Welcome to our dedicated page for Alkami Technology news (Ticker: ALKT), a resource for investors and traders seeking the latest updates and insights on Alkami Technology stock.
Alkami Technology, Inc. (Nasdaq: ALKT) is a technology company that provides a digital sales and service platform for U.S. banks and credit unions, and its news flow reflects this focus on digital banking, onboarding, and data-driven engagement. Company announcements highlight developments across the Alkami Platform, including enhancements for developers, new solution launches, and updates to its partner ecosystem.
Recent news includes the launch of the One-Click Software Development Kit (SDK) Manager, a self-service deployment tool for developers building on the Alkami Digital Banking Platform. Alkami has also introduced Alkami Foundry, a centralized hub for technology leaders, developers, and fintech partners who want deeper insight into the Platform, engineering practices, and integrations. These updates illustrate how Alkami communicates changes that affect developer experience and extensibility.
Alkami’s news also covers solution adoption and partnerships. The company has reported that more than 500 financial institutions are live with its Positive Pay Solutions, reflecting demand for ACH and check fraud protection and commercial onboarding workflows. MANTL, an Alkami solution team focused on loan and deposit account opening, appears frequently in news about partnerships with banks and technology providers, including collaborations that integrate identity, fraud prevention, and real-time liability data into account opening and loan origination.
In addition, Alkami regularly announces details about Alkami Co:lab, its multi-day conference for financial institution leaders and partners. News items describe breakout tracks, keynote speakers, and sessions such as Women in Banking, emphasizing themes like Anticipatory Banking, security and compliance, data and marketing, and the technology powering digital banking. Investors and industry observers can use the ALKT news feed to follow product updates, customer milestones, partnerships, and event-related announcements from the company.
Alkami Technology (Nasdaq: ALKT), a top provider of cloud-based digital banking solutions in the U.S., will present at the William Blair 44th Annual Growth Stock Conference on June 4, 2024. CEO Alex Shootman and CFO Bryan Hill will represent the company. A webcast and replay of their presentation will be available on the company's investor relations website post-conference.
Alkami Technology announced the release of its Generational Trends in Digital Banking Study on May 22, 2024. The study explored millennial financial behaviors and preferences in the context of a significant intergenerational wealth transfer. Key findings include that 73% of millennials feel the rising interest rate environment has impacted their standard of living, and 65% are living paycheck to paycheck. Notably, millennials are 56% more likely to expand their relationship with their primary financial institution over the next year compared to Gen Xers and baby boomers. The study underscores opportunities for regional and community financial institutions to engage with millennials through personalized digital experiences.
Alkami Technology, Inc. awarded four financial institutions for their innovative digital banking strategies through the FIsionaries™ Awards. The honorees showcased exceptional initiatives in member experience, digital transformation, fintech innovation, and culture transformation, highlighting their commitment to excellence and progress in the industry.
Alkami Technology, Inc. (Nasdaq: ALKT) hosted its first external TechFin Hackathon as part of the Alkami Co:lab 2024 programming, showcasing innovation in digital banking. Participants developed cutting-edge projects using Alkami's platform and SDK, fostering creativity and collaboration among financial institutions, fintech partners, and system integrators. Notable projects included various widgets enhancing online banking experiences. The hackathon highlighted exceptional innovation from participants across different financial institutions, emphasizing Alkami's commitment to driving innovation in digital banking.
Alkami Technology, Inc. announced its first quarter 2024 financial results, showcasing a 26.9% increase in GAAP total revenue, a rise in gross margin, and positive adjusted EBITDA. The company continued to gain market share, renewing contracts with key clients, and expanding its user base. With a focus on digital banking solutions, Alkami reported strong growth and revenue per user, positioning itself well for future success.
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