US-based community lender Amerant Bank has teamed up with fintechs Alloy and Q2 to enhance its digital offerings.

The partnership is aimed at making processes such as account opening, switching direct deposits, and automatic payments faster, safer, and efficient.

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Amerant Bank plans to use Alloy for customer onboarding for deposit accounts whilst checking the non-compliant account openings.

The Florida headquartered lender, which has nearly $8bn in assets, plans to use Alloy’s platform in its branches as well.

Q2’s software solution Q2 ClickSWITCH will be used to enable customers to switch their direct deposits and automatic payments to the new account.

Amerant Bank vice chairman and CEO Jerry Plush said: “We are focused on expanding our digital footprint and enhancing our online experience, all as part of striving to make banking with us easier.

“With the addition of these platforms, they will help enable a faster and more seamless onboarding process, which benefits both new Amerant Bank customers and our team members.”

Through the partnership, Amerant Bank gains access to algorithms and data source products, which can be used to create an automated process.

Alloy and Q2 will integrate with the bank’s data sources to verify customer identities throughout the onboarding and banking process.

Earlier, Amerant Bank chose Alloy’s platform to automate identity verification while onboarding customers.

Last month, Alloy raised $100m in a Series C funding round at a valuation of $1.35bn.