Financial Institutions can now provide Bits of
Stock, a leading digital platform powering Stock Rewards and
Loyalty Programs, to customers through Q2's Digital Banking
Platform
AUSTIN,
Texas, Feb. 21, 2024 /PRNewswire/ -- Bits of
Stock, the platform that empowers Financial Institutions to fuel
deposit growth and card transactions by rewarding in fractional
shares of stock, today announced an integration with Q2's Digital
Banking Platform, via the Q2 Partner Accelerator Program.
Q2Holdings, Inc.(NYSE: QTWO) is a leading provider of digital
transformation solutions for banking and lending. As part of the Q2
Partner Accelerator Program, financial institutions will be able to
purchase Bits of Stock and then offer their clientele fractional
stock as rewards via the Q2 Digital Banking Platform, for every
card swipe or loyalty point redemption.
The Q2 Partner Accelerator is a program through the Q2
Innovation Studio that allows in-demand financial services
companies who are leveraging the Q2 SDK to pre-integrate their
technology into the Q2 Digital Banking Platform. This enables
financial institutions to work with these partners, purchase their
solutions, and rapidly deploy their standardized integrations to
their customers.
"This partnership is a value multiplier for customers, Q2, and
Bits of Stock," said Arash Asady, CEO of Bits of Stock. "Both
companies are committed to finding innovative ways to empower
financial services for consumers at scale."
Bits of Stock's integration with the Q2 Digital Banking Platform
means financial institutions may offer fractional stock as rewards
on swipes and activity (i.e, debit, credit, account opening, loan
applications, deposits, etc.).
"We are pleased to welcome Bits of Stock to the Q2 Partner
Accelerator program," said Johnny Ola, managing director of the Q2
Innovation Studio. "Financial Institutions now can offer fractional
stocks as rewards on account spend and activity."
To learn more about the Q2 Innovation Studio Partner Accelerator
Program, please click here.
About Bits of Stock
Bits of Stock enables credit unions and community financial
institutions to reward and convert points into fractional shares of
stock, significantly driving deposits, non-interest income, and
retention. To learn more, please visit bitsofstock.com or find
us on X or LinkedIn.
About Q2 Holdings, Inc.
Q2 is a leading provider of digital banking and lending
solutions to banks, credit unions, alternative finance, and fintech
companies in the U.S. and internationally. Q2 enables its financial
institutions and fintech companies to provide comprehensive,
secure, data-driven digital client engagement solutions – from
consumers to small businesses and corporate clients. Headquartered
in Austin, Texas, Q2 has offices
throughout the world and is publicly traded on the NYSE under the
stock symbol QTWO. To learn more, please visit Q2.com. Follow us on
LinkedIn and Twitter to stay up-to-date.
Media Contact
Arash Asady
arash@bitsofstock.com
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SOURCE Bits of Stock