ModernFi, announced its integration with Q2?s Digital Banking Platform, via the Second Quarter Partner Accelerator Program. This end-to-end integration, bringing sweep and reciprocal programs directly into digital banking, aims to eliminate friction for depositors and bank operating teams and drive adoption of these crucial programs throughout the industry. Second Quarter Holdings, Inc. is a leading provider of digital transformation solutions for financial services.

As part of the Second Quarter Partner Accelerator Program, financial institutions will be able to offer ModernFi?s digitally integrated insured sweep accounts to provide their highest-value customers extended deposit insurance via the Second Quarter Digital Banking Platform. ModernFi helps financial institutions strengthen the insured composition of their balance sheets and compete for depositors that might otherwise go to the largest competitors or leave the banking sector entirely. The Second Quarter Partner Accelerator is a program through the Second Quarter Innovation Studio that allows in-demand financial services companies who are leveraging the Second Quarter SDK to pre-integrate their technology to the Second Quarter Digital Banking Platform.

This enables financial institutions to work with these partners, purchase their solutions, and rapidly deploy their standardized integrations to their customers.