Alkami Technology, Inc. Stock Price, News & Analysis

Alkami Technology (Nasdaq: ALKT) announced that Towpath Credit Union has successfully implemented its Digital Banking Platform, completing a comprehensive digital transformation. The Ohio-based credit union replaced its core systems and adopted Alkami's Data & Marketing Solution, resulting in significant improvements in member engagement and business metrics.

Key achievements include over 800 members switching to e-documents, $2.6 million in auto loan business, and an increase in product adoption from 1.7 to 2.45 products per member. The credit union reported a 15% year-over-year revenue growth and improved efficiency ratio despite increased technology investments.

MANTL, an Alkami (NASDAQ:ALKT) solution team, has become the first fintech to offer Plaid Layer integration for regional and community financial institutions. This groundbreaking integration enables traditional banks to deliver the same instant onboarding experience as leading neobanks.

The integration reduces account opening time to just one minute, compared to MANTL's previous average of five minutes for consumers and ten minutes for businesses. Key benefits include up to 25% increase in end-to-end conversion rates and 87% faster signup process. The partnership has already demonstrated success, with over 100 MANTL customers using Plaid solutions reporting 37% higher application booking rates and more than 680,000 accounts opened.

Alkami Technology (Nasdaq: ALKT) announced that AdelFi Credit Union has successfully implemented the Alkami Digital Banking Platform to enhance its digital banking experience. The deployment includes Digital Banking, Data & Marketing Solution, and advanced ACH functionality.

The platform provides AdelFi with tools for both retail and business banking, featuring data-driven insights for targeted member engagement. The implementation aligns with AdelFi's strategic vision of delivering modern, secure banking experiences with ongoing enhancements. Notably, Alkami has received J.D. Power certification in 2024 and 2025 for outstanding mobile banking platform experience.

Alkami Technology (Nasdaq: ALKT) released a comprehensive study on generational trends in digital banking, revealing critical insights about consumer behavior and preferences. The research, conducted with The Center for Generational Kinetics, highlights that 84% of users prioritize digital banking quality when choosing providers, and 50% would switch for better digital experiences.

Key findings show that 41% of consumers would change providers for a 5-minute digital account opening experience, while 37% expect inheritances in the next 10-20 years. The study also revealed a widening relevancy gap, with only 38% of regional bank customers reporting more relevant product recommendations, compared to 53% for neobanks. Additionally, 46% of consumers want better anticipation of their financial needs and are comfortable with AI processing their data for improved banking experiences.

Alkami Technology (NASDAQ: ALKT) has launched Out-of-the-Box Campaigns, a new feature within its Data & Marketing Solution designed for financial institutions. This innovative tool enables banks and credit unions to quickly launch targeted marketing campaigns with minimal setup. The solution includes prebuilt, data-driven campaigns that streamline audience segmentation and allow financial marketers to execute multi-channel engagements rapidly. Key features include ready-to-use campaigns aligned with growth goals, strategic guidance, and automated performance tracking. The platform focuses on objectives like deposit growth, loan engagement, and account holder activation. SF Fire Credit Union is among the early adopters, with their marketing manager highlighting the potential for enhanced marketing efficiency. The feature is part of Alkami's Digital Sales & Service Platform, which has received J.D. Power certification for outstanding mobile banking experience in 2024 and 2025.

MANTL, an Alkami solution team, has partnered with State Employees' Credit Union of Maryland (SECU), Maryland's largest credit union with $5.7B in assets, to modernize its account opening processes. The partnership will implement MANTL's Consumer and Business Deposit Origination solutions across SECU's 23 financial centers and digital channels. The integration will enable members to open accounts in under 5 minutes online and 10 minutes in-branch, with over 85% of application decisions automated through KYC, AML, and BSA processes. SECU, already utilizing Alkami's Digital Banking Platform, will benefit from the combined capabilities to enhance user experience and streamline operations. The implementation aims to drive deposit growth, improve operational efficiency, and provide seamless account opening experiences for both retail and business members across all banking channels.

Alkami Technology (NASDAQ: ALKT) has won the Best New Community award at the 2025 CMX Community Industry Awards for its innovative digital network connecting financial institutions. Launched in April 2024, the platform features role-based permissions, self-registration, real-time analytics, and engagement opportunities. The community achieved remarkable metrics including a 96.6% customer adoption rate, 85% satisfaction score, and membership growth from 275 to over 3,600 users. The platform hosted 35+ events with a 67% attendance rate and 96% satisfaction. The initiative represents Alkami's strategic transformation to enhance customer collaboration and engagement through Gainsight's Customer Communities solution, demonstrating the company's commitment to innovation in both digital banking technology and community building.

Alkami Technology (NASDAQ: ALKT) has released its 2025 Update to the Retail Digital Sales & Service Maturity Model, based on a survey of over 200 U.S. financial institutions. The research reveals that digital maturity significantly impacts banking growth, with the most advanced institutions reporting up to 5x higher annual revenue growth compared to less mature peers. Key findings show that 42% of digitally mature institutions actively use generative AI, compared to 26% of less mature ones. Institution size does not determine digital maturity, with one-third of the most mature having less than $500M in assets. The study identifies distinct advantages in fraud prevention, employee experience, and AI implementation among digitally mature institutions, with 67% able to automatically push targeted marketing to account holders. The research segments institutions into four maturity stages, focusing on how they align culture, strategy, and technology.

Alkami Technology (NASDAQ: ALKT) announced a webinar titled 'Boost Positive Pay Adoption & Stop Check Fraud' scheduled for June 11, 2025. The webinar features experts from Trustmark Bank, U.S. Postal Inspection Service, and Alkami, focusing on check fraud prevention strategies and positive pay adoption. Alkami's Positive Pay Platform showed significant growth with a 47% year-over-year increase in monitored transactions reaching $729 billion in 2024, and successfully prevented $3.6 billion in potentially fraudulent activity, up 36% from the previous year. The webinar, approved for 1.0 CTP/CCM recertification credit, will cover the current state of check fraud, various positive pay types, adoption strategies, and collaboration between law enforcement and financial institutions.