Alkami's New Partnership with Tier One Credit Union
Alkami Technology, Inc. (NASDAQ: ALKT), a leader in cloud-based digital banking solutions, has announced a significant partnership with a top credit union in the United States. This collaboration aims to improve digital banking services for both retail and business customers, affecting a user base of over 350,000. This marks a pivotal moment in Alkami’s journey, adding to their impressive backlog of 1.3 million digital users as of mid-2025.
Expanding Alkami's Digital Footprint
This engagement represents one of the most extensive product adoptions in Alkami's history. The partnership includes the complete suite of Alkami's Data & Marketing Solutions, emphasizing the company's commitment to delivering comprehensive digital banking experiences. Alkami now serves five out of the top twenty credit unions in the U.S., solidifying its status as the foremost digital banking provider in the credit union sector based on mobile user enrollment metrics.
Understanding the Importance of Digital Banking
According to Alex Shootman, CEO of Alkami, the partnership underscores the capabilities of modern digital banking solutions at scale. He commented, "Our Digital Sales & Service Platform consistently meets the diverse needs of the market, adapting to everything from local community banks to major national institutions. Currently, sixteen financial organizations have contracted with us to fully exploit the advantages of our cutting-edge banking platform." This includes essential services such as Onboarding & Account Opening, Digital Banking, and Data & Marketing solutions.
Why This Partnership Matters to Financial Institutions
The growing demand for personalized banking experiences highlights the significance of Alkami's offerings. The Data & Marketing Solution aids financial institutions in launching campaigns faster and with improved returns. Approximately one-third of Alkami’s digital banking clients currently utilize this tool, showcasing its value in driving client engagement.
The Rise of Innovative Solutions
Additionally, Alkami’s Positive Pay & ACH Reporting solution has been gaining traction, with plans to increase client launches significantly year over year. Presently, over 600 financial institutions leverage these features, bolstering their relationships with various banks and credit unions.
The Future of Digital Banking with Alkami
Alkami remains poised for success as it reinforces its position as the preferred digital banking partner for institutions aiming to modernize their operations. They are committed to helping institutions execute anticipatory banking strategies, ensuring that customer needs are met through innovative sales and service channels.
Exploring Alkami's Cutting-Edge Solutions
To learn more about Alkami's range of solutions tailored for financial institutions, prospective clients can explore their offerings on the company’s website. With a track record of success and a certification from J.D. Power for outstanding mobile banking experiences in both 2024 and 2025, Alkami continues to enhance its reputation as a leader in the industry.
Frequently Asked Questions
What does Alkami Technology do?
Alkami Technology offers cloud-based digital banking solutions aimed at enhancing the banking experience for financial institutions in the U.S.
How many users will the Tier One Credit Union partnership impact?
The partnership will impact over 350,000 users, including both retail and business banking customers.
What solutions does Alkami provide to financial institutions?
Alkami provides a suite of solutions including digital banking, data and marketing solutions, onboarding, account opening, and payment security.
What recognition has Alkami received?
Alkami has been awarded the J.D. Power certification for 2024 and 2025, recognizing its outstanding mobile banking platform experiences.
How does Alkami support its clients?
Alkami supports its clients by facilitating personalized marketing campaigns, offering operational efficiencies, and innovative tools that address modern banking needs.
