Press Releases

2016

11/10/2016     Velocity Honored at 2016 Elavon MSP Conference

ISOs from around the country gathered for the 2016 MSP Conference in New Orleans, Louisiana. During the awards ceremony, Velocity’s CEO Jeff Davidson and Velocity’s Chairman Edward Steinberg received a first place award for their performance. “We’re very proud of our accomplishments from the previous year and we’re extremely optimistic about 2017″, said Edward Steinberg, Co-Founder and Chairman of Velocity Processing.

03/03/2016     Bill Payment Technology

Velocity is now providing all clients with a bill pay tool to help them collect payments 24 / 7 / 365. Every client, regardless of their processing methods, will have access to the tool. “We implemented this for one client and realized that all clients should have the same solution. We decided as a team to make it available to all of our clients without charging a customization fee and it has taken off”, said Jeff Davidson, Co-Founder and CEO of Velocity Processing.

2015

10/01/2015     Chip Card Terminals Implemented

Velocity’s deployment of chip card terminals was successfully completed for all clients ahead of the October 1, 2015 deadline. All clients processing face-to-face transactions have been transition to the newest EMV technology, allowing all chip card transactions to be processed in accordance with the regulations of the card associations. “We began this processes well ahead of the deadline with the objective of transitioning all of our clients processing face-to-face transactions. Our team did an outstanding job and our clients are protected”, said Jeff Davidson, Co-Founder and CEO of Velocity Processing.

03/06/2015     Velocity Offering American Express OptBlue

Velocity is now offering OptBlue, a program that was recently introduced by American Express with the objective of expanding their national coverage. “The new program will  provide Velocity’s clientele with the ability to receive additional cost savings and peripheral benefits related to American Express acceptance”, said Edward Steinberg, Co-Founder and Chairman of Velocity Processing.

01/05/2015     Velocity CEO, Jeff Davidson, Presenting at 2015 PMA Conference

The Professional School Photographers Association (PSPA) selected Velocity CEO, Jeff Davidson, to speak at the 2015 PMA annual conference in Las Vegas. “The photography industry is experiencing a paradigmatic shift in the way that customers purchase products and services, specifically with online bill pay and mobile devices”, said Jeff Davidson, Co-Founder and CEO of Velocity Processing.

2014

11/06/2014     Velocity CEO, Jeff Davidson, Recognized at 2014 Elavon MSP Conference

ISOs from around the country gathered for the 2014 MSP Conference in Carlsbad, San Diego. During the Advisory update, Velocity’s CEO Jeff Davidson was recognized for his contributions to the MSP Advisory Committee and the PulsePoint Advisory Board. “Both Elavon and Fidano are great partners and it’s an honor to serve on their respective advisory boards”, said Jeff Davidson, Co-Founder and CEO of Velocity Processing.

11/03/2014     Velocity Deploys Terminals To Support EMV & Apple Pay

Velocity begins deployment of terminals to support EMV (Chip & PIN technology) and Apple Pay. “Velocity is proud to be offering an array of products and services that will enable our merchants to meet the new requirements of the card associations well ahead of the October 2015 deadline and process contactless payments initiated by mobile wallets”, said Jeff Davidson, Co-Founder and CEO of Velocity Processing.

09/08/2014     Velocity Launches Text Notifications System (TNS)

Velocity has launched a text notification system for delivering data to our clients via SMS text messages. “Sending automated notifications to our clients continues to build on Velocity’s value proposition. We’re using live data feeds and sophisticated software to provide salient data to our clients”, said Jeff Davidson, Co-Founder and CEO of Velocity Processing.

07/23/2014     Velocity Launches Electronic Application System (EAS)

Velocity has launched an electronic application system for data entry and file uploads. “We continue to raise the bar in our industry. We now have the ability to submit applications to our underwriting department within minutes of receiving an application”, said Jeff Davidson, Co-Founder and CEO of Velocity Processing.

05/12/2014     Velocity CEO, Jeff Davidson, Elected to Elavon’s Opt Blue Committee

Elavon, a global leader in payment processing, elects Jeff Davidson to their AMEX Opt Blue Committee. “The ability to set American Express pricing will be a tremendous asset to our channel and to our clients”, said Jeff Davidson, Co-Founder and CEO of Velocity Processing.

