FORT LAUDERDALE, Fla. – May 11, 2021 Velocity Solutions announces that their Account Revenue Solution™ has been selected as a finalist in NAFCU’s 2021 Innovation Awards. The Innovation Awards is an annual program, presented by NAFCU Services, that honors the transformational and valuable contributions to the credit union industry. All entries are evaluated by a panel of top executives and members of the media based on the degree of innovation and impact on credit union success.
The Account Revenue Solution™ helps credit unions leverage big data and digital strategies to more successfully onboard new accounts, drive non-interest income, boost transactional activity and encourage cross-selling, while providing a rewarding experience for a credit union’s members.
“We are proud of our status as a NAFCU Preferred Partner and thrilled to be recognized as a finalist in NAFCU’s Innovation Awards,” said Steve Swanston, EVP of Velocity Solutions. “The Account Revenue Solution™ is an innovative product that provides the best and only solution in the industry for boosting performance at each stage of the checking account life cycle in an integrated software-as-a-service package. Paired with the Velocity Intelligent Platform™, our clients have unique insights into their entire account base, leading to enhanced profitability and improved member service.”
All finalists will present a 5-minute demo of their solutions during NAFCU’s virtual Innovation Spotlight on July 28th. To see the complete list of finalists in NAFCU’s 2021 Innovation Awards, visit: https://www.nafcu.org/innovationawards/2021-innovation-award-finalists
To learn more about Velocity Solutions’ Account Revenue Solution™, visit www.myvelocity.com/ars
About Velocity Solutions, LLC
Founded in 1995 and servicing the transaction accounts of over 30 million consumers and business owners, Velocity Solutions is the leading provider of revenue-driving solutions for community banks and credit unions. Our Velocity Intelligent Platform® powers all of Velocity’s solutions, using machine-led intelligence that delivers powerful analytics and drives revenue, loans, account holder engagement and non-interest income to our client financial institutions. For more information, please visit myvelocity.com.