Courtesy of a new partnership between Q2 and Easy Solutions, more than 340 financial institutions will now have access to a suite of omni-channel fraud prevention solutions.
Integrating Easy Solutions’ Total Fraud Protection Platform will give banks and credit unions are Q2’s virtual banking technology additional protection against attacks including phishing, farming, malware, Man-in-the-Middle and Main-in-the-Browser.
Jay McLaughlin, chief security officer and senior VP of Q2 said, “Security and fraud protection are crucial pieces of what customers depend on us to provide.” Added VP of Worldwide Sales at Easy Solutions, Alberto Arango, “Q2 is an innovator and has seen impressive growth in acceptance of its platforms, delivering virtual banking to more than 3.5 million retail an commercial users.”
Q2 is an innovator in the field of cloud-based virtual banking. The technology company specializes in providing solutions for community banks, regional banks, and credit unions. the company was most recently in the press announcing a handful of deployments at financial institutions like First Financial Bank and Urban Partnership Bank.
Founded in 2005 and headquartered in Austin, Texas, the company launched an initial public offering in March, and trades on the NASDAQ under the ticker, QTWO. Matthew Flake is CEO.
A few metrics on Q2:
- Revenue growth of 51% in 2013
- Market capitalization of more than $495 million
- Trailing 12-month revenue (as of March 31, 2014) of more than $60 million
Q2 demoed its Risk & Fraud Analytics solution at FinovateSpring 2011 in San Francisco. See the company’s demo here.