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What is ClickSWITCH?

ClickSWITCH tackles the persistent issue that has impeded the expansion of financial institutions: the difficulty of moving account holders from one bank to another. Its mission is to empower consumers and create a landscape where banks can compete effectively and thrive. Headquartered in Minneapolis, ClickSWITCH has swiftly broadened its reach to support numerous financial institutions and fintech companies across all 50 states, along with Puerto Rico and Canada. Furthermore, Q2 streamlines the connection with both new clients and those who may have lapsed in activity. By automating the migration of direct deposits, recurring payments, and online card transactions to your financial institution, our solutions ensure a seamless integration of account holders, solidifying your position as their primary financial services provider. While attractive marketing and digital account openings can draw in account holders, fostering and retaining valuable primary relationships requires a more holistic strategy. Ultimately, the collaboration between ClickSWITCH and Q2 allows financial institutions to greatly enhance their customer engagement tactics, paving the way for sustained growth and customer loyalty in a competitive market. This partnership not only addresses immediate needs but also lays the groundwork for future innovations in customer service and relationship management.

What is Akoya?

Akoya is a robust platform driven by APIs that facilitates secure open finance, enabling financial institutions, fintech firms, and data aggregators to exchange consumer-authorized financial data transparently and in compliance with regulations. Acting as a network for data access, it connects banks and financial data sources with approved third-party applications, allowing consumers to engage with fintech services safely while keeping their usernames and passwords confidential. By providing a unified integration point, organizations can link to thousands of financial institutions and applications, which streamlines the integration process and significantly reduces the challenges of ongoing development and maintenance. The platform leverages API connections exclusively, moving away from outdated methods like screen scraping and encouraging secure, permissioned data sharing, thus ensuring users retain complete control over their data and can manage or withdraw access at their discretion. Additionally, this forward-thinking strategy not only boosts security but also cultivates increased trust among consumers and service providers within the financial landscape, ultimately benefiting all parties involved. This interconnected approach represents a significant advancement in how financial data is shared and utilized, paving the way for more innovative fintech solutions.

Media

Media

Integrations Supported

MeridianLink Opening

Integrations Supported

CITI Unify
Capital One Eno
Chase Software
Coreware
Fidelity
Fiserv
Jack Henry Payments
TD Bank Merchant Solutions
Yodlee

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

Q2

Company Location

United States

Company Website

www.q2.com/consumer/account-switching

Company Facts

Organization Name

Akoya

Date Founded

2018

Company Location

United States

Company Website

akoya.com

Categories and Features

Banking

Corporate Banking
Online Banking
Private Banking
Retail Banking

Categories and Features

Open Finance

Not specified

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