First Pacific Bank has selected Q2 Holdings, a provider of digital transformation solutions for financial services, to expand and strengthen its commercial banking capabilities.
Under the collaboration, the bank will implement Q2’s unified digital banking platform, which supports retail, small business, and commercial banking.
With the Q2 platform, First Pacific Bank will provide its customers with a quick and feature-rich user experience, including high-volume wire origination.
The bank will also use the platform to power its integrations with services like Zelle and FedNow, and advanced fraud protection through a layered security strategy.
First Pacific Bank said the collaboration will allow it to better serve its existing clients while attracting new ones.
First Pacific Bank chief operating officer Tony DiVita said: “As a Southern California-based business bank, our commitment to our clients and the communities we serve is at the core of everything we do.
“By continually evolving and expanding our product offerings, we’re able to meet the growing needs of our commercial banking clients.
“Our partnership with Q2 strengthens our position as a leading community bank and we look forward to offering our customers a full suite of cutting-edge solutions.”
First Pacific Bank was established in 2006 as Friendly Hills Bank and rebranded in 2022.
The community bank serves small business and commercial clients in Southern California.
In addition to providing advanced technology, First Pacific Bank intends to use Q2’s solutions to enhance its backend operations and simplify processes.
Q2 is a provider of digital transformation solutions for financial services, serving banks, credit unions, alternative finance companies, and fintechs in the US and abroad.
The company empowers financial institutions and fintechs to provide complete, data-driven digital engagement solutions for customers, small businesses, and corporate clients.
Q2 product management VP Anthony Ianniciello said: “The landscape has evolved for businesses and corporations selecting new banking relationships, with technology taking centre stage.
“At Q2, we are committed to helping high-quality banks like First Pacific Bank stand out in fiercely competitive markets through the latest, most robust technology.
“We look forward to helping First Pacific Bank continue to grow and meet the evolving needs of its clients through an innovation-first strategy.”
Last month, Q2 expanded its collaboration with Amazon Web Services (AWS) to expedite banking innovation for banks, credit unions, and fintech companies.
Recently, Extole, a customer-led growth platform in referral marketing, announced an integration with Q2’s Digital Banking Platform, through the Q2 Partner Accelerator Program.
