Q2 Holdings Launches Q2 TrustView, the First Data Governance and Protection Technology of Its Kind for Banking and Lending
15 Maggio 2019 - 3:00PM
Business Wire
Q2 TrustView is Powered by ALTR, a
Blockchain-Based Data-Security Provider
Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital
transformation solutions for banking and lending, today launched Q2
TrustView, powered by ALTR, an enhancement to Q2’s multilayered
data management and protection approach that controls how
individuals access data, delivers detailed data intelligence and
reporting, and protects critical data assets at rest.
Human presence within complex data networks inherently creates
privacy and governance vulnerabilities. In its 2019 Cybersecurity
Trends report, Javelin Strategy & Research noted that “retail
banks will increasingly view privacy as more than just a regulatory
hurdle.” As a result, providing the safe and compliant storage and
accessibility of sensitive information has become even more
critical to instilling trust throughout the banking and lending
experience.
“Great financial experiences are built on a foundational
confidence and trust that an account holder’s data will be
protected,” said Adam Blue, CTO at Q2. “With Q2 TrustView, we are
strengthening our data management approach to ensure that
protections are in place for our customers and their users at every
step of the data journey.”
Q2 TrustView mitigates breaches in real time and safeguards
critical data by fragmenting personally identifiable information
across a private, low-latency blockchain network, and rendering
data-at-rest useless to unauthorized entities. By leveraging the
append-only architecture inherent in blockchain technology, Q2
TrustView also provides a comprehensive, immutable view of who
accesses valuable data, when they access it and how often.
Q2 TrustView is made possible through an exclusive agreement
with ALTR, developer of the first software solution designed to
harness blockchain’s virtually inviolable structure and apply it to
data security. The ALTR platform, integrated as a core technology
within Q2 TrustView, provides Q2 with enhanced clarity into Q2’s
customer and end user data access.
“Our partnership with Q2, who is a leader in a highly-regulated
industry, is powerful validation of the confidence banking and
lending institutions are placing in ALTR’s technology,” said Dave
Sikora, CEO at ALTR. “Data is critical to these institutions,
and the integration of ALTR’s smart driver and blockchain
technologies into Q2 TrustView reinforces Q2’s approach to data
security, privacy and governance by implementing a critical human
error countermeasure."
To learn more about Q2, visit www.q2ebanking.com.
About Q2 Holdings, Inc.
Q2 is a secure, cloud-based digital transformation solutions
company headquartered in Austin, Texas. Since 2004, it has been our
mission to build stronger communities by strengthening their
financial institutions. Our digital banking solutions for deposits,
money movement, lending, leasing, security and fraud enable
financial institutions to deliver a better financial experience to
their account holders. Our bank and credit union customers, along
with emerging financial services providers, also benefit from
actionable data analytics and access to open technology tools. To
learn more about Q2, visit www.q2ebanking.com.
About ALTR
ALTR is the first software company to unleash the cybersecurity
benefits of blockchain for the enterprise. The ALTR platform, based
on ALTR’s proprietary ALTRchain technology, restores digital trust
to organizations by fundamentally changing the way valuable data is
monitored, accessed and stored. It is simple to deploy and easy for
both technical and non-technical business stakeholders to use,
providing them with an intrinsic view and control over the inner
data-environment of an organization including how sensitive data
assets are used or seen and by whom. The company, which holds 17
issued patents and has dozens more pending, is based in Austin.
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Emma ChaseRed Fan CommunicationsO: (512) 551-9253 / C: (512)
917-4319emma@redfancommunications.com
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