Overdraft isn’t over
Overdraft is definitely in the news. Pundits prognosticate on how overdraft is going away, and create the impression that all consumers detest overdraft and want the service to end. I have a unique perspective on [...]
The latest from Velocity Solutions
White paper: The battle for small business lending – part three
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 [...]
White paper: The battle for small business lending – part two
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.
White paper: The battle for small business lending – part one
In this series, we will lay out a battle plan for overcoming obstacles and conquering the competition in the digital small business lending space.
8 probing questions to ask a prospective small business lending partner
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 [...]
How you can help members weather the COVID-induced financial storm
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 — [...]
Complimentary webinar: Why financial institutions must reacquire consumers through digital engagement
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, [...]
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Latest Press from Velocity Solutions
Velocity’s Account Revenue Solution™ selected as a winner in NAFCU’s 2021 Innovation Awards
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 [...]
Velocity Solutions small-dollar consumer lending platform allows financial institutions to comply with the recent joint agency recommendation
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. [...]
Velocity unveils new Akouba website, marketing campaign to support increased demand in digital lending
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 [...]
Velocity Solutions discusses how big data and digitization are transforming banking in complimentary Charleston Executive Summit
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 taps industry veteran Jeff Harper to lead newly expanded sales group
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 announces latest enhancements to industry’s leading overdraft management solution
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 creates the industry’s most robust overdraft management solution with the acquisition of BSG’s CourtesyConnect®/CourtesyLimit™ cloud-based software
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 [...]
