What Happened?
Wilmington, NC-based Velocity Solutions has Promoted Albert Steed as Chief Information Officer
About the Company
Velocity Solutions® is the leading provider of revenue enhancement solutions to regional and community banks and credit unions. Founded in 1995 and servicing the transaction accounts of over 25 million consumers and business owners, we have unparalleled expertise and insight into deposit account activity and transactional trends. Our innovative technology ensures seamless implementation and the highest levels of data security. Our unique approach is designed to: • Drive new account openings with an automated referral strategy • Increase checking account activity among existing account holders • Generate non-interest fee income by offering additional services and perks to debit card users • Increase account holder retention • Address regulatory scrutiny by proactively managing overdraft services One of our newest solutions is an automated small-dollar, short-term lending platform that allows financial institutions to provide loans that are responsible, compliant and dramatically more efficient than other manual solutions. Our solutions address the changing regulatory landscape and evolving consumer needs. Our ability to swiftly and proactively develop innovative new solutions stems from our seasoned leadership team, providing a powerful mix of financial, analytical, legal, marketing and technical backgrounds. This unique blend of expertise allows us to develop a true consultative relationship with our clients and help them succeed within the ever-changing economic and regulatory environment.
About the Person
Albert Steed is Chief Information Officer for Velocity Solutions. He is responsible for providing overall strategic and operational direction for the company's technological planning and development.
Albert has a BS in Management Information Systems from the University of North Carolina at Wilmington’s Cameron School of Business. Albert lives in Wilmington, NC with his wife and son. Albert has a passion for health and wellness including primal nutrition, CrossFit, and anything that mixes mud and obstacles.
Info Source
News
Short Profile