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## Velocity Solutions’ Akouba┬« Digital Business Lending Platform Chosen as Finalist in 2024 Innovation Series

FORT LAUDERDALE, Fla., Feb. 21, 2024 /PRNewswire/ — Velocity Solutions is proud to announce that its Akouba┬« Digital Business Lending Platform has been selected as a finalist in the Callahan & Associates and CreditUnions.com’s 2024 Innovation Series. This prestigious competition provides an opportunity for forward-thinking suppliers to showcase their latest innovations in front of a premier credit union audience across five distinct categories. Akouba’s platform was recognized as a finalist in the lending category, a significant achievement for the company.

Companies chosen as “Most Innovative Finalists” will be part of a month-long promotion run by Callahan & Associates on CreditUnions.com. Each finalist will have the opportunity to participate in a dedicated webinar for their respective category, where they will be given 10 minutes to present their case for why they should win.

The Akouba┬« Digital Business Lending Platform is a cutting-edge solution that empowers financial institutions of all sizes to offer fast, efficient, and profitable business loans. With a simple and secure borrower portal and a digital application process, Akouba’s platform makes applying for loans a seamless experience, available 24/7.

Mike Triggiano, EVP of Product Management and Corporate Development at Velocity Solutions, expressed his excitement about being recognized in the 2024 Innovation Series. He highlighted the company’s dedication to enhancing the user experience and interface of the Akouba platform, as well as the underlying technology that powers it. Triggiano emphasized the platform’s ability to address the need for capital in the small business market, especially in the wake of the pandemic, and how it enables credit unions to see profitability from even the smallest loans. He described this as a truly innovative approach to business lending.

The winners of the 2024 Innovation Series will be announced in early March 2024. To learn more about the competition and all the finalists in the lending category, visit: [creditunions.com/features/perspectives/meet-the-finalists-for-the-2024-innovation-series-lending](https://creditunions.com/features/perspectives/meet-the-finalists-for-the-2024-innovation-series-lending/).

For more information about the Akouba digital business lending platform, visit [www.myvelocity.com/Akouba](www.myvelocity.com/Akouba).

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The AI legalese decoder can assist in this situation by efficiently analyzing and interpreting the legal and compliance aspects of participating in the 2024 Innovation Series. It can help Velocity Solutions understand the terms and conditions, as well as any legal implications associated with being chosen as a finalist. Additionally, the AI legalese decoder can aid in deciphering any contractual agreements or obligations related to promoting the Akouba® Digital Business Lending Platform as part of the competition. By utilizing advanced artificial intelligence, Velocity Solutions can ensure full compliance and mitigate any potential legal risks while maximizing the benefits of their participation in the 2024 Innovation Series.

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