Entersekt Secures Over One Million Users for Q2 Digital Banking Clients
The increase in adoption highlights the critical need for financial institutions to safeguard their account holders against sophisticated fraud and scams, while delivering intuitive and reliable digital experiences. Entersekt's advanced authentication solution provides a multi-layered security approach, helping financial institutions achieve robust protection with seamless user interactions.
"We are incredibly proud of the trust that both Q2 and these forward-looking financial institutions have placed in Entersekt," said Schalk Nolte, CEO of Entersekt. "Surpassing the milestone of protecting one million account holders, with 70% coming in the last 8 months, is a testament to the effectiveness of our technology and our team's dedication to innovation. Strong authentication is no longer optional, it's essential for building and maintaining customer trust."
'Fraud prevention is no longer just a defense mechanism—it's a competitive differentiator and trust multiplier,' said Jeff Scott, VP of Fraud Product Management at Q2. 'Through Innovation Studio, we're building a fraud ecosystem that combines the best of Q2's proprietary platform with proven partners like Entersekt. By delivering real-time identity assurance, Entersekt helps broaden Q2's orchestration strategy and enhance our ability to detect, prevent, and interdict fraud across the entire digital banking experience. Together, we're helping financial institutions strengthen their fraud posture, protect their reputations, and build enduring trust with their account holders.'
Entersekt's solution leverages a unique combination of device intelligence, behavioral analytics, and cryptographic security to protect high risk transactions and users against phishing attacks, account takeover attempts, and resulting financial fraud. Designed to provide security and convenience, the solution helps financial institutions meet strict regulatory requirements while significantly reducing fraud and improving customer satisfaction.
The steady growth across the Q2 customer base signals increasing recognition of Entersekt's ability to deliver high-performance security that scales effortlessly across digital banking systems. With continued investment in research and development, the company remains at the forefront of helping financial institutions navigate evolving regulatory landscapes and rising scam and fraud risks.
About Q2 Holdings, Inc.
Q2 is a leading provider of digital transformation solutions for financial services, serving banks, credit unions, alternative finance companies, and fintechs in the U.S. and internationally. Q2 enables its financial institution and fintech customers to provide comprehensive, data-driven digital engagement solutions for consumers, small businesses and corporate clients. Headquartered in Austin, Texas, Q2 has offices worldwide and is publicly traded on the NYSE under the stock symbol QTWO. To learn more, please visit Q2.com. Follow us on LinkedIn and X to stay up to date.
About Entersekt
Entersekt, The Financial Authentication Company, provides financial institutions with digital banking fraud prevention and payment security solutions through its cross-channel, Context Aware™ Authentication platform that secures digital transactions and optimizes user experiences. Founded in 2010, Entersekt serves financial institutions around the world, and holds 120+ patents for its security innovations. In 2023, Entersekt acquired the Modirum 3-D Secure software business from Modirum, a security technology firm based in Helsinki, Finland, positioning Entersekt as a global industry leader in authentication solutions for financial services. Entersekt processes 7.5bn+ transactions for 250m+ cardholders and 450,000+ merchants from nearly 900 banks in 70+ countries. Backed by companies like Silicon Valley-based Accel-KKR, one of the world's top private equity firms, Entersekt continues to expand its footprint across key regions. For more information, visit www.entersekt.com.
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