Q2 wins NAFCU Services Innovation Award for groundbreaking data analytics platform

AUSTIN, Texas (June 14, 2017) — Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of secure, cloud-based digital banking solutions for community-focused financial institutions, announced today the receipt of the 2017 Innovation Award from NAFCU Services for Q2 SMART, a targeting and messaging platform that empowers FIs to unlock actionable customer insights and engage account holders at unprecedented levels using cutting edge behavioral analytics and machine learning technology.

The Innovation Award is the credit union industry’s most recognized awards competition for groundbreaking solutions. The annual competition highlights outstanding innovations that help credit unions thrive in an increasingly saturated financial services market. Q2 was selected for its Q2 SMART solution that advances the credit union industry.

“We are honored to receive an Innovation Award from NAFCU for the implementation of Q2 SMART,” said Matt Flake, CEO of Q2. “Q2 remains at the forefront of banking innovation, and Q2 SMART is a crucial tool for credit unions to deploy to unleash the power of their members’ data. What was once a mountain of untapped customer data is now the key to more meaningful conversations and growth with members.”

Built from the ground up by Q2 data scientists, Q2 SMART utilizes machine learning and unique statistical analysis to identify behavioral “traits” that help FIs anticipate customers’ needs and engage customers with better, more fitting product recommendations.

“An esteemed panel of judges chose Q2 SMART for its measurable impact on the credit union industry,” said Randy Salser, president of NAFCU Services. “This Innovation Award is yet another example of why innovative credit unions are choosing to partner with Q2.”

Dan Berger, NAFCU president and CEO, honored Q2 during the general session at NAFCU’s Annual Conference and Solutions Expo. For more information on the Innovation Awards, visit www.nafcu.org/innovationawards.

For more information on Q2 and Q2 SMART, visit www.q2ebanking.com.

About Q2 Holdings, Inc.
Q2 Holdings, Inc. (Q2) is a leading provider of secure, cloud-based digital banking solutions headquartered in Austin, Texas. Q2 is driven by a culture of partnership and dedication to empowering community-focused banks and credit unions with digital banking solutions that help them stand apart, scale smart and grow beyond with retail and commercial account holders. Q2’s solutions are designed to deliver a compelling, secure and consistent user experience on any device and enable customers to improve account holder retention and to create incremental sales opportunities. To learn more about Q2, visit www.q2ebanking.com.

About the NAFCU Services Innovation Awards:
NAFCU Services Corporation is a wholly-owned subsidiary of the National Association of Federally-Insured Credit Unions (NAFCU). NAFCU Services exists to connect innovative credit unions to the best industry partners. Our Preferred Partner Program has been supporting credit union success for over 40 years. Credit unions rely on NAFCU Services and our Preferred Partners for superior solutions in areas such as technology, security, risk management, operations, insurance, payments, and more. Combined, our partners’ products serve virtually 100% of all credit unions. NAFCU Services selects only those companies that are highly qualified industry leaders, so that credit unions gain access to a vetted portfolio of providers they can trust. For more information, visit www.nafcu.org/nafcuservices and follow on Twitter.

Q2 announces Q2 Open, a modern API portfolio powering next-generation financial services

AUSTIN, Texas (June 13, 2017) — Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of secure, cloud-based digital banking solutions for community-focused financial institutions (FIs), announced today the launch of Q2 Open, a new portfolio of open API financial services.

Any organization looking to provide financial services-financial institutions, fintech companies and leading brands-can utilize Q2 Open to develop and enhance their own financial apps and tools.

“Our mission is to strengthen financial institutions, and as our industry evolves, our clients need new ways to deliver innovative financial services,” said Matt Flake, CEO of Q2. “Q2 Open is designed to make it easier, faster and more cost-effective to develop digital financial tools and represents meaningful opportunities for financial institutions and fintechs to partner and drive new growth.”

Q2 Open is comprised of four services consumed through open APIs, which allow development-capable organizations to build front-end interfaces and experiences on top of Q2 Open’s existing technology infrastructure.

Services include:

  • Q2 Debit, which enables federally insured checking account creation into applications and offers branded debit cards integrated into Visa or MasterCard rails.
  • Q2 Save, which offers fully functional, compliant and cost-effective savings accounts with account and routing numbers inside an application.
  • Q2 Ledger, which provides ledgering functionality for “For the Benefit Of” (FBO) accounts-an alternative to traditional checking and savings accounts.
  • Q2 Biller Direct, which aggregates users’ bills and payments into a single view, enabling bill presentment, aggregation and bill pay functionality into their applications.

Q2 Open is already powering several fintech brands and apps, including Qapital-a leading savings app featured in The New York Times, Fast Company, Wired, Forbes and more. Today, Qapital uses Q2’s APIs for its goal-based savings app, which serves more than 300,000 users.

