Thursday December 5 10:36 AM EDT
Affinity Technology Group and NCR Sign Alliance Agreement
Advanced NCR ATMs to Include Affinity Automated Lending Capability
DALLAS, Dec. 5 /PRNewswire/ -- Affinity Technology Group Inc and NCR today announced a strategic alliance combining
NCR's new "Personas 83" line of automated self-service financial kiosks with Affinity's Decisys/RT [sm] decisioning
technology, enabling banks to automate lending and new deposit services to their customers 24 hours a day, seven days a
week. NCR will "Affinity-enable" its financial kiosks, which will also offer traditional and advanced self-service functions.
"This agreement combines Affinity's innovative self-service products with NCR's cutting-edge ATM technology and national
distribution network," said Jeff Norris, President and CEO of Affinity. "Consumers want to be able to access financial services
all day, every day. NCR's new Affinity-enabled advanced function kiosk meets that demand head on. This is a major step
forward in Affinity's strategy of delivering financial services without borders."
Andrew Orent, Vice President Self-Service, U.S., at NCR, emphasized the benefits consumers will enjoy from NCR's new
generation of self-service kiosks. "Financial institutions are under enormous pressure to provide better services at lower costs.
The Affinity-enabled Personas 83 does both, allowing our customers to offer consumers most of the services available at a
branch without the brick-and-mortar investment," he said.
In addition to announcing their agreement, Affinity offered bankers a first-hand look at the new Affinity-enabled Personas 83 at
the BAI Retail Delivery Show in Dallas, Texas. Industry leaders could see first-hand how the device, coupled with Affinity's
Decisys/RT [sm] decision-support system, could take and process a consumer loan application or open a checking account,
approve it, and deliver a check and other documents -- all in a matter of minutes.
NCR's Financial Systems Group is an industry leader in three primary areas: financial delivery systems including self-service,
relationship banking data warehousing solutions and image and payment systems. These solutions allow financial institutions to
reach customers more effectively and to develop more tightly linked relationships through self-service, traditional bank
branches, call centers and home banking channels. NCR Corporation's computer systems, store automation, banking systems,
consulting and support services are used by customers in more than 130 countries around the world. NCR is located on the
World Wide Web at www.ncr.com.
Affinity Technology Group, Inc. is a leader in sophisticated, consumer- friendly automation for the consumer finance industry.
The Affinity Automated Loan Machine is driven by Affinity's proprietary Decisys/RT [sm] decision- support system, which
enables financial institutions to deliver credit and deposit products through any delivery channel -- branches, call centers, home
banking, the Internet, the ALM and beyond -- without personnel involvement. The Affinity ALM uses touch-screen technology
and instant, on-line identity verification to originate and consummate loan applications and other transactions in as little as ten
minutes. It is also a powerful fulfillment vehicle for transactions initiated through another retail delivery channel. Similar in
appearance to ATMs, Affinity ALMs can be deployed anywhere, providing access to consumers and generating assets for the
financial institution 24 hours a day, 365 days a year. Affinity is located on the World Wide Web at www.moreassets.com.
SOURCE Affinity Technology Group
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