Q2 Holdings, Inc., a provider of digital transformation solutions for financial services, announced Open Payment Network (OPN) as its first integration partner for Q2 Instant Payments Manager. This solution is designed to help financial institutions manage instant payment workflows.
OPN, a payment network operator that interoperates with Clearing House RTP® and Federal Reserve FedNow℠, will provide connectivity to both instant payment rails directly within Q2’s Digital Banking Platform.
Anthony Ianniciello, Q2 VP of Product Management, stated that OPN was selected for its “technical expertise, deep industry knowledge and ability to scale and support the full instant payments message set for our customers and their business clients.” He added that the collaboration aims to “empower banks and credit unions with modern, end-to-end payments capabilities—strengthening their competitive position in today’s crowded commercial banking landscape.”
According to the Federal Reserve, 74% of businesses expect their primary financial institution to offer faster or instant payment services. Q2 Instant Payments Manager is designed to improve the processing of B2B payments by enabling business customers to include invoice data within instant payment messages.
Anthony Pili, Senior Vice President and Chief Innovation Officer at Orange Bank, commented on the partnership, stating, “We are excited to partner with Q2 to provide our customers with 24/7/365 instant payments capabilities, fully integrated into our digital banking ecosystem.” He noted that with Q2 Instant Payments Manager and OPN’s expertise, Orange Bank is positioned to continue leading in payments innovation, delivering a “seamless, reliable, and modern payment experience that meets the evolving needs of our business clients.”
The integration of Q2 Instant Payments Manager into Q2’s Digital Banking Platform is facilitated via Q2 Innovation Studio, through connection partners such as OPN. This framework allows financial institutions to quickly deploy the technology necessary to support the full instant payment message set, including Request for Payment, Request for Information, Credit Transfer, and Receipt Confirmation messages, directly within the end user’s digital banking experience.
Robert Lewis, Chief Revenue Officer at Open Payment Network, expressed his company’s enthusiasm: “We’re honored to be the first to integrate with Q2’s powerful Instant Payments Manager.” He emphasized that this integration enables them to provide faster payment capabilities to a broader segment of the banking world, aligning with OPN’s customer-centric approach.
Q2 Instant Payments Manager is a key component of Q2 Catalyst, a suite of commercial banking solutions designed to assist financial institutions in client acquisition, onboarding, service, and relationship growth.
Q2 Holdings, Inc. is a leading provider of digital transformation solutions for financial services, serving banks, credit unions, alternative finance companies, and fintechs globally. Headquartered in Austin, Texas, Q2 is publicly traded on the NYSE under the stock symbol QTWO.
Open Payment Network (OPN®) enables financial institutions to expand their market reach and deepen customer engagement by offering intelligently routed faster payments via RTP®, FedNow®, and same-day ACH, without requiring a core system overhaul. OPN allows financial institutions to offer fintech firms enhanced product suites by integrating faster payments for various transactions, including loans, payroll, ecommerce, business services, and account-to-account transfers. OPN supports banks and credit unions across the U.
S. in competing within the digital financial environment.
