Q2
Holdings, Inc. (NYSE:QTWO), a leading provider of digital
transformation solutions for banking and lending, today announced it is
the recipient of a NAFCU Services 2019 Innovation Award for Q2 Gro, a
digital sales and marketing platform for financial institutions.
Recognizing groundbreaking solutions that enable credit unions to thrive
and compete in a complex marketplace, the Innovation Awards are the
highest distinction offered through the NAFCU Services Preferred Partner
program. The annual awards honor those that consistently demonstrate
commitment to bringing new, unique and valued products that are
continually improving the industry for credit unions.
“Competition for deposits and customers is more intense than ever, and
financial institutions are seeking new ways to grow deposits and
customer relationships,” said David Eads, VP of sales for Q2 Gro. “Q2
Gro helps FIs provide a great first impression in their digital channel,
letting banks and credit unions use modern digital marketing techniques
to grow faster than ever before – and do it more efficiently. It helps
level the playing field so community institutions can compete and win
against the big banks.”
Acquired by Q2 in December 2018, Q2 Gro applies best practices in
e-commerce to financial experiences to drive growth at every stage of
the end user’s financial journey. With its intuitive mobile-first
account opening capabilities, financial institutions can reduce
abandonment by up to 70 percent and significantly shorten the
application process to attract and acquire more customers and deposits.
Q2 Gro provides credit unions and other financial institutions with
large-scale marketing tactics and streamlined user experiences that
allow customers to open a new account in minutes.
“Innovative and effective solutions like Q2 Gro are helping credit
unions thrive in today’s ever-changing competitive market,” said Randy
Salser, president at NAFCU Services. “Selected by a prominent committee
of industry leaders, the Innovation Awards are a great indication of
Q2’s continued contributions to the industry.”
For more information about Q2 and Q2 Gro, visit www.q2ebanking.com.
About Q2 Holdings, Inc.
Q2 is a secure, cloud-based digital transformation solutions company
headquartered in Austin, Texas. Since 2004, it has been our mission to
build stronger communities by strengthening their financial
institutions. Our digital banking solutions for deposits, money
movement, lending, leasing, security and fraud enable financial
institutions to deliver a better financial experience to their account
holders. Our bank and credit union customers, along with emerging
financial services providers, also benefit from actionable data
analytics and access to open technology tools. To learn more about Q2,
visit www.q2ebanking.com.
About NAFCU Services Corporation
NAFCU Services is a wholly-owned subsidiary of the National Association
of Federally-Insured Credit Unions (NAFCU). They connect
forward-thinking credit unions to the best business partners. NAFCU
Services’ Preferred Partners have supported credit union success in
technology, security, risk management, and many other areas of business
for more than 40 years. Companies go through a rigorous vetting process
before becoming a Preferred Partner, so credit union leaders know the
solutions are trustworthy. For more information, visit nafcu.org/nafcuservices and
connect on Twitter @NAFCUServices.
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