Alkami Technology, Inc. Named to Inc. 5000’s Fastest-Growing Companies

Plano, Texas, August 17, 2017 – Alkami Technology, a provider of online and mobile banking
solutions for US financial institutions, announced it was among America’s 5000 fastest-growing
privately-held companies as part of the 2017 Inc. 5000. Alkami was ranked 176th overall, 11th
in the Software industry and 1st in Texas in the Software industry.

The 2017 Inc. 5000 list was unveiled online at Inc.com, with the top 500 companies
being featured in the September issue of Inc. Magazine (available on newsstands August 16)
and is the most competitive crop in the list’s history. The average company on the list achieved
a three-year average growth of 481%. The Inc. 5000’s aggregate revenue is $206 billion, and
the companies on the list collectively generated 619,500 jobs over the past three years.

“We are incredibly honored to be named to the Inc. 5000 list,” said Mike Hansen, CEO of
Alkami. “We are in what we believe are the early stages of the digital transformation of banking.
Already the implications are being manifest in marked results in market positions, customer
engagement, delivery strategies and the like. Financial institutions look to Alkami to provide their
customers/members with innovative, elegant, intuitive, mobile, reliable, secure, connected and
continuously advancing digital banking solutions to achieve their objectives in this age. We have
been able to bring together the vision, the innovators, the owners, the team, the solutions, the
community and the clients to meet these needs. This alchemy of elements has resulted in
Alkami’s place on this revered list of privately-held growth companies in America.”

Alkami’s digital banking solution is a modern, cloud-based unified platform that provides
financial institutions with an elegant user interface for their clients/members across all channels
and functional offerings including retail, business, mobile, bill pay, personal finance
management (PFM), marketing and more. Additionally, the platform also features a fully hosted
business intelligence solution featuring analytics, fraud/risk detection, targeted marketing, educational content, dashboards and reporting.

Alkami’s complete profile can be found at https://www.inc.com/profile/alkami-technology.

Methodology
The 2017 Inc. 5