The $1.3 billion Pawtucket Credit Union in Pawtucket, R.I., will soon be using the Q2ebanking online banking suite, the Austin, Texas, company said.
The 71,000-member institution cited the vendor’s native, out-of-band multi-factor authentication and transaction authorization security features among its criteria for the selection.
“Additionally, Q2ebanking’s open integration with third-party providers and the platform’s overall innovative functionality was very important to us,” said Tim Jermain, senior vice president of business development and technology at Pawtucket Credit Union.
The deployment also will include iPay Technologies bill pay solutions, including person-to-person payments and the Biz 2.0 small business payments product, the company and credit union said.
“By providing highly sophisticated e-services in a secure environment, the credit union’s ebanking offerings will rival those of the country’s largest institutions,” said Matt Flake, Q2ebanking president/CEO.
Q2e said it currently serves just more than 300 customers, about 45 of them credit unions.