A Google search on the term “overdraft” returns more than 69 million results, many of which focus on how to avoid “unfair” fees. However, the negative press and regulatory chagrin over overdraft fees doesn’t [...]
Download this comprehensive white paper from Cornerstone Advisors, based on a Q2 2022 online survey of 3,000 US consumers that explores consumers’ use of, experience with, and attitudes towards overdraft protection services and with [...]
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 [...]
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 [...]
Velocity Solutions has released a new report commissioned from Cornerstone Advisors: “Beyond Overdraft: Helping Consumers Manage Liquidity.” This comprehensive white paper is based on a Q2 2022 survey of 3,000 US consumers that explores [...]
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. [...]
