CSI, a Paducah, KY-based provider of end-to-end financial software and technology, acquired Velocity Solutions, a Fort Lauderdale, FL-based company providing financial institutions account and deposit acquisition, customer engagement and retention solutions.
The amount of the deal was not disclosed.
Velocity complements CSI’s acquisition of Hawthorn River in December 2023, further enhancing its product offerings to support financial institutions’ most significant sources of revenue.
Led by CEO Christopher Leonard, Velocity Solutions is a provider of technology solutions that drive revenue, service and compliance for community banks and credit unions. Its platform empowers all of the company’s solutions, using machine-led intelligence that delivers analytics, manages risk and drives revenue, loans, account holder engagement and non-interest income to our client financial institutions.
Led by CEO David Culbertson, CSI helps community and regional banks, as well as organizations worldwide, solve their customers’ needs through open and agile technologies including:
FinSMEs
19/09/2024