Q2 has added Andera's oFlows platform, a 100% paperless solution for deposit and loan account origination, to its ebanking platform, providing a more interactive tablet, online and mobile experience for financial institutions to deliver anytime, anywhere, any device banking.

"Combining the features and benefits of Q2's unified platform with oFlows' account opening and lending platform further advances the capabilities and conveniences of virtual banking," said Matt Flake, CEO and President of Q2. "While the idea of the virtual branch has been discussed as an ideal for years, Q2 is making it a reality for our clients; we're able to do so with smart, forward-thinking partnerships like the one we have forged with Andera."

In addition to enhancing consumer value, oFlows is optimized to work with tablet devices, either within the branch or out in the field, improving branch representative interactions with account holders. The ability to open accounts, originate loans and sign documents electronically eliminates the need for paper and further ensures the security of consumers' sensitive financial information.

Andera CEO, Charlie Kroll, added, "We are excited to partner with Q2 to make it easier than ever for account holders to apply for deposit accounts and personal loans either in branches or on their own. Andera and Q2 have a common vision and understand the true impact mobile and virtual branch banking will have on the future of financial services."

The oFlows application interface works well with Q2platform because it automatically adjusts to provide the best user experience, whether applicants are using a PC, Mac, smartphone or tablet device. oFlows also improves cross-sell success rates because it allows financial institutions to present tailored offers during the application process based on qualification criteria that each institution defines.
Q2 and Andera both have a history of innovation and leadership in banking technology. According to Jimim Bruene, founder of the Finovate Conference series, "Virtual branch capabilities are rapidly expanding and banks that integrate them wisely will be sought after by the growing population of ultra-connected consumers. That's why the partnership between Andera and Q2 is a wise one; it allows financial institutions to deliver on the account holder's expectations to transact from whichever device and location they prefer."