Austin, Texas-based Amplify Federal Credit Union has reportedly selected Q2 software's single platform for online banking, voice banking and mobile banking.

 

Q2 Software, Inc. is a privately-owned and customer-owned technology company enabling financial institutions with electronic banking software and services. Officials at Q2 said its electronic banking has been redefined with new technology including alerts, payment approvals and multi-factor authorizations fully integrated within online, voice and mobile banking.

 

Pierre Cardenas, Amplify's senior vice president of retail, said that the company sought a solution that embodied a holistic approach to electronic banking and chose a partner that was innovative and less traditional.

 

“We're going to redefine our organization in the spring, and Q2 is behind the replication of Amplify's face-to-face member experience onto the Web," Cardenas said in a statement.

 

Q2’s banking platform will help Amplify Federal Credit Union manage its Web site presence professionally, simply, and cost effectively. Also, the integration into a single electronic banking platform will help the Credit Union provide customers with a common experience across all three channels including available balances, real-time fund transfers and synchronized information reporting.

 

Matt Flake, president of Q2 Software, said the firm’s mission is to strengthen local economies, businesses and customers by helping to build strong and vital financial institutions that serve local communities all across the U.S. And these institutions need access to the best solutions and technology available in order to accomplish the goal.

 

"By selecting Q2's electronic banking platform, Amplify will be well positioned to compete with the country's largest financial institutions," Flake said in a statement

 

Cardenas further said, "Many of our members have growing businesses and because Amplify did not have the ability to service them like a mega bank, they would bank elsewhere for their cash management needs and simply retain their personal accounts with us. With Q2's electronic banking platform, we can now execute on our business strategy and serve our members with the commercial functionality required in this growing market."

 

Q2 solution operates on a Microsoft (News - Alert).Net®-based platform that offers flexible deployment options for online, voice, and mobile banking applications.

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