Three customer go-lives, two major new licenses, expanded offerings and additional industry veterans to strengthen executive team
OMAHA, Neb., Jan. 27, 2016 – D3 Banking, the leading innovator in data driven digital™ banking, today announced several significant achievements in 2015. Highlights from 2015 include:
• In May, $25 billion First Tennessee Bank licensed the D3 Consumer Banking on premise solution. According to First Tennessee, the D3 Banking solution was chosen because it offered a complete set of banking services, architected for timely integration, accessible from any digital device and powered by a data analytics capacity that will help the bank personalize assistance to customers.
• In September, $15 billion Arvest Bank announced the availability of its Online Banking with BlueIQ™ powered by the on premise version of D3 Consumer Banking. D3 Banking’s integrated data analytics engine enables customers using BlueIQ™ to easily track spending, set savings goals and streamline financial management from accounts held at Arvest Bank and elsewhere.
• In December, $19 billion IBERIABANK licensed the hosted versions of D3 Consumer and Small Business products. IBERIABANK chose the D3 Banking solutions based on the D3 user experience, modern platform and availability in a hosted, secure and easily scalable environment.
Additional developments for D3 Banking in 2015 include a rollout of the D3 Consumer Banking solution by SHAZAM, a single-source provider of issuer, core, risk management, card, ATM, marketing, merchant, mobile and automated clearing house (ACH) services to financial institutions across the United States, the development of a hybrid mobile app, the introduction of a small business banking solution, the launch of a hosted offering of the D3 Banking product set and the addition of six industry veterans to its executive suite to meet the demands of its growing business.
D3 Banking CEO Mark Vipond said, “We are in the earliest stages of a replacement cycle driven by innovative banks and credit unions that can no longer afford to compete for digitally savvy consumers with one hand tied behind their back. Legacy online and mobile banking providers either can’t or won’t upgrade their products to meet the ever-growing demands of the digital user, and it’s becoming apparent that FIs are no longer comfortable with ‘me-too’ solutions. They are freeing themselves from these solutions because they lack flexibility, require expensive customization and do not provide a platform that can adapt to the constantly changing environment that is digital banking.”
Vipond added, “As more financial institutions turn to innovative companies creating best of breed digital banking solutions based on current technology, we are well positioned to compete for that business. Our modern and scalable platform allows financial institutions to attract and retain customers with a variety of digital banking preferences and needs today and tomorrow. Though our 2015 was exceptional, we believe 2016 will be even better.”
D3 Banking serves regional and super regional financial institutions. The company’s 2015 projects were the largest replacement efforts of their type in the digital banking era involving the migration of more than 1.5 million users total.
About D3 Banking
D3 Banking reduces the cost and complexity of digital banking by providing a scalable single code base solution for consumers and small businesses that can be accessed via laptop, smartphone, tablets and wearables. The company provides responsive web design in a scalable transactional environment to deliver a consistent user experience. Its Data Driven Digital™ banking leverages a powerful, proven analytics engine that delivers value-added financial management tools to consumers and small businesses while providing financial institutions with the ability to use this information to personalize their product and service offerings.