Market Overview

Velocity Solutions Creates the Industry's Most Robust Overdraft Management Solution with the Acquisition of BSG's CourtesyConnect®/CourtesyLimit™ Cloud-Based Software

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Velocity Solutions, LLC, the leading provider of revenue enhancement
solutions to regional and community financial institutions, through a
subsidiary, has completed the acquisition of
CourtesyConnect®/CourtesyLimit™, the automated overdraft management
system provided by CourtesyCloud Management Solutions, LLC, a BSG
Financial Group™ company.

CourtesyConnect® is the industry's first cloud-based courtesy overdraft
management system. The software and processes allow financial
institutions of all sizes to automate their overdraft service and manage
it as a line of business – for enhanced account holder experience,
compliance and revenue. CourtesyLimit™ is the risk management component
of the system. It provides innovative data analysis capabilities to
create dynamic overdraft limits tailored to an individual's repayment
capacity.

"This acquisition establishes Velocity Solutions as the industry's
unrivaled leader in automated overdraft management solutions using
dynamic limits," said Christopher Leonard, CEO of Velocity Solutions.
"The addition of CourtesyConnect®/CourtesyLimit™ to our existing product
suite creates the industry's most powerful overdraft management product
set. This acquisition allows us to provide our overdraft solutions to a
broader base of financial institutions, including those who are seeking
a cloud-based solution." Leonard continued, "we are better equipped than
ever to help financial institutions of all sizes achieve the optimal
balance of revenue, service and compliance–the three essential pillars
of a complete and proactive overdraft management system."

"Velocity Solutions is a seasoned veteran in the overdraft space. For
years, we've coexisted in the industry as peers, with very similar goals
of offering compliant and consumer-centric solutions, developing
consultative relationships with our clients, and continuous innovation
of our software, systems and processes," said W. Barrett Nichols,
Founder and Chief Executive Officer of BSG Financial Group. "This
acquisition creates the opportunity to provide enhanced overdraft
product offerings and unrivaled service to our combined client base, as
well as to prospective financial institutions. With Velocity's existing
suite of products, strong leadership team, and focus on responsible
solutions using innovative technology, they are well-positioned to
leverage the acquisition of CourtesyConnect®/CourtesyLimit™ to solidify
their position as the industry's leading overdraft management provider."

For more information, please contact Velocity Solutions at info@myvelocity.com.

About Velocity Solutions, LLC

Velocity Solutions is the leading provider of digital 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, Velocity has unparalleled
expertise and insight into deposit account activity and transactional
trends. Velocity's solutions are designed to automate overdraft
services, drive new profitable accounts, provide digital consumer and
business lending platforms, generate new non-interest income, and
address regulatory scrutiny. For more information, please visit www.myvelocity.com.

About BSG Financial Group

Louisville, Kentucky-based BSG Financial Group is a group of
independently organized companies that provides revenue-enhancement and
compliance solutions for financial institutions nationwide. BSG
Financial Group has been a provider of innovative overdraft programs
since 1999, including the industry's first cloud-based overdraft
management solution, CourtesyConnect®/CourtesyLimit™. The company's
additional revenue-enhancing solutions include: Fee-Based Packaged
Checking Accounts; Digital Lending Solutions; Vendor Management; Social
Media Management; and CD Pricing and Selling Strategies.

BSG Financial Group includes the following companies: CourtesyCloud
Management Solutions, LLC; BSG Financial, LLC; and IQ Development, LLC.
For more information about the company, visit www.bsgfinancial.com.

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