The “Times Insider,” a division of the New York Times, recently released one of the most shocking pandemic-related statistics yet: Twenty-two million U.S. jobs were lost in March and April because of the pandemic — [...]
Velocity Solutions recently commissioned a research report from Cornerstone Advisors: The Reacquisition Imperative: Why Financial Institutions Must Reacquire Customers Through Digital Engagement. This 35-page report, based on survey data from 3,004 U.S. consumers, [...]
Have you downloaded all four white papers to date in Velocity’s Credit Union Recovery Series? If not, here’s your chance to catch up. This series of white papers identifies and explores the top [...]
Why a MANAGED Overdraft Program Matters More Post-Crisis Overdraft has always been a valuable service to consumers, even pre-crisis, and it will continue to provide value post-crisis for consumers who need to rely on this [...]
According to the Pew Research Center, about half of lower-income Americans report household job or wage loss due to COVID-19. Young adults were disproportionately at risk of job losses from COVID-19, as were the least [...]
Overdraft has always been a valuable service to consumers, even pre-crisis, and it will continue to provide value post-crisis for consumers who need to rely on this protection more than ever. As consumers across the [...]
In a blow to our economy unlike anything we’ve seen before, spending has plummeted across all payment methods and has impacted nearly every category, except for necessities such as groceries. Most financial institutions are [...]
On March 26, 2020, the five primary federal financial regulators issued a joint statement encouraging banks, savings associations and credit unions to offer responsible small-dollar loans to consumers and small businesses in response to COVID-19. [...]
In response to strong market demand, Velocity Solutions, LLC, the leading provider of revenue enhancement solutions to regional and community financial institutions, unveiled a new website and digital marketing campaign for its Akouba digital lending [...]
March 4, 2019 Velocity Solutions, LLC, the leading provider of revenue enhancement solutions to regional and community financial institutions, announced capacity attendance for its Velocity Executive Summit in Charleston, S.C., at the Belmond Charleston [...]
Velocity Solutions, LLC, the leading provider of revenue enhancement solutions to regional and community financial institutions, announced that Jeff Harper has been named as the new Director of Strategic Sales for Velocity Solutions. An experienced [...]
Velocity Solutions, LLC, the leading provider of revenue enhancement solutions to regional and community financial institutions, announced that the latest updates to its Intelligent Limit System® (ILS), the industry-leading overdraft management solution, are now available. [...]
Velocity Solutions, LLC, the leading provider of revenue enhancement solutions to regional and community financial institutions, through a subsidiary, has completed the acquisition of CourtesyConnect®/CourtesyLimit™, the automated overdraft management system provided by CourtesyCloud Management [...]
Velocity Solutions, LLC, through a subsidiary, has completed the acquisition of substantially all the assets of Akouba Inc., a white label SaaS-based digital lending platform that enables financial institutions to underwrite loans quickly, efficiently, and [...]
