BankCherokee Launches the Alkami Digital Banking Platform for Retail and Business Customers

Rhea-AI Summary

Alkami (Nasdaq: ALKT) announced on Feb 18, 2026 that BankCherokee, a century-old Twin Cities community bank, launched Alkami's Digital Banking Platform for retail and business customers. The rollout emphasizes efficiency, user-first design, scalable tools, and business features like Positive Pay and ACH Reporting to bolster fraud protection.

The platform aims to streamline BankCherokee's operations and deliver intuitive digital account management while supporting commercial fraud-prevention workflows.

Key Figures

BankCherokee age: over 100 years J.D. Power certification year: 2024 J.D. Power certification year: 2025

3 metrics

BankCherokee age over 100 years Founded over 100 years ago

J.D. Power certification year 2024 Certified for outstanding mobile banking platform experience

J.D. Power certification year 2025 Certified for outstanding mobile banking platform experience

Market Reality Check

Price: $16.28 Vol: Volume 3,437,441 is 1.58x...

high vol

$16.28 Last Close

Volume Volume 3,437,441 is 1.58x the 20-day average of 2,180,752, indicating elevated interest ahead of this partnership news. high

Technical Shares at $16.28 are trading below the 200-day MA of $24.32 and about 51.75% under the 52-week high of $33.7437, near the 52-week low of $15.725.

Peers on Argus

ALKT’s modest gain of 0.06% contrasts with mixed peer moves: NATL up 0.09%, DAVE...

ALKT’s modest gain of 0.06% contrasts with mixed peer moves: NATL up 0.09%, DAVE up 1.54%, while SPNS, AGYS, and RNG are down, suggesting this announcement is more stock-specific than sector-driven.

Historical Context

5 past events · Latest: Feb 13 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 13	Webinar announcement	Positive	+1.9%	Webinar on transaction data cleansing and analytics-driven insights.
Feb 10	Earnings date notice	Neutral	+1.0%	Announcement of Q4 2025 results release and conference call timing.
Feb 4	Partnership win	Positive	+1.7%	Amplify Credit Union selecting MANTL, an Alkami solution team, for onboarding.
Feb 3	Conference agenda	Positive	-12.3%	Details on Alkami Co:lab 2026 breakout, roadmap, and partner sessions.
Jan 27	Industry research	Positive	-1.2%	Release of top 10 trends in business and commercial banking for 2026.

Pattern Detected

Recent product and marketing news often saw positive or mixed reactions, but two research/event updates drew negative moves, indicating inconsistent responses to similar upbeat announcements.

Recent Company History

Over the past month, Alkami has issued several growth- and engagement-focused updates. A Jan 27 research release on 2026 banking trends and a Feb 3 Co:lab 2026 agenda announcement both highlighted digital innovation but were followed by negative moves. In contrast, the Feb 4 MANTL-related partnership news and a Feb 13 webinar announcement coincided with gains. Today’s BankCherokee platform launch fits this pattern of customer- and capability-focused news aimed at deepening digital adoption.

Market Pulse Summary

This announcement highlights another deployment of Alkami’s Digital Banking Platform with BankCherok...

Analysis

This announcement highlights another deployment of Alkami’s Digital Banking Platform with BankCherokee, a community bank founded over 100 years ago. It underscores themes of efficiency, fraud protection, and business-focused tools like Positive Pay and ACH reporting. Recent history shows Alkami emphasizing webinars, research, and client wins to support its positioning in digital banking. Investors may watch future customer additions, platform adoption metrics, and upcoming earnings on Feb 25, 2026 for evidence that such partnerships translate into durable growth.

Key Terms

positive pay, digital banking platform

2 terms

positive pay financial

"features like Positive Pay & ACH Reporting that help protect our commercial users"

A bank service that helps a company prevent check fraud by comparing checks presented for payment against a preapproved list of issued checks and stopping any that don't match. Think of it as a bouncer checking a guest list before letting people in — it protects a company’s cash, reduces unexpected losses, and signals stronger financial controls, which matters to investors because it lowers operational and credit risk and helps preserve shareholder value.

digital banking platform technical

"has launched Alkami's Digital Banking Platform (Platform) to enhance the digital experiences"

A digital banking platform is the software and online services that let customers open accounts, make payments, get loans and manage money through websites or mobile apps instead of visiting a branch. For investors, it matters because a strong platform can attract and keep customers, lower operating costs, and enable new revenue streams—think of it as a bank’s digital storefront that determines how easily people use and stick with its services.

AI-generated analysis. Not financial advice.

