Signature Bank, wholly owned by Signature Bancorporation, has partnered with Q2 to enhance its digital banking offerings for commercial and retail customers.
Q2 provides digital transformation solutions for banks, credit unions, alternative finance companies, and fintechs in the US and abroad.
It enables financial institutions to offer comprehensive, data-driven digital engagement solutions for consumers, small businesses, and corporate clients.
The collaboration aims to advance the bank’s digital transformation, providing a seamless experience across all digital channels.
The new platform will enable Signature Bank to offer complex digital banking products, catering to its diverse customer base.
Q2 product management VP Anthony Ianniciello said: “We are thrilled to partner with Signature Bank to help enrich the digital experience for their customers.
“Signature Bank has built a reputation as a commercial bank that focuses heavily on service and relationships, and their customers value the personal, high-touch approach to banking.
“We are excited to enable them to extend this commitment to their customers through a personalised digital banking experience.”
Q2’s Digital Banking Platform includes the Q2 Innovation Studio, which allows Signature Bank to collaborate with fintech partners, enhancing customer engagement.
The platform also offers advanced solutions for monitoring, detecting, and combating fraud through tools like Q2 Sentinel and Q2 Centrix Exact/TMS.
Founded in 2006, Signature Bank is an independently owned commercial bank based in Illinois, specialising in middle-market business banking.
It serves the aviation, legal, manufacturing, medical, and professional services industries.
Signature Bank senior vice president Penny Foust said: “We really needed a ubiquitous, device-agnostic platform to deliver a consistent, 360-degree experience.
“Right out of the gate, Q2 rose to the top. We were very impressed with Q2’s innovation and high-touch service, which mirrors our own. Having Q2 as a partner enables us to deliver the top technology available and compete with the big banks.”
Last month, Ninth Wave announced an integration with Q2’s Digital Banking Platform, under the Q2 Partner Accelerator Programme.
