Q2 has introduced Q2 Code, a governed Artificial Intelligence development environment for its digital banking platform. This has been developed with the view to promoting innovation in terms of security and scalability of the AI technology. Moreover, it supports financial institutions in building compliant applications efficiently.
Q2 Code leverages Artificial Intelligence technologies from Anthropic’s Claude and Amazon Bedrock. These integrations enable developers to create advanced banking solutions with improved control. Moreover, the solution provides governance and risk management when using AI features. Finally, the use of Artificial Intelligence in banking software is becoming increasingly popular. Companies use AI to provide a better customer experience and increase efficiency. Therefore, the platform addresses the need for secure and responsible AI development.
“AI represents the most significant development in technology since digital banking became mainstream, and financial institutions need practical ways to use it to create real impact,” said Q2 CTO Adam Blue. “With Q2 Code, we’re embedding AI directly into the SDK to drive innovation. It will help banks, credit unions, and partners build on Q2 faster while maintaining the trust, governance, and resilience they require. This is about giving financial institutions new power to extend their capabilities, differentiate their experiences, and compete more effectively in a rapidly changing market.”
“Amazon Bedrock gives organizations the flexibility to build and scale generative AI applications with enterprise security and proven scalability,” said John Kain, Director, Financial Services Market Development, AWS. “With Q2 Code, Q2 is enabling developers to innovate faster and more efficiently to build high-quality software while meeting the rigorous requirements of the financial services industry. We’re excited to work with Q2 to bring AI-powered development capabilities to the Q2 Digital Banking Platform.”
Enabling Secure and Scalable AI Innovation
The platform offers functionalities that help ease coding, testing, and deployment tasks. However, the platform still exerts stringent controls to ensure compliance with regulatory standards. Therefore, banks can enhance innovation while ensuring compliance. Overall, Q2 enhances its fintech capabilities through AI-driven digital banking solutions.
“One of the biggest challenges in development is the time it takes to go from idea to execution, which limits how many new concepts teams can realistically pursue,” said Mid-Hudson Valley Federal Credit Union SVP and Chief Information Officer Jonathan Cilley. “What’s exciting about Q2 Code is its ability to accelerate that cycle, helping our teams move from idea to prototype much faster. By lowering the barrier to building and iterating, it creates new opportunities to test, refine, and deliver more differentiated digital experiences on Q2’s digital banking platform.”
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News Source: Businesswire.com