MX, the financial data platform and leader in modern connectivity, has announced its integration with Q2 Holdings, Inc. (NYSE: QTWO), a provider of digital transformation solutions for banking and lending, via Q2’s Partner Accelerator Program, which is reportedly a part of Q2 Innovation Studio.
Via the integration, MX is providing guided financial insights with MXinsights and MXwellness within Q2’s virtual banking solution, giving customers the option to offer clients with personalized financial guidance “based on their spending, saving, and borrowing behaviors and a clear path to financial stability and growth,” according to a release.
Adam Blue, CTO at Q2, stated:
“The financial industry at large is faced with an overwhelming need to innovate faster and deliver differentiated offerings quickly, to keep up with the changing expectations of their account holders. Banks, credit unions, and fintechs all have big ideas. They want to deliver new personalized product offerings, but the only legacy model for innovation is broken and ineffective—it simply takes too long and costs too much. The Q2 Platform with Innovation Studio empowers companies to control their innovation roadmap and deliver new applications, services, and experiences faster.”
The Q2 Partner Accelerator program enables in-demand financial services firms who are leveraging the Q2 Innovation Studio to “pre-integrate their technology to the Q2 Digital Banking platform.” Financial institutions can “work with these partners to purchase their solutions and rapidly deploy the standardized integrations to their customers,” the update explained.
Don Parker, EVP of Partnerships, MX, remarked:
“MX and Q2 have a long-standing relationship focused on innovation that goes back nearly a decade. We are excited and anticipate that our nearly 300 joint clients will benefit from these offerings, which will be followed by other game-changing products available in the Q2 Partner Accelerator Program in the months and years to come.”
MX assists organizations everywhere with connecting to financial data and “turn raw, unstructured data into their most valuable asset to deliver intelligent and personalized money experiences.”
As noted in the release, Q2 is a financial experience firm focused on offering virtual banking and lending solutions “to banks, credit unions, alternative finance, and fintech companies in the U.S. and internationally.”
With comprehensive end-to-end solution sets, Q2 “enables its partners to provide cohesive, secure, data-driven experiences to every account holder – from consumer to small business and corporate.” Headquartered in Austin, Texas, Q2 has offices throughout the world and is “publicly traded on the NYSE under the stock symbol QTWO.”
As covered, MX helps organizations connect to “the world’s financial data and turn raw, unstructured data into their most valuable asset to deliver intelligent and personalized money experiences.”
MX connects over 16,000 financial institutions and Fintech firms “providing the industry’s most reliable and secure data connectivity network.” MX powers 85% of digital banking providers, along with thousands of banks, credit unions, and Fintechs, “with a combined reach of over 200 million consumers.”