United Texas Bank to deploy Q2ebanking platform

Source: Q2ebanking

Q2ebanking (Q2), the leading provider of enterprise solutions for secure virtual banking, today announced that Dallas-based United Texas Bank has selected its platform to provide a unified ebanking experience for its growing base of retail and business customers.

With the implementation of Q2platform, United Texas Bank will empower customers to engage with its world-class virtual branch anytime, anywhere, on any device.

"As an independent, we know Dallas' growing business sector and ultra-connected consumers require freedom and flexibility in their banking. That's why providing the best virtual branch experience isn't a 'nice to have', it's essential," said Jarrod Beck, CEO of United Texas Bank. "After a thorough review of our options, it became clear that Q2platform allows us to realize our growth potential and compete toe-to-toe with any other small or large financial institution in our market—by offering our customers the first-class experience they expect and deserve."

Q2's offering is optimized for extensive retail banking capabilities as well as the robust demands of commercial banking customers—making it the ideal partner for United Texas Bank, which proudly serves Fortune 500 companies as well as a rapidly growing portfolio of local small and medium businesses. Q2 makes it easier than ever for commercial banking customers to manage both their personal and business accounts with a single secure login.

"The Dallas market is a center for innovative people. They are increasingly mobile, and they expect to stay connected at every turn—virtual banking is a huge part of that," said Matt Flake, CEO and President of Q2ebanking. "By converting to the Q2 platform, United Texas Bank will move its account holders toward a unified banking experience that looks and feels great on a smartphone, tablet and web browser. Both retail and commercial users can access their accounts with ease, using a single login on any device from any location. That is the definition of connected."

"When I recently took on the role of CFO at United Texas Bank, we gathered to determine who would be the right ebanking partner. I immediately called Q2," said Josh Bruton, CFO of United Texas Bank. "I had been following the company for years and had enormous confidence in their implementation team and the outcome they could provide. I'm looking forward to launching our new virtual banking capabilities in late Fall 2013 and have no doubt this will be a home run for our business and our customers."

Q2ebanking is a fast-growing technology company focused on continued expansion and innovation. It received $20 million in Series C financing in March of 2013, led by Battery Ventures with continued support from Adams Street Partners. The company enlarged its footprint among community and regional institutions, including United Texas Bank, by about 25 percent, and now has more than 70 clients with assets exceeding $1 billion.

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