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Alkami Technology Inc - ALKT STOCK NEWS

Welcome to our dedicated news page for Alkami Technology (Ticker: ALKT), a resource for investors and traders seeking the latest updates and insights on Alkami Technology.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Alkami Technology's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Alkami Technology's position in the market.

News
Alkami Partners with Chimney to Deliver Insights to Homeowners Within Its Digital Banking Solution
Rhea-AI Summary
Alkami Technology, Inc. (Nasdaq: ALKT) has partnered with Chimney™, a fintech transforming how financial institutions use property data, to empower homeowners with the financial tools, data, and insights they need to manage their greatest financial asset within digital banking.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.44%
Tags
partnership
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News
Alkami Telemetry Data Shows Impact of Student Loan Payments on Borrowers
Rhea-AI Summary
Alkami Technology, Inc. (Nasdaq: ALKT) released data showing a 127% increase in student loan payments in October 2023 compared to the previous month. The median new student loan monthly payment was $206, with half of the payments being over $200. This increase in payments comes after the pause on federally-backed student loans ended, putting a strain on borrowers facing volatile economic conditions. The data also revealed that the same group had a median monthly credit card payment of $349, indicating a significant financial commitment for these borrowers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.07%
Tags
none
-
News
Credit Union of Texas Selects Alkami For Its Business Banking Platform
Rhea-AI Summary
Alkami Technology, Inc. (Nasdaq: ALKT) partners with Credit Union of Texas (CUTX) to provide the first online business banking platform, unlocking an untapped market. The business banking solution aims to deliver a market-tested digital banking experience, supporting businesses at every stage of their financial journey through comprehensive payment solutions, seamless sub-user management, and actionable reporting, all built into a secure and scalable platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.94%
Tags
none
News
Quontic Bank Launches Alkami's Digital Banking Solution
Rhea-AI Summary
Alkami Technology, Inc. (Nasdaq: ALKT) announced that Quontic Bank has launched the Alkami Digital Banking Platform, enhancing the user experience for its retail customers. The platform will provide enhanced account opening capabilities and data analytics, leveraging Alkami's wide partner network. Quontic Bank's decision to work with Alkami reflects its commitment to delivering a seamless user experience and competing with major neobanks and fintechs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.04%
Tags
none
-
News
Alkami to Present at Barclays Global Technology Conference
Rhea-AI Summary
Alkami Technology, Inc. (ALKT) executives to present at Barclays Global Technology Conference on December 6, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
Tags
conferences
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News
Alkami to Present at Stephens Annual Investment Conference
Rhea-AI Summary
Alkami Technology, Inc. (Nasdaq: ALKT) announced its participation in the Stephens Annual Investment Conference on November 16, 2023, with key executives presenting. The webcast and replay will be available at investors.alkami.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.02%
Tags
conferences
News
Alkami and Plaid Partner to Provide Financial Institutions with Direct Access to Plaid via the Financial Data Exchange Aligned (FDX) API Core Exchange
Rhea-AI Summary
Alkami Technology, Inc. (Nasdaq: ALKT) has announced a first-to-market partnership with Plaid, enabling its financial institution clients to benefit from direct API access to Plaid's data network, powering over 8,000 financial apps and services. This integration will provide seamless connectivity, standardizing secure data sharing and supporting bank and credit union clients in competing with emerging fintechs and big tech. The FDX aligned API connectivity via Core Exchange will offer a reliable and consistent user experience for end account holders, with highly secure API connections and reduced friction for Alkami-powered financial institutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.02%
Tags
partnership
-
News
Alkami Announces Third Quarter 2023 Financial Results
Rhea-AI Summary
Alkami Technology, Inc. announces Q3 2023 results with total revenue of $67.7 million, a 27% increase compared to the previous year. The company also reports a GAAP gross margin of 54.0% and a non-GAAP gross margin of 58.7%. The net loss for the quarter was ($15.4) million, an improvement from ($20.0) million in the same period last year. Adjusted EBITDA was $0.8 million, compared to a loss of ($4.6) million in the year-ago quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.23%
Tags
earnings
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News
Alkami to Announce Third Quarter 2023 Financial Results
Rhea-AI Summary
Alkami Technology, Inc. to report financial results for Q3 2023 on November 1, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.76%
Tags
earnings
News
Alkami Releases the 2024 Strategies and Budgeting Playbook for Financial Institutions
Rhea-AI Summary
Alkami Technology releases its 2024 Strategies and Budgeting Playbook for Financial Institutions, providing insights and strategies for navigating industry challenges and embracing new priorities and technologies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.53%
Tags
none
Stock ALKT logo
Alkami Technology Inc

Nasdaq:ALKT

ALKT Rankings

#1738 Ranked by Market Cap
#1074 Ranked by Stock Gains
N/A Ranked by Dividends

ALKT Stock Data

2.32B
45.87M
31.9%
54.99%
1.08%
Software Publishers
Information
Link
United States
Plano

About ALKT

alkami technology, inc. provides online and mobile banking solutions for credit unions and banks. based in plano, texas, the company’s flagship product, the orb platform, delivers unparalleled security, flexibility, extensibility and a superior architecture for the future of digital banking. with its modern interface, intelligent content delivery system and customizable feature set, the orb platform is the ultimate digital banking solution for financial institutions.