The Impact of Earned Wage Access on Bank Deposit Growth
As banks continually seek innovative ways to enhance their service offerings and attract new customers, Earned Wage Access (EWA) emerges as
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Clockout Joins Q2 Marketplace to Bring Embedded Earned Wage Access to 450+ Financial Institutions
Miami, FL. – Oct 15, 2024. Clockout, a leading Earned Wage Access (EWA) provider, is excited to announce its integration with the Q2 Marketplace, an open ecosystem that enables financial institutions to quickly deploy fintech solutions and improve their digital banking experience. This partnership brings Clockout’s EWA solution to 450+ financial institutions using Q2’s digital banking platform.
Through this integration, banks and credit unions can now offer Earned Wage Access directly within their mobile banking apps, empowering their customers to access their earned wages instantly, without waiting for payday. The Clockout platform helps financial institutions:
Juan Jurado-Blanco, CEO of Clockout, expressed the significance of this partnership:"With Q2, we’re enabling financial institutions to offer a vital service that improves customers' financial well-being while helping banks and credit unions grow deposits and secure long-term loyalty. This integration positions Clockout to be a driving force in the next wave of banking innovation."
Clockout’s integration into Q2 allows financial institutions to seamlessly implement an EWA solution in as little as 10 days, giving them a competitive advantage in the marketplace. With Clockout, banks can provide their customers with greater financial flexibility in exchange for their direct deposits, ultimately boosting satisfaction and engagement.
For more information, please visit joinclockout.com or https://developer.q2.com/marketplace/apps/clockout/marketing
About Clockout
Clockout is a fintech company dedicated to providing financial institutions with Earned Wage Access (EWA) solutions that are simple to implement and enhance customer engagement. Clockout’s platform allows customers to access their earned wages on-demand, helping financial institutions grow deposits and strengthen customer relationships.
About Q2
Q2 is a leading provider of secure, cloud-based digital banking solutions that empower banks and credit unions to deliver personalized, data-driven experiences to their customers. Q2 serves over 1,200 financial institutions, helping them grow deposits, enhance engagement, and drive profitability through a comprehensive suite of digital banking products.
