Ten of Heartland Financial USA’s banks have implemented the online banking platform developed by Q2 Holdings according to an announcement Tuesday morning.
The implementation of the Q2platform took place over the five months between April and August. Matt Flake, Q2 CEO and president, said, “Everyone at Heartland has an outstanding commitment to simplifying the online banking process and creating a seamless user experience for account holders.”
A full list of the banks that have deployed the technology is below:
- Arizona Bank & Trust
- Dubuque Bank and Trust Company
- Galena State Bank & Trust Co.
- The Morrill & Janes Bank and Trust Company
- Minnesota Bank & Trust
- New Mexico Bank & Trust
- Riverside Community Bank
- Rocky Mountain Bank
- Summit Bank & Trust
- Wisconsin Bank & Trust
An innovator in the field of cloud-based, virtual banking, Q2’s solutions are particularly sought after by community banks, regional banks, and credit unions looking to provide new mobile and online services to their customers while keeping costs low. Q2 was recently in the news, announcing partnerships with Easy Solutions in July, and First Financial Bank in June. The company went public in March, trades under the ticker symbol “QTWO” on the New York Stock Exchange, and is currently valued at $500 million.
Founded in 2005 and based in Austin, Texas, Q2 demoed its Risk and Fraud Analytics technology as part of FinovateSpring 2011 in San Francisco. See the company’s presentation here.