Chesapeake Bank Debuts New Digital Debit Card Product by Leveraging Partnerships With Trabian, Q2, and Jack Henry

Chesapeake Bank has announced the release of a new product – the Digital Debit Card. The Digital Debit Card allows consumers to create virtual cards within online and mobile banking for use in online purchases, and it can be loaded into their mobile wallet. The Digital Debit Card is not an off-the-shelf product; rather, it is the culmination of development work between Chesapeake Bank with Trabian, Q2, and Jack Henry.

Chesapeake Bank recognized the need for its consumers to have immediate access to debit cards, either following an account opening or replacement of a card. The Digital Debit Card solution also allows for customers to have multiple cards that can be independently turned on and off, offering an added layer of account security.

“This product launch demonstrates our ability to innovate and offer unique solutions to meet our customers’ needs,” said D.J. Seeterlin, Chesapeake Bank’s Chief Innovation Strategy Officer. “We could not have done this without the flexible technology stack and relationships with our partners at Trabian, Q2 and Jack Henry.”

“Investments in our technology and our team have enabled us to be nimble and build new products from idea to launch in a matter of months,” said Seeterlin. “By leading the innovation in this payment space, through an agreement with Trabian, this technology can now be implemented for other banks as well.”

Software development firm Trabian was instrumental in this partnership, as they were able to create application to connect Chesapeake Bank’s online customer-facing application and website-based interfaces.

“We at Trabian are thrilled to be a part of the launch of the Digital Debit Card, the result of our successful partnership with Chesapeake Bank,” said Matt Dean, CEO of Trabian. “Using the robust Q2 SDK, we were able to seamlessly integrate multiple systems and deliver a solution that can help other community banks gain wallet share in a highly competitive marketplace for deposits.”

Q2, which provides the app environment for Chesapeake Bank customers, also played a role in the development of the Digital Debit Card.

“We’re excited to see Chesapeake Bank’s Digital Debit Card come to life to serve its customers with quick access to digital debit cards,” said Jonathan Price, EVP of Emerging Businesses, Corporate and Business Development at Q2.

“For financial institutions, innovation has become table stakes when providing products to customers,” said Price. “The Q2 SDK and our Q2 Innovation Studio are helping financial institutions meet the evolving expectations of account holders by innovating faster and delivering differentiated offerings quickly.”

And finally, thanks to the collaboration with Jack Henry, whose software powers Chesapeake Bank’s internal systems, customers will be able to use the digital debit card seamlessly.

“We’re happy to offer an accessible platform that regional and community financial institutions can build on to meet their needs,” said Ben Metz, Chief Digital and Technology Officer for Jack Henry. “Our continued investment in an open architecture gives financial institutions the ability to innovate faster, compete successfully, and differentiate themselves from their competitors.”

More information on Chesapeake Bank’s Digital Debit Card product is available at www.chesbank.com/digitaldebitcard. Seeterlin is scheduled to appear at the ABA Conference for Community Bankers in Orlando on February 12-14, where he will discuss the Digital Debit Card and the collaboration which led to its creation as an example of banks’ ability to innovate.