How they describe themselves: Q2 provides digital banking software to financial services providers. We offer an enterprise digital banking platform to banks and credit unions, built on integrations with more than 200 legacy banking systems for core processing, bill pay, remote deposit capture, and more. Today, that platform serves 385 financial institutions and nearly 9 million users. Q2 recently launched Q2 Open, a portfolio of API-based financial services for deposits and card payments. Q2 Open provides a cost effective, flexible way for financial services providers to design, test, and deploy their own front-end financial services experiences. It is currently in use with traditional financial institutions, fintech companies, and major brands.
How they describe their product/innovation: Q2 CardSwap is designed to help financial services providers grow interchange revenue. It makes it easy for account holders to use their financial institution card for some of the most popular – and lucrative – subscription and digital, point-of-sale services like Netflix, Amazon, Uber, and others. In a single workflow, account holders enter their card information and authenticate to their favorite services once, and their financial institution’s card is applied as the default payment method for those services. CardSwap can be integrated with virtually any existing front-end product or platform, or development-capable organizations can build their own CardSwap front end using the APIs within the newly announced Q2 Open API portfolio.
Product distribution strategy: Direct to Business (B2B)
Bus. Dev.: Paul Walker, SVP of Corporate Development, email@example.com
Press: Emma Chase, Account Executive, firstname.lastname@example.org
Sales: Jordan Wright, Director of Business Development, email@example.com