The company has added the new technology with its existing ebanking platform, which allows it to offer a more interactive tablet, online and mobile experience for financial institutions to deliver anytime, anywhere banking on any device.
Q2 CEO and president Matt Flake said, "Combining the features and benefits of Q2’s unified platform with oFlows’ account opening and lending platform further advances the capabilities and conveniences of virtual banking."
Optimized to work with tablet devices, either within the branch or in the field, oFlows improves branch representative interactions with account holders, claims the company.
It ability to electronically open accounts, originate loans and sign documents, has ensured safety of critical financial information of consumers, as well as eliminated the use of paper.
Enabling financial conglomerates to launch customized offers during the application process, oFlows also improves cross-sell success rates.
Andera online account opening platform is currently being used by more than 560 banks and credit unions.