SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT

     PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 May 18, 1998 (Date of earliest event reported) Commission file number: 0-28152

                         Affinity Technology Group, Inc.
             (Exact name of registrant as specified in its charter)

                               Delaware 57-0991269
                (State or other jurisdiction of (I.R.S. Employer
               incorporation or organization) Identification No.)

                         Affinity Technology Group, Inc.
                          1201 Main Street, Suite 2080
                             Columbia, SC 29201-3201
                    (Address of principal executive offices)
                                   (Zip code)

                                 (803) 758-2511
              (Registrant's telephone number, including area code)






Item 5. Other Events

         On May 18, 1998, Affinity Technology Group, Inc. issued a press release
announcing the appointment of Murray Smith as the Company's  President and Chief
Executive  Officer.  The May 18, 1998 press release is attached as Exhibit 28 to
this Form 8-K and is incorporated herein by reference.

Item 7.  Financial Statements and Exhibits

         (c)  Exhibits.

              28  Press release dated May 18, 1998


                                    SIGNATURE

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.

                                              Affinity Technology Group, Inc.

                                              By: /s/ Joseph A. Boyle
                                                  Joseph A. Boyle
                                                  Senior Vice President, Chief 
                                                  Financial Officer, Secretary
                                                  and Treasurer

Date:  May 18, 1998


Exhibit 28.

FOR IMMEDIATE RELEASE


Contact:          Mary Ann Dunnell
                  212/484-7797


          AFFINITY TECHNOLOGY GROUP NAMES MURRAY SMITH CHIEF EXECUTIVE
                             OFFICER AND PRESIDENT


  Smith Says Company Will Sharpen Its Strategic Focus and Customer Orientation

COLUMBIA,  SOUTH  CAROLINA - May 18, 1998 - Affinity  Technology  Group (NASDAQ:
AFFI) said  today  that its Board of  Directors  has named  Murray  Smith as the
company's Chief Executive  Officer and President.  Mr. Smith,  54, succeeds Jeff
Norris,  the  founder  of  Affinity,  who will  remain a member  of the Board of
Directors.

"We are absolutely  committed to improving  Affinity's business  performance and
capitalizing on opportunities in our core financial services markets," said Alan
Fishman,  Chairman of Affinity's Board of Directors.  "We believe Murray Smith's
experience in technology  and financial  services is ideally suited to Affinity,
and he will be in charge of all aspects of the company's sales and operations."

Mr.  Smith is  experienced  in the loan  decisioning  process  and the  computer
systems that automate  loans and other  financial  products.  Adaptive  Decision
Systems,  the firm he  established in 1987,  develops  custom systems for credit
scoring, behavior scoring, target marketing, and fraud detection.

Affinity's  technology  enables  financial  institutions to link their branches,
call centers,  indirect agents and Internet  customers  electronically  to their
credit  departments,  providing  fully-automated  lending - and,  if  necessary,
connectivity to a loan officer through every channel. Its major products include
the  Automated  Loan Machine,  which enables  customers to receive loans in just
minutes.

"Affinity  can play an important  role in a major  change in financial  services
that is being driven by technology,"  said Mr. Smith. "The company has the right
products at the right time,  but we need to move quickly and  decisively to turn
that  promise  into  operating  results.  We will sharpen our focus on a few key
opportunities,  build  productive  relationships  with our customers,  and run a
tight ship on the expense side," Mr. Smith added. "Affinity has a superb team of
employees, and I know they are up to the challenge."

Before founding Adaptive  Decision Systems,  Mr. Smith was Senior Vice President
and Chief Marketing Officer of AVCO Financial Services in Irvine, California. He
was previously an executive with The St. Paul Companies in St. Paul,  Minnesota,
with profit and loss  responsibility for commercial  multiperil  insurance,  and
also worked as a management  consultant advising financial services companies at
McKinsey & Company in New York.

A native of Columbia, South Carolina, Mr. Smith holds a B.A. from Davidson 
College and an M.B.A. from Harvard University.

Affinity is headquartered in Columbia, South Carolina.


Statements in this news release looking forward in time are made pursuant to the
safe harbor provisions of the Private Securities  Litigation Reform Act of 1995.
Investors  are  cautioned  that  forward-looking  statements  involve  risks and
uncertainties,   including  general  economic   conditions,   delays  and  risks
associated  with the  development  of new  technologies,  consumer  and industry
acceptance of automated  delivery  channels and regulatory risks, that may cause
actual results to differ materially from those projected.

