Innovative, Consumer-Friendly Options for Obtaining Short-Term Liquidity
Hear some of our financial institution clients talk about their experiences with Velocity’s Consumer Liquidity Engine, the platform on which our overdraft solution (Intelligent Limit System) and our small-dollar loan solution (CashPlease) work together to mitigate risk for both the financial institution and the account holder.
Industry articles, lawmakers and even financial institutions may not realize the positive economic impact that overdraft programs provide—not only to consumers, but to the economy at large.
Financial institutions that manage overdraft with outdated programs cannot capitalize on the opportunity to improve service and compliance.
If your bank or credit union is evaluating your deposit products and whether they’ve evolved with industry changes, learn why we recommend the power of three.
In order for community financial institutions to grow, they need to consistently monitor and measure critical account data points and modify their procedures accordingly.