2013

11/26/2013     Velocity Adds Mark Fein as Director of Business Development

Velocity welcomes financial specialist and South Florida native, Mark Fein, as the Director of Business Development. Mark has been in the financial services arena for 17 years, predominately working with high net worth individuals and organizations. “Mark has an extensive network and a history of adding tremendous value for his clients. We’re excited to have Mark as part of the Velocity team”, said Jeff Davidson, Co-Founder and CEO of Velocity Processing.

11/08/2013     Velocity CEO, Jeff Davidson, Recognized at 2013 Elavon MSP Conference

ISOs from around the country gathered for the 2013 MSP Conference in West Palm Beach, The four-day conference kicked off with the awards ceremony where Jeff Davidson was recognized for his contributions to Elavon’s MSP Advisory Committee.

10/03/2013     Velocity CEO, Jeff Davidson, Elected to Elavon’s Retention Advisory Board

Elavon, a global leader in payment processing, elects Jeff Davidson to their Retention Advisory Committee. The objective of the advisory board is to help Elavon identify and implement best practices to improve the customer experience and reduce attrition. “Velocity’s attrition rate is 92% lower than the industry average and I am confident that my involvement will have a profound impact in helping Elavon retain merchants across their organizational channels”, said Jeff Davidson, Co-Founder and CEO of Velocity Processing.

08/27/2013     Velocity Vice President, Dayana Muzinek, Elected to Judicial Grievance Committee

The Florida Bar has elected Dayana Muzinek to the Judicial Grievance Committee “11N”. The committee is made up of volunteer members, at least one-third of whom are not lawyers. The objective of the committee is to decide, after a case has been submitted to them by bar counsel, whether there is probable cause to believe a lawyer violated the professional conduct rules imposed by the Supreme Court of Florida and whether discipline against the lawyer appears to be warranted.

08/06/2013     Velocity Completes Website Redesign

Velocity Processing launched their redesigned website today. The new site is tailored to providing illustrations of the sophisticated analytical tools utilized to perform comprehensive reviews and the value propositions delivered. “Our website is unlike any other in the industry”, said Edward Steinberg, Co-Founder and Chairman of Velocity Processing.

04/28/2013     Velocity Celebrates 5 Year Anniversary 

Velocity Processing reached a milestone today with their fifth anniversary. The company now processes hundreds of millions of dollars in electronic payments with millions of transactions authorized and settled annually. “Eddie [Steinberg] was right; I thought it would take two decades to reach these levels. Amazingly, this is just the beginning”, said Jeff Davidson, Co-Founder and CEO of Velocity Processing.

2012

11/08/2012     Velocity Wins Prestigious Award at 2012 Elavon MSP Conference

ISOs from around the country gathered for the 2012 MSP Conference in Las Vegas, The four-day conference kicked off with the awards ceremony where Velocity Processing was recognized as the second fastest growing ISO in the Southeast United States.

10/22/2012     Velocity CEO, Jeff Davidson, Elected to Fidano’s Technical Advisory Board

Fidano, an organization that provides workflow management software services, elects Jeff Davidson to their technical advisory board. Jeff’s focus will be to assist in the development and enhancements to Fidano’s flagship toolset, PulsePoint.

07/11/2012     Velocity Implements PulsePoint

Velocity Processing implemented PulsePoint, an advanced workflow management system. PulsePoint fully integrates referral management, the sales pipeline, and operations into one sophisticated CRM.

03/12/2012     Velocity CEO, Jeff Davidson, Elected to Elavon’s MSP Advisory Committee

Elavon, a global leader in payment processing, elects Jeff Davidson to their MSP Advisory Committee. “It is an honor to have my peers elect me to this elite committee and to be in the company of the top MSP offices from around the country”, said Jeff Davidson, Co-Founder and CEO of Velocity Processing.

01/04/2012     Velocity Offers American Express One Point Program

Expanding on its value added solutions, Velocity Processing now offers merchants the ability to utilize the American Express One Point program. Under this arrangement, American Express transactions will be authorized and settled with Visa, MasterCard, and Discover transactions, resulting in one deposit and one merchant statement for all card types.

 

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