The Mister Money Payday Loan Self-Service Kiosk
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Article Summary
June 8, 2007 The engenuity of man knows no bounds – with secure processes and some multimedia, new machines can reduce a costly and inefficient manual process to zeroes and ones and a few minutes. A shining example of this is Mister Money's AFS self-service kiosk for automated payday loan processing. Mister Money operates in the pawn and subprime lending industries, so it is no stranger to assessing and mitigating risk via a verification, scoring and approval methodology. It has now automated that approval methodology and has been granted a patent on this process, incorporating the lot into in an unmanned kiosk application. The kiosks and loan processing software are available for purchase and licensing.
