Velocity Solutions

Overdraft Revenue Dwindles: Tech Solutions Emerge Amid Regulatory Headwinds
Overdraft Revenue Dwindles: Tech Solutions Emerge Amid Regulatory Headwinds
September 24, 2024  |  Banking

Last year, overdraft fees charged by banks — representing a revenue stream tied to account use — slipped by 24% to $5.8 billion. The industry...

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CSI Buys Overdraft Management Firm Velocity Solutions to Help Banks Grow
CSI Buys Overdraft Management Firm Velocity Solutions to Help Banks Grow
September 18, 2024  |  Acquisitions

Financial technology provider CSI acquired overdraft management software firm Velocity Solutions. “Our customers rely on us to provide the advanced tools and software that drive...

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