Historic Twin Cities bank launches a new digital experience focused on efficiency, fraud protection, and user-first design

PLANO, Texas, Feb. 18, 2026 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a digital sales and service platform provider for financial institutions in the U.S., today announced that BankCherokee, the oldest family-owned and operated bank in the Twin Cities, has launched Alkami's Digital Banking Platform (Platform) to enhance the digital experiences of its retail and business banking customers.

Founded over 100 years ago, BankCherokee is known for its long-standing commitment to serve its local neighborhoods and businesses. As a bank that values efficiency, community impact, and accelerating innovation, BankCherokee has launched a new digital banking experience to strengthen operations and adapt to the changing expectations of its customers.

"As we look to the future of banking, efficiency and user experience are paramount," said Sean Schaefbauer, vice president, associate chief technology officer at BankCherokee. "We chose Alkami because their Platform offers the kind of secure digital experience our customers expect, along with business-focused features like Positive Pay & ACH Reporting that help protect our commercial users from fraud. It's a solution that aligns perfectly with our mission to serve our community."

Through Alkami's Digital Banking Platform, BankCherokee now offers modern tools for both retail and business customers with a feature-rich, scalable and exceptionally user-friendly digital banking experience. The new Platform enables BankCherokee to connect with customers digitally and give them intuitive tools to manage their accounts through a simple, easy-to-use experience. Business users can take advantage of integrated Positive Pay & ACH Reporting products and features to meet their unique needs, enhance fraud prevention, and improve operational efficiency.

"BankCherokee's legacy of service, combined with a forward-looking digital strategy, makes them an ideal partner," said Taylor Adkins, vice president, product management at Alkami. "By leveraging our Platform, they're now able to streamline operations behind the scenes while delivering an intuitive digital experience that empowers their customers and staff alike."

To learn more about Anticipatory Banking and the Alkami Digital Sales & Service Platform, visit here.

Alkami has been certified by J.D. Power in 2024 and 2025 for providing "An Outstanding Mobile Banking Platform Experience."¹

About Alkami
Alkami provides a digital sales and service platform for U.S. banks and credit unions. Our unified Platform integrates onboarding, digital banking, and data and marketing—each solution can stand alone, but together they deliver more—to help institutions onboard, engage, and grow relationships. As the future shifts toward Anticipatory Banking, we help data-informed bankers meet the moment with technology that drives action.

About BankCherokee
BankCherokee is a family-owned community bank headquartered in St. Paul, MN. Since 1908, it has built trusted relationships with businesses and individuals across the Twin Cities by offering personalized service, transparent lending, and a commitment to community values. Known for making lending decisions quickly and partnering with customers beyond the bottom line, BankCherokee continues to be the financial partner of choice for a new generation of business owners. For more information, visit www.bankcherokee.com.

Media Relations Contacts
Vested
alkami@fullyvested.com

Marla Pieton
marla.pieton@alkami.com

___________________________ 1J.D. Power 2025 Mobile App Platform Certification Program℠  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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/bankcherokee-launches-the-alkami-digital-banking-platform-for-retail-and-business-customers-302691517.html

SOURCE Alkami Technology, Inc.

FAQ

What did Alkami (ALKT) announce on February 18, 2026 about BankCherokee?

Alkami announced that BankCherokee launched its Digital Banking Platform to serve retail and business customers. According to Alkami, the platform provides scalable, user-friendly tools and business features like Positive Pay and ACH Reporting to enhance fraud prevention and operational efficiency.

How will the Alkami platform affect BankCherokee business customers (ALKT partner)?

Business customers gain integrated Positive Pay and ACH Reporting features to reduce fraud risk and streamline payments. According to BankCherokee, these tools are designed to meet commercial needs, improve operational workflows, and strengthen protections for business account activity.

Does the Alkami launch improve fraud protection for BankCherokee, and how?

Yes. The platform adds Positive Pay and ACH Reporting to help detect and prevent unauthorized transactions for business accounts. According to BankCherokee, these features enhance fraud controls and operational oversight for commercial users, aligning with the bank’s security priorities.

What customer experience changes will BankCherokee see from Alkami's platform (ALKT)?

Customers receive a modern, intuitive digital experience for account management across retail and business segments. According to Alkami, the platform focuses on efficiency and user-first design, enabling simpler navigation, digital access, and behind-the-scenes operational streamlining.

Is this Alkami (ALKT) deployment part of a wider recognition of Alkami's platform quality?

Yes. Alkami was certified by J.D. Power in 2024 and 2025 for an outstanding mobile banking platform experience. According to Alkami, those certifications support its positioning as a provider of highly rated digital banking solutions.

What strategic benefits does BankCherokee expect from adopting Alkami's platform (ALKT)?

BankCherokee expects improved operational efficiency and stronger digital engagement with customers while preserving community banking values. According to BankCherokee, the platform aligns with its mission, enabling streamlined operations and enhanced digital services for retail and commercial clients.