Alkami Launches First-to-Market Business Banking Digital Maturity Assessment
Rhea-AI Summary
Alkami Technology (Nasdaq: ALKT) has launched its Business Banking Digital Maturity Assessment, a first-to-market tool designed for financial institutions to evaluate their digital banking capabilities. The assessment, developed from a study of 150 digital decision makers in U.S. banks and credit unions, helps institutions benchmark their digital maturity and receive actionable recommendations.
The tool evaluates key dimensions including payments, data and marketing capabilities, digital account creation, subuser management, and accounting/ERP system integration. It categorizes institutions into four cohorts based on how they leverage culture, strategy, and technology to drive results.
The assessment is freely available to all financial institutions and aims to help them align with business clients' demands for seamless, digital-first banking experiences. The initiative was developed in partnership with Emerald Research Group and financial services influencer Jim Marous.
Positive
- First-to-market position in business banking digital assessment tools
- Free availability to all financial institutions, potentially expanding market reach
- J.D. Power certification for outstanding mobile banking platform experience
Negative
- None.
News Market Reaction
On the day this news was published, ALKT gained 0.79%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Helping banks and credit unions assess and advance their business banking digital strategies
The Business Banking Digital Maturity Assessment offers a comprehensive framework for banks and credit unions to assess their current digital capabilities and identify opportunities to align with the demands of business clients. Leveraging insights from Alkami's extensive research on digital maturity in business banking, the assessment benchmarks a bank or credit union against the research baseline, categorizes it into one of four cohorts based on the answers, and provides actionable recommendations to accelerate the institution's digital transformation.
"With this research, we wanted to go beyond traditional digital banking metrics and explore how the combination of culture, strategy, and technology creates a sustainable competitive advantage for institutions that leverage their digital banking channel for both sales and service," said Allison Cerra, chief marketing officer for Alkami. "The results of the assessment can be used by financial institutions to take decisive steps in elevating their business banking strategies."
With businesses increasingly demanding seamless, digital-first banking experiences, financial institutions face unprecedented pressure to innovate and modernize. Alkami's new tool helps financial institutions understand their current position within the digital maturity spectrum — ranging from basic digital capabilities to advanced, fully integrated solutions. The assessment evaluates key dimensions and capabilities including payments, data and marketing capabilities, digital account creation, subuser management, accounting and ERP system integration, and more.
"Digital maturity has become more than just a competitive advantage — it's a critical determinant of business success," said Jim Marous, owner and chief executive officer of the Digital Banking Report. "What sets the leaders apart isn't merely their technology stack — it's their holistic approach to combining culture, strategy, and technology to achieve superior results."
The Business Banking Digital Maturity Assessment is freely available to all financial institutions and can be taken here.
Alkami has been certified by J.D. Power for providing "An Outstanding Mobile Banking Platform Experience1."
About Alkami
Alkami Technology, Inc. is a leading cloud-based digital banking solutions provider for financial institutions in
Media Relations Contacts
Vested
alkami@fullyvested.com
Marla Pieton
marla.pieton@alkami.com
1J.D. Power 2024 Mobile App Platform Certification ProgramSM recognition is based on successful completion of an audit and exceeding a customer experience benchmark through a survey of recent servicing interactions. For more information, visit www.jdpower.com/awards. | |||||||||
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SOURCE Alkami Technology, Inc.