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Innovative by tradition
The company's founders are meanwhile looking back on more than 20 years of experience in their field of business and are permanently developing innovations in sales financing: Already in 1986 they were successful in developing the first leasing software under DOS available on the market. Since 1995 - the company's founding year - some more mile stones were set:
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1995-97
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Establishment of afb as a provider of Point of Sale (POS) credit management solutions with more than 30,000 systems (first windows-based solutions)
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1997-99
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- Focus on the Internet as technological basis for the afb system
- Market launch of afb systems and going to market with Application Service Providing solution (first web-enabled solution)
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1999
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First reference customers for the application services of afb
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2000
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- Development of a well-known international customer base (General Motors Acceptance Corp.)
- Replacement of old generation systems
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2001
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Implementation of fully automated credit decision and processing functionalities
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2002
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Development of multi-lingual software solutions
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2003
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Introduction of early termination and web-enabled customer care functionality
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2004
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- Launch of wholesale financing solution with a focus on the automotive industry
- Launch of a PDA solution
- First customers in Eastern Europe (Poland, Russia)
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2005
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Complete web-based architecture of the afb Credit Management Solution
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2006
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- New contract management system for loans, leasing and wholesale financing
- Integration of revolving credit functionalities
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2007
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Expansion of data mining and data warehouse functionalities
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