Red River Bank Selects Q2 to Provide a More Modern Digital Banking Experience
Red River Bank has selected Q2 Holdings (NYSE: QTWO) to provide digital banking solutions for its consumer and commercial customers. The Louisiana-based community bank, with $3.0 billion in assets and 28 banking centers, will implement Q2's digital banking platform to deliver a unified experience across mobile and online banking channels. The partnership aims to modernize Red River Bank's digital offerings and launch a new small business commercial service. Q2's single platform solution will enable the bank to compete with larger institutions while maintaining its community focus.
Red River Bank ha selezionato Q2 Holdings (NYSE: QTWO) per fornire soluzioni di banking digitale ai suoi clienti consumer e commerciali. La banca comunitaria con sede in Louisiana, con 3,0 miliardi di dollari in attività e 28 centri bancari, implementerà la piattaforma di banking digitale di Q2 per offrire un'esperienza unificata tra i canali di banking mobile e online. L'obiettivo della partnership è modernizzare le offerte digitali di Red River Bank e lanciare un nuovo servizio commerciale per piccole imprese. La soluzione a piattaforma unica di Q2 permetterà alla banca di competere con istituzioni più grandi, mantenendo al contempo la sua attenzione sulla comunità.
Red River Bank ha seleccionado Q2 Holdings (NYSE: QTWO) para proporcionar soluciones de banca digital a sus clientes de consumo y comerciales. El banco comunitario ubicado en Louisiana, con 3,0 mil millones de dólares en activos y 28 centros bancarios, implementará la plataforma de banca digital de Q2 para ofrecer una experiencia unificada a través de los canales de banca móvil y en línea. La asociación tiene como objetivo modernizar las ofertas digitales de Red River Bank y lanzar un nuevo servicio comercial para pequeñas empresas. La solución de plataforma única de Q2 permitirá al banco competir con instituciones más grandes mientras mantiene su enfoque comunitario.
레드 리버 은행은 소비자 및 상업 고객을 위한 디지털 뱅킹 솔루션을 제공하기 위해 Q2 홀딩스(NYSE: QTWO)를 선정했습니다. 루이지애나에 본사를 둔 이 지역 은행은 30억 달러의 자산과 28개의 은행 지점을 보유하고 있으며, Q2의 디지털 뱅킹 플랫폼을 구현하여 모바일 및 온라인 뱅킹 채널 전반에 걸쳐 통일된 경험을 제공할 예정입니다. 이 파트너십의 목표는 레드 리버 은행의 디지털 서비스를 현대화하고 새로운 소기업 상업 서비스를 출시하는 것입니다. Q2의 단일 플랫폼 솔루션은 은행이 더 큰 기관들과 경쟁할 수 있게 하면서도 지역 사회에 대한 초점을 유지할 수 있도록 합니다.
Red River Bank a sélectionné Q2 Holdings (NYSE: QTWO) pour fournir des solutions de banque numérique à ses clients particuliers et commerciaux. La banque communautaire basée en Louisiane, avec 3,0 milliards de dollars d'actifs et 28 agences bancaires, mettra en œuvre la plateforme de banque numérique de Q2 afin d'offrir une expérience unifiée sur les canaux de banque mobile et en ligne. Ce partenariat vise à moderniser les offres numériques de Red River Bank et à lancer un nouveau service commercial destiné aux petites entreprises. La solution de plateforme unique de Q2 permettra à la banque de rivaliser avec des institutions plus grandes tout en maintenant son engagement envers la communauté.
Red River Bank hat Q2 Holdings (NYSE: QTWO) ausgewählt, um digitale Banking-Lösungen für seine Privat- und Geschäftskunden anzubieten. Die Gemeinschaftsbank mit Sitz in Louisiana, die über 3,0 Milliarden Dollar an Vermögenswerten und 28 Bankfilialen verfügt, wird die digitale Banking-Plattform von Q2 implementieren, um ein einheitliches Erlebnis über mobile und Online-Banking-Kanäle zu bieten. Das Ziel der Partnerschaft ist es, das digitale Angebot der Red River Bank zu modernisieren und einen neuen Geschäftsservice für kleine Unternehmen einzuführen. Die Einzelplattformentwicklung von Q2 wird es der Bank ermöglichen, mit größeren Institutionen zu konkurrieren und gleichzeitig den Fokus auf die Gemeinschaft zu wahren.
- Partnership with established bank having $3.0 billion in assets
- Expansion of Q2's market presence in Louisiana banking sector
- Multi-service implementation including consumer, commercial, and small business solutions
- None.
Insights
The partnership between Q2 and Red River Bank represents a notable business development but has immediate financial impact. Red River Bank, with
The strategic value lies in Q2's ability to serve both consumer and commercial banking needs through a unified platform, particularly targeting the underserved small business segment. This validates Q2's product strategy and could help attract similar regional banks looking to modernize their digital offerings. While not a game-changing contract, it contributes to Q2's growing recurring revenue base and market penetration in the community banking sector.
Q2’s digital banking platform will power Red River Bank’s digital banking transformation and competitive differentiation
Founded in 1999, Red River Bank is a community bank headquartered in
“We put a lot of thought into finding the right digital banking partner,” said Red River Bank’s Chief Innovation Officer Edwin Lagarde. “We were seeking a partner with a proven track record of producing consistent results for the financial institutions it serves. After reviewing the kinds of outcomes Q2 is delivering to its clients, and seeing the Q2 platform demo, we’re confident they’ll help produce the results Red River Bank needs to achieve our goals.
“Q2 checks all the boxes for us. As a community bank, we strive to offer the same experience as our larger competitors. As we expand our footprint, Q2 is the right partner to innovate and grow with us – and a partner we won’t outgrow.”
Q2’s VP of Product Management, Anthony Ianniciello, said, “Having a deep understanding of the way
For more information on Q2’s suite of digital banking solutions, please visit https://www.q2.com/products/digital-banking
About Q2 Holdings, Inc.
Q2 is a leading provider of digital transformation solutions for financial services, serving banks, credit unions, alternative finance companies, and fintechs in the
About Red River Bank
Red River Bank is a
View source version on businesswire.com: https://www.businesswire.com/news/home/20241030500070/en/
Maria Gari
Q2 Holdings, Inc.
maria.gari@q2.com
Source: Q2 Holdings, Inc.
FAQ
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