Thursday December 5 12:41 PM EDT
Affinity Technology Group and Mosler Sign Distribution Agreement
Mosler to Add Affinity Automated Loan Machine To its In-Store Satellite Bank Package
DALLAS, Dec. 5 /PRNewswire/ -- Affinity Technology Group Inc and Mosler, Inc., a high technology security company,
today announced that Mosler will add Affinity's Automated Loan Machine (ALM [TM]) to its in-store satellite bank package.
"This partnership leverages Mosler's extensive network and sales team," said Jeff Norris, President and CEO of Affinity.
"Affinity's ALMs will gain access to Mosler's existing customer base and are a powerful extension of Mosler's product line."
Michael Rapoport, President and CEO of Mosler said, "This is a defining moment for automated banking services. By adding
the Affinity Automated Loan Machine to the Mosler in-store satellite banks, we are providing financial institutions the tools
they need to deliver the highest level of convenience to their customers. They can now offer cost-effective banking services,
including automatic loans, 24 hours a day, seven days a week."
In addition to offering Affinity's ALM, Mosler's in-store branch bank services offer a full line of integrated and free-standing
alarm systems, cash safes, counter systems and other security products. Mosler develops, installs and services a complete line
of electronic security systems, including access control, entry and metal detection systems, alarm monitoring, closed circuit
video and currency processing equipment. Mosler products also include a full line of vaults, safes, vault doors, bullet resistant
equipment, financial furniture and drive-in banking equipment.
Founded in 1867, Mosler is headquartered in Hamilton, Ohio. Mosler offers 24-hour service, seven days a week from over
200 service points located in all 50 states and around the world. The Mosler UL-Listed Command Center provides monitoring
services to customers across the U.S. Mosler manufacturing facilities are located in Buffalo and Franklinville, New York,
Wayne, New Jersey and Mexico City. Mosler has licensees in Korea, Indonesia, Cyprus and the Philippines.
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
Help
Back to Affinity Technology Group Inc news page |
