United States Q2 Tender

Q2 Holdings Inc. a leading provider of digital transformation solutions for banking and lending announced its partnership with Socure to deliver best-in-class digital identity verification and fraud protection capabilities through Q2 Opens CorePro an agile cloud-based core processor and system of record.According to a recent survey published by Q2 and Cornerstone Advisors 43 percent of respondents listed easy account setup as a top reason to adopt fintech solutions. By integrating with Socures AI-based Know Your Customer KYC identity risk scoring CorePro users will eliminate tedious out-of-wallet questions simplify onboarding processes and grow the number of overall new accounts opened while increasing protection against identity fraud.At Q2 we are continually evolving our banking-as-a-service solutions to enable banks and fintechs to quickly develop and deploy best-in-class digital financial experiences said Paul Walker general manager of Q2 Open. Our partnership with Socure reinforces our commitment to provide secure and agile solutions to banks and fintechs and to offer better identity verification and fraud protection that enables a truly frictionless customer onboarding process.CorePro is a modern and cost-effective core-processing platform that enables flexible digital solutions such as demand deposit accounts debit accounts and direct banking. With Socure CorePro will empower banks and fintechs with faster more accurate identity verification decisions to create a more streamlined and inclusive financial experience for a broader base of customers. Instead of relying on credit bureau data which inherently excludes those who lack sufficient credit or do not have access to traditional financial services Socure uses a combination of online and offline data to create a more complete footprint of a consumers digital identity.Socure is thrilled to partner with the Q2 team said Johnny Ayers founder and SVP of Socure. By integrating Socures predictive analytics platform into CorePros banking-as-a-service capabilities we believe that together we can drive the future of digital account opening across the fintech and broader financial services industries.Socures solutions continue to displace legacy identity verification systems across the U.S. where accuracy automation and speed are critical. Customers include three of the top five U.S. banks seven of the top 10 U.S. card issuers as well as the majority of leading digital banks lenders and insurers across the U.S.