Horluxe LLC, a New York company that leases luxury watches, is using an origination system from Metavante Technologies Inc.
The Milwaukee banking technology vendor said Monday that it created an indirect loan origination system for Horluxe by combining its CreditWorx loan origination technology with other services, including special financing and insurance.
"We expect that Metavante's Web-based CreditWorx platform will be very well received by many retailers who opt to offer our watch lease program," Geoffrey D. Lurie, Horluxe's chief executive, said in a Metavante press release.
Horluxe was formed in 2007 to serve timepiece enthusiasts.
