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Velocity Solutions and Allied Solutions Team up to Offer Digital Business Loan Platforms to the Financial Marketplace

FORT LAUDERDALE, Fla.–(Business WIRE)–Velocity Answers announces that Allied Solutions has included the Akouba® and Akouba® Micro electronic lending platforms to its partnership portfolio, furnishing entry to the platforms to its substantial community of economical institutions. Velocity and Allied Solutions have taken care of a strategic partnership because 2015 to produce buyer-pleasant and compliant answers to money establishments and their account holders throughout the nation.

Akouba® is a cloud-based mostly SaaS small business personal loan platform, which streamlines the application procedure from close-to-stop, delivering a remarkable practical experience for organization borrowers and mortgage officers. Akouba® Micro is an automated, digital company microloan system, the latest addition to Velocity’s lending answers for banking institutions and credit rating unions. Akouba Micro’s automatic process does not use a credit history rating to decide loan eligibility, fairly, the process calculates the borrower’s skill to repay the loan centered on their transactional account heritage and other styles of alternative knowledge.

“We’re thrilled to increase these platforms to our Allied Answers partnership portfolio,” claimed Mike Triggiano, Velocity EVP of Products Administration and Company Enhancement. “Our engineering, products and solutions and platforms align seamlessly with Allied’s breadth of methods, and we’re happy to increase our connection and keep on to produce ground breaking, accountable and revenue-creating items to the banking marketplace.”

“The option to offer you Akouba® to the marketplace could not have arrive at a far better time,” said Traci Mottweiler, 2nd Vice President of Products Management, Allied Remedies. “With the fluctuating economic landscape, it’s crucial that we give our clientele options that fulfill their requirements and aid them meet up with the demands of their individuals. This new electronic lending system will be in a position to deliver a lot required liquidity to business enterprise account holders by way of a speedy and easy channel — this agility is what helps make this program stand out earlier mentioned the rest,” said Mottweiler.

To discover more about adding Akouba® and Akouba® Micro as a item featuring at your money institution or for a totally free demo, please make contact with your Allied Methods agent. Or, take a look at: www.myvelocity.com/DigitalBusinessLending.

About Velocity Alternatives, LLC

Founded in 1995 and servicing the transaction accounts of in excess of 30 million shoppers and small business house owners, Velocity Answers is the leading service provider of engineering solutions that push earnings, support and compliance for neighborhood banks and credit unions. Our Velocity Intelligent Platform® powers all of Velocity’s answers, working with device-led intelligence that provides impressive analytics, manages possibility, and drives earnings, loans, account holder engagement and non-curiosity income to our client economic establishments. For far more data, remember to visit myvelocity.com.

About Allied Remedies

Allied Options is a single of the biggest suppliers of insurance, lending, possibility management, and data pushed options to economical institutions. Allied Solutions employs technologies-based methods tailored to meet the desires of 4,000 clientele along with a portfolio of ground breaking merchandise and providers from a broad variety of vendors. Allied Methods is headquartered in Carmel, Indiana, with regional places of work in Florida, Minnesota, South Dakota, and Texas. Allied Solutions is a wholly owned and independently operated subsidiary of Securian Economical Group. Take a look at alliedsolutions.web to learn much more.