“We’ve been impressed by Q2 and the Open portfolio,” said George Friedman, CEO of Qapital. “Our young audience expects us to be on the cutting edge of digital banking innovation. The Q2 Open APIs enable our team of creators, designers and developers to rapidly deliver new features in our app-allowing us to build a product that our customers really love.”

Qapital recently expanded and extended its relationship to further leverage the Q2 Open portfolio, and will use Q2’s open APIs to deploy new cornerstone features—including a Qapital debit card—in the coming months.

The Q2 Open portfolio has been developed and released by Q2 Labs, an innovation-focused team within Q2. For more information, inquiries and opportunities regarding Q2 Open, please visit www.Q2ebanking.com/api.

About Q2 Holdings, Inc.
Q2 Holdings, Inc. (Q2) is a leading provider of secure, cloud-based digital banking solutions headquartered in Austin, Texas. Q2 is driven by a culture of partnership and dedication to empowering community-focused banks and credit unions with digital banking solutions that help them stand apart, scale smart and grow beyond with retail and commercial account holders. Q2’s solutions are designed to deliver a compelling, secure and consistent user experience on any device and enable customers to improve account holder retention and to create incremental sales opportunities. To learn more about Q2, visit www.q2ebanking.com.

About Qapital
Qapital is the leading personal finance app committed to helping everyday people achieve their goals. Founded in 2012 by George Friedman and Erik Akterin, the platform leverages behavioral economics to bridge the gap between intention and action when it comes to money management by making saving as seamless and enjoyable as spending. The app’s goal-driven approach encourages users to save for things they aspire for, like a vacation, wedding, or down payment on a home, by turning everyday habits and guilty pleasures into opportunities to save — without even thinking about it. Qapital is also the only personal finance app that employs IFTTT (If This Then That) technology, allowing users save money by using their favorite apps, such as posting a photo to Instagram or reaching a target on Fitbit. Based in New York and Stockholm, Qapital is funded by investors including Northzone, Industrifonden, Anthemis Exponential Ventures, Rocketship VC, and Entrée Capital.

Q2 Holdings bolsters board of directors with Spredfast CFO Lynn Atchison

Atchison brings more than 30 years of software and technology management experience to Q2’s board

AUSTIN, Texas (April 20, 2017) —Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of secure, cloud-based digital banking solutions for community-focused financial institutions, announced today the addition of Lynn Atchison, CFO of Spredfast, Inc., to its board of directors.

Atchison currently serves as chief financial officer of Spredfast, Inc., a social marketing software provider, which she joined in February 2017. Prior to Spredfast, Atchison served as the chief financial officer of HomeAway, Inc., a provider of online vacation rental services, from August 2006 until March 2016 shortly after it was acquired by Expedia, Inc.

“Lynn’s extensive expertise in the technology and finance space makes her an invaluable asset to our board of directors,” said Matt Flake, CEO of Q2. “The experience, knowledge and leadership she brings to the table are integral to the company’s culture and growth and we’re excited to welcome her to the team.”

“I’ve dedicated my career to helping companies of all sizes expand, innovate and reach their greatest potentials, and I’m excited to bring that same dedication to Q2’s board,” said Atchison. “I look forward to joining with Q2 leadership to continue serving communities across the nation through Q2’s unique digital banking solutions.”

Atchison serves on the Austin Technology Council board of directors, is a founding member of Women@Austin and was awarded the Austin Business Journal Profiles in Power distinction in 2015. She will be the ninth member of the Q2 board of directors, joining Hank Seale, Matt Flake, Michael Brown, Jeffrey Diehl, Chuck Doyle, Michael Maples Sr., Jim Offerdahl and Jim Schaper.

For more information on Q2, visit www.q2ebanking.com.

About Q2 Holdings, Inc.
Q2 Holdings, Inc. (Q2) is a leading provider of secure, cloud-based digital banking solutions headquartered in Austin, Texas. Q2 is driven by a culture of partnership and dedication to empowering community-focused banks and credit unions with digital banking solutions that help them stand apart, scale smart and grow beyond with retail and commercial account holders. Q2’s solutions are designed to deliver a compelling, secure and consistent user experience on any device and enable customers to improve account holder retention and to create incremental sales opportunities. To learn more about Q2, visit www.q2ebanking.com.

Q2 streamlines ACH reporting with unique automated reporting module

CentrixPIQS launches automated reporting module to eliminate manual reporting for FIs

AUSTIN, Texas (March 29, 2017) – Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of secure, cloud-based digital banking solutions for community-focused financial institutions (FIs), announced today the launch of its CentrixPIQS Automated Reporting Module.

Centrix Solutions, a Q2 company, provides customers with industry-leading reporting and risk management capabilities through the Centrix Payments I.Q. System (CentrixPIQS). FIs can utilize CentrixPIQS to simplify audit compliance and facilitate the review of ACH originators. By adding the Automated Reporting Module, FIs can automate the production of ACH activity reports, reducing the effort and time needed to monitor vital ACH indicators.

“Manually producing ACH reports for audit purposes or board reporting can be time-intensive and inconsistent,” said Brian Koenig, product owner at Centrix Solutions. “Now users can have their ACH reports automatically waiting for them when they’re needed, cutting reporting periods significantly, and ensuring consistency by generating reports with the same criteria each time.”

Using the CentrixPIQS Automated Reporting module, FIs can simplify operations by defining reports with parameters such as groups and scheduling, allowing the FI to deliver output reports without human intervention.

“CentrixPIQS is already a valuable ACH management tool for our institution that helps us with our ACH reporting and risk management of our commercial clients,” said Helen May, senior vice president and operations director at the Bank of Tampa. “Automation will make our reporting process more efficient and streamline reports that need to be generated on a recurring basis.”

The CentrixPIQS Automated Reporting Module is available immediately for licensing by existing CentrixPIQS customers. CentrixPIQS’ functionality falls into four main categories: ACH activity reporting, ACH file validation, customer risk review and transaction warehousing.

To learn more about Centrix Solutions and CentrixPIQS, visit www.centrixsolutions.com.

About Q2 Holdings, Inc.
Q2 Holdings, Inc. (Q2) is a leading provider of secure, cloud-based digital banking solutions headquartered in Austin, Texas. Q2 is driven by a culture of partnership and dedication to empowering community-focused banks and credit unions with digital banking solutions that help them stand apart, scale smart and grow beyond with retail and commercial account holders. Q2’s solutions are designed to deliver a compelling, secure and consistent user experience on any device and enable customers to improve account holder retention and to create incremental sales opportunities. To learn more about Q2, visit www.q2ebanking.com.

Q2 leverages machine learning to identify fraudulent activity before a transaction ever occurs

Q2 Patrol analyzes past login behavior and more to detect high-risk non-transactional fraud

AUSTIN, Texas (March 16, 2017) – Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of secure, cloud-based digital banking solutions for community-focused financial institutions, announced today the release of Q2 Patrol, an event-driven validation product designed to mitigate certain high-risk non-transactional fraudulent activity.

Q2 Patrol utilizes behavioral machine learning to identify potentially fraudulent digital banking sessions. It analyzes past login behavior and device details, including IP addresses, geolocation, device type, time stamps and more to create a digital footprint for each end user.

“Attempting to identify fraud using a single-layered security approach is becoming more difficult,” said Bob Michaud, chief security officer at Q2. “Q2 Patrol’s multi-layered, proactive security monitoring enables FIs to better understand their customers’ risk levels while empowering end users to take a bigger role in their account security without sacrificing convenience.”

The added layer of insight provided by Q2 Patrol delivers a better digital banking experience by:

  • Requiring end users to further authenticate a digital banking session if that session is deemed suspect based on abnormal behavioral login and device detail.
  • Providing regular reporting to FIs for regulatory compliance and risk reduction.
  • Supplying session details in the user interface to better involve customers in their own account safety.

Many cases of illegal digital banking activity involve fraudulent sessions before a transaction even occurs. Q2 Patrol prevents fraudsters from executing those preliminary actions-such as changes to security preferences or addresses, updates to user profiles, authorization of external transfers and changes to alert settings-that serve as indicators for a potentially fraudulent transaction. Q2 Patrol then requires the end user to authenticate that action via a token or secure access code.

Q2 Patrol is a member of the Q2 Secure product suite and works in conjunction with but separately from Q2 Sentinel-formerly known as Q2 Risk and Fraud Analytics-which identifies fraudulent transactions in near-real time.

Q2 Patrol is available to all Q2 Platform clients, including those already utilizing Q2 Sentinel. For more information on Q2, visit www.q2ebanking.com.

About Q2 Holdings, Inc.
Q2 Holdings, Inc. (Q2) is a leading provider of secure, cloud-based digital banking solutions headquartered in Austin, Texas. Q2 is driven by a culture of partnership and dedication to empowering community-focused banks and credit unions with digital banking solutions that help them stand apart, scale smart and grow beyond with retail and commercial account holders. Q2’s solutions are designed to deliver a compelling, secure and consistent user experience on any device and enable customers to improve account holder retention and to create incremental sales opportunities. To learn more about Q2, visit www.q2ebanking.com.