Unknown Analyst

All right. Good morning, everyone. Thank you so much for being here today. I'm delighted to have Matt Flake, the CEO of Q2; and Jonathan Price, the CFO of Q2. Thank you both for being here.

Matthew Flake
President, CEO & Chairman of the Board

Thank you.

Unknown Analyst

Perfect. So I think I'll start off with some questions for Matt, then for Jonathan, and then a handful of others. So Matt, for you first, when Q2 wins against other leading providers for digital banking, what is the single most cited reason? And you said on the recent earnings call that win rates are holding steady and that average selling prices are up. What is driving the ASP improvement?

Matthew Flake
President, CEO & Chairman of the Board

Yes. So I think on the winning side of things, it's really a formula of -- it's not one thing typically. It's -- the single platform drives a better user experience, operating efficiency. We can get them code faster. And then with AI and data, all on that single platform, we get a much better view of who the customer is. So there's a lot we can do with that with AI, plus we have -- we focus on customer experience and how we treat our customers. We always think about -- the customer has a customer of theirs on the other end. And so we're very responsive in customer support, and that's differentiated in this space.

Also, our experience in the space around