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This new partnership with Fair Isaac will allow AFS to leverage its card outsourcing market leadership in the region with Fair Isaac's industry-proven account management system," said Rasool Hujair, CEO at AFS.
This accretive transaction for AFS is expected to close as early as the end of the fourth quarter of 2006 (subject to regulatory approvals) and follows AFS' announcement last month of their consolidation with USCarrier Telecom Holdings, LLC, a long haul network provider to second tier markets in Southeastern United States.
NET would deliver our customers an optimal total cost of ownership, in terms of hardware, software and ongoing support, lower business transaction processing costs and better application performance," said Suhas Gudihal, AFS chief technology officer.
Our vision is to build a company that will become the premier software solutions provider to the food and beverage industries, and the acquisition of DMS clearly provides the scale needed, and will position AFS firmly on that path," said Walter Barandiaran, chairman of AFS and a managing partner of Argentum.
Through the alliance, OSHA and AFS developed a PPE guide for employers and employees, which is now part of AFS' Safety and Health Manual.
AFS offers a fully integrated lending and credit risk management solution on an outsourced basis.
People's successful conversion of its commercial real estate portfolio to the AFS platform reinforces the bank's commitment to its commercial clients," said Lisa Hurwitz, vice president of Commercial Operations at People's Bank.
In a town hall meeting format, the latest information on AFS/ CMI will be presented, and there will be an opportunity to meet AFS National Officers and discuss current metalcasting issues.
Vehicles that employ AFS Trinity's Extreme Hybrid(TM) drive train will connect at night to house current through a wireless inductive coupler to charge their car's batteries and flywheel.
Lucchetti AFS 2nd Vice President President Cumberland Foundry Co.
AFS is a technology company recognized worldwide for image-based digital solutions that meet real-world check and remittance processing needs.