A leading cloud-based digital transformation solutions provider for banking Q2 holding unveiled Q2 Trust View, a protection technology which will be controlled by ALTR, a software organization that utilizes the cybersecurity advantages of Blockchain for the enterprise. ALTR will be an improvement to Q2’s multilayered information the executives and protection approach that will control how individuals access data, delivers detailed data intelligence, reporting, and protects critical data assets at rest.
Q2 is a secure, cloud-based digital transformation solutions company headquartered in Austin, Texas. Since 2004, it has been our mission to build stronger communities by strengthening their financial institutions. Our digital banking solutions for deposits, money movement, lending, leasing, security and fraud enable financial institutions to deliver a better financial experience to their account holder.
Q2 trust view technology will solve a human problem, the presence of humans within complex data networks inherently creates privacy and governance vulnerabilities. In its 2019 Cybersecurity Trends report, Javelin Strategy & Research stated that, “Retail banks will progressively view protection as more than an administrative obstacle.” therefore, providing the safe and compliant storage and availability of delicate data has turned out to be much increasingly basic to imparting trust all through the banking and lending experience”.
Q2 Trust View is made conceivable through an exclusive concurrence with ALTR, developer of the primary programming arrangement intended to harness block chain’s practically sacred structure and apply it to information security. The ALTR stage, coordinated as a centre innovation inside Q2 Trust View, gives Q2 upgraded clarity into Q2’s client and end client information access.
Adam Blue, CTO at Q2 said, “Great financial experiences are built on foundational confidence and trust that an account holder’s data will be protected. With Q2 TrustView, we are strengthening our data management approach to ensure that protections are in place for our customers and their users at every step of the data journey.”
Q2 Trust View mitigates breaks continuously and shields basic information by dividing actually recognizable data over a private, low-latency blockchain system, and rendering information very still futile to unapproved entities. By utilizing the append-only architecture inherent in blockchain innovation, Q2 Trust View likewise gives an extensive, unchanging perspective of who accesses significant information, when they get to it and how often.
“Our partnership with Q2, who is a leader in a highly-regulated industry, is a powerful validation of the confidence banking and lending institutions are placing in ALTR’s technology,” said Dave Sikora, CEO at ALTR. “Data is critical to these institutions, and the integration of ALTR’s smart driver and blockchain technologies into Q2 TrustView reinforces Q2’s approach to data security, privacy and governance by implementing a critical human error countermeasure.”