Unlock Growth by Harnessing the Power of Digital Lending

Summary: Today's consumers expect immediate and frictionless experiences, including instant loan decisioning. Scott P. Young, SVP of Emerging Services for Velera, discusses the market expectations and opportunities around consumer loans, and how credit unions can win member share and stay competitive in today's digital focused world.

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Author: Scott P. Young oversees the Innovation and Emerging Services Team at Velera. With over twenty-five years of experience in payments, Scott started his career at First Data in Omaha before moving to Pentagon Federal Credit Union (PenFed) and more recently, Bank-Fund Staff Federal Credit Union before joining Velera in late 2019. A passionate advocate for the credit union movement, Scott is also a leader in Diversity, Equity and Inclusion (DEI) efforts at Velera and across the industry.

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