Western Independent Bankers Selects Q2 as Preferred Vendor for Virtual Banking Solutions – Sep 23 2013
Today Western Independent Bankers (WIB), a regional trade association that informs, educates and connects community banks with the resources and services needed to achieve their goals, announced its strategic partnership with Q2, the leading provider of enterprise solutions for secure virtual banking. The endorsement places the Q2platform in front of WIB’s 200 community banks across 13 Western states. The addition of a virtual banking partnership provides WIB members with continued value and relevance among their existing customers, while providing them with opportunities to attract new ones.
“With 18 of our WIB member banks already using the Q2platform, including Pacific Western Bank, AmericanWest Bank and ANB Bank, it was clear to us that partnering with Q2 was the natural choice,” said Julianna Graham, president of subsidiary WIB Service Corporation. “After reviewing multiple vendors, it was clear Q2’s anytime, anywhere, any device capabilities meant our partnership would deliver a key competitive advantage to our banks. Their commitment to mobile solutions means leading banks in our association will have the ability to compete with the mega-banks and grow their market share.”
“It’s an honor to be endorsed by WIB. We’re aligned in our commitment to growing community banks and look forward to providing powerful, intuitive and engaging virtual banking solutions to their members. Apple, Netflix and Facebook have set a strong precedent for a unified user experience, and consumers believe banking should be no different,” said Matt Flake, CEO of Q2. “We are pleased to offer WIB members the ability to empower mobile commercial and retail banking from a single login, on any device. WIB shares our vision around consumer demand for the convenience of mobile banking and wants to ensure their partners capture this tailwind for growth.”
The Q2platform provides financial institutions with a unified virtual banking platform with the following customer-centric features:
Anytime, Anywhere Access: Account holders never have to worry about bank hours or bank locations. With the new virtual banking platform from Q2, they can manually pay bills online or set up automatic bill payments for even greater convenience from a smart phone, desktop or tablet.
Easy to Use: Account holders can effortlessly check balances, view recent transactions and transfer funds between accounts using a computer or mobile device. Plus, with a few clicks, transferring funds between banks is easier than ever.
Unified Experience: Account holders experience the same look and feel across all channels, including mobile, and they need only one username and password to access all information.
Security: Q2’s sophisticated, multi-layered security solution meets FFIEC security requirements, simplifies operations and reduces expenses. By connecting perimeter intelligence with account holder behavior at every level, the system protects customers and the financial institution from the evolving threat landscape of online theft.
About Western Independent Bankers and WIB Service Corporation
Established in 1937, Western Independent Bankers (WIB) is a trade association that informs, educates and connects community banks with the resources and services to achieve the highest standards of personal and organizational performance. WIB has more than 200 community and independent banks as members in the 13 Western states of Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, Wyoming and the U.S. Territories; and 175 bank service providers. For more information go to www.wib.org. WIB Service Corporation is a wholly owned subsidiary of Western Independent Bankers that provides high-quality, value-added services and products that enhance the competitive advantage of WIB member banks.