Array announces integration with Q2’s digital banking platform

By Edlyn Cardoza

Array, a financial innovation platform, announced its integration with Q2’s digital banking platform. Q2 Holdings provides digital transformation solutions for banking and lending. Through this integration, Array will offer products such as My Credit Manager, ID Protect and Offers Engine through Q2’s Partner Accelerator Program.

The Q2 Partner Accelerator Program, part of the Q2 Innovation Studio, allows financial services providers leveraging the Q2 SDK (software development kit) to integrate their technology with the Q2 digital banking platform. Banks and credit unions can work with these partners to purchase their solutions and rapidly deploy the standardised integrations directly to their customers.

My Credit Manager lets users view, understand and manage their credit information. They can receive score change alerts, interact with a score simulator, and view credit score factors and debt analysis components. ID Protect includes identity monitoring, insurance and restoration services that help keep users safe from fraud. This includes dark web monitoring, alerts, and identity theft restoration services.

“Array is driving digital banking forward by providing innovative technologies that can help strengthen relationships between financial institutions and their account holders,” said Johnny Ola, Managing Director of the Q2 Innovation Studio. ”Through this integration, we are pleased to see Array offering this option and capability to our customers, and we are excited to help consumers better manage and protect their financial wellbeing.”

In addition, financial institutions can leverage Offers Engine to market their services to account holders with actionable offers based on the user’s credit-data attributes and matched to appropriate credit products, resulting in greater relevance and likelihood of approval.

“More than ever, consumers have higher expectations of their banks and credit unions, and they want products and information to help people strengthen their finances,” said Martin Toha, Co-Founder and CEO of Array. “Our partnership with Q2 enables institutions to differentiate themselves in the market while providing the ability to increase engagement and potentially generate more loan volume.”