In Part 3, we’ll talk about effective rallying cries to bring the business borrowers to your financial institution. In other words, why should they borrow from you rather than a challenger credit union, online [...]
In Part 2, we’ll discuss the power of a digital platform in defeating the competition! Digital technology allows your bank or credit union to provide small business loans efficiently, quickly and profitably.
In this series, we will lay out a battle plan for overcoming obstacles and conquering the competition in the digital small business lending space.
For many banks, the ability to offer small-business loans efficiently, quickly and compliantly has been more of an aspiration than a reality. The technical, financial and staffing obstacles involved in launching small business loan products [...]
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 [...]
Velocity Solutions announces that their Account Revenue Solution™ has been selected as a winner in the NAFCU Services 2021 Innovation Awards. The annual NAFCU Services Innovation Awards program recognizes some of the most valuable contributions [...]
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 [...]
