TBASCO Endorses Q2 Software, Electronic Banking Provider to Recommend to its Member Banks

May 1, 2009

TBASCO Endorses Q2 Software, Electronic Banking Provider to Recommend to its Member Banks

Q2 Software provides Online Banking, Mobile Banking and Voice Banking on a single platform enabling banks to save money and streamline operations.

AUSTIN, TX, May 1, 2009 – The Texas Bankers Association and its subsidiary, TBA Services Company Inc., announce the endorsement of Austin, Texas-based Q2 Software, Inc.. Q2 Software provides electronic banking software and services, delivering leading-edge technology and unmatched customer service to Community Financial Institutions. A privately-owned and bank-owned technology company, Q2 was founded in 2004 by a group of experienced (3rd generation) technologists involved in deploying some of the first online banking and voice recognition applications dating back to the early 90’s. With 15 + years of lessons learned, Q2 redefined the electronic banking channel by successfully launching Online Banking, Mobile Banking and Voice Banking on a single platform.

“The extensive process of selecting an electronic banking provider to recommend to our member banks,” says TBASCO Executive Vice President Lenelle Freeman, “was made simpler by Q2’s excellent track record. Q2 had been actively selling its electronic banking platform for only four years and has achieved tremendous success and market acceptance. In 2008 Q2 sold software to over 60 new financial institutions, completed 30 core interfaces and resolved 90% of all support tickets/requests within 24 hours. It was no surprise that their bank references were all excellent. Their online, voice and mobile banking applications all reside on a single platform. It was apparent to us how this can save our member banks money and streamline operations.”

Focused on driving innovative technology, Q2’s Electronic Banking operates on a Microsoft.Net®-based platform that offers flexible deployment options for Internet Banking, Mobile Banking and Voice banking applications. Unique “on demand” feature access within a single application enable Q2’s financial institutions to configure products and services to meet the unique requirements of both retail and commercial banking. Additionally, an open “Vendor Integration Framework” allows for the integration of critical third party customer-facing applications for a complete electronic banking experience. Q2’s product development strategy is to empower our customers to compete with the national banks by providing a platform that will allow for rapid feature enhancements as market conditions change.

Hank Seale, CEO and founder of Q2 Software said, “Our objective is to redefine electronic banking and become the preeminent provider of innovative banking software solutions to Community Financial Institutions and enable them to compete with National Banks using state of the art banking technology while driving down costs.”

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