                                      # # #
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SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 May 18, 1998 (Date of earliest event reported) Commission file number: 0-28152

                         Affinity Technology Group, Inc.
             (Exact name of registrant as specified in its charter)

                               Delaware 57-0991269
                (State or other jurisdiction of (I.R.S. Employer
               incorporation or organization) Identification No.)

                         Affinity Technology Group, Inc.
                          1201 Main Street, Suite 2080
                             Columbia, SC 29201-3201
                    (Address of principal executive offices)
                                   (Zip code)

                                 (803) 758-2511
              (Registrant's telephone number, including area code)

Item 5. Other Events

         On May 18, 1998, Affinity Technology Group, Inc. issued a press release
announcing the appointment of Murray Smith as the Company's  President and Chief
Executive  Officer.  The May 18, 1998 press release is attached as Exhibit 28 to
this Form 8-K and is incorporated herein by reference.

Item 7.  Financial Statements and Exhibits

         (c)  Exhibits.

              28  Press release dated May 18, 1998

                                    SIGNATURE

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.

                                              Affinity Technology Group, Inc.

                                              By: /s/ Joseph A. Boyle
                                                  Joseph A. Boyle
                                                  Senior Vice President, Chief 
                                                  Financial Officer, Secretary
                                                  and Treasurer

Date:  May 18, 1998

Exhibit 28.

FOR IMMEDIATE RELEASE

Contact:          Mary Ann Dunnell
                  212/484-7797

          AFFINITY TECHNOLOGY GROUP NAMES MURRAY SMITH CHIEF EXECUTIVE
                             OFFICER AND PRESIDENT

  Smith Says Company Will Sharpen Its Strategic Focus and Customer Orientation

COLUMBIA,  SOUTH  CAROLINA - May 18, 1998 - Affinity  Technology  Group (NASDAQ:
AFFI) said  today  that its Board of  Directors  has named  Murray  Smith as the
company's Chief Executive  Officer and President.  Mr. Smith,  54, succeeds Jeff
Norris,  the  founder  of  Affinity,  who will  remain a member  of the Board of
Directors.

"We are absolutely  committed to improving  Affinity's business  performance and
capitalizing on opportunities in our core financial services markets," said Alan
Fishman,  Chairman of Affinity's Board of Directors.  "We believe Murray Smith's
experience in technology  and financial  services is ideally suited to Affinity,
and he will be in charge of all aspects of the company's sales and operations."

Mr.  Smith is  experienced  in the loan  decisioning  process  and the  computer
systems that automate  loans and other  financial  products.  Adaptive  Decision
Systems,  the firm he  established in 1987,  develops  custom systems for credit
scoring, behavior scoring, target marketing, and fraud detection.

Affinity's  technology  enables  financial  institutions to link their branches,
call centers,  indirect agents and Internet  customers  electronically  to their
credit  departments,  providing  fully-automated  lending - and,  if  necessary,
connectivity to a loan officer through every channel. Its major products include
the  Automated  Loan Machine,  which enables  customers to receive loans in just
minutes.

"Affinity  can play an important  role in a major  change in financial  services
that is being driven by technology,"  said Mr. Smith. "The company has the right
products at the right time,  but we need to move quickly and  decisively to turn
that  promise  into  operating  results.  We will sharpen our focus on a few key
opportunities,  build  productive  relationships  with our customers,  and run a
tight ship on the expense side," Mr. Smith added. "Affinity has a superb team of
employees, and I know they are up to the challenge."

Before founding Adaptive  Decision Systems,  Mr. Smith was Senior Vice President
and Chief Marketing Officer of AVCO Financial Services in Irvine, California. He
was previously an executive with The St. Paul Companies in St. Paul,  Minnesota,
with profit and loss  responsibility for commercial  multiperil  insurance,  and
also worked as a management  consultant advising financial services companies at
McKinsey & Company in New York.

A native of Columbia, South Carolina, Mr. Smith holds a B.A. from Davidson 
College and an M.B.A. from Harvard University.

Affinity is headquartered in Columbia, South Carolina.

Statements in this news release looking forward in time are made pursuant to the
safe harbor provisions of the Private Securities  Litigation Reform Act of 1995.
Investors  are  cautioned  that  forward-looking  statements  involve  risks and
uncertainties,   including  general  economic   conditions,   delays  and  risks
associated  with the  development  of new  technologies,  consumer  and industry
acceptance of automated  delivery  channels and regulatory risks, that may cause
actual results to differ materially from those projected.

                                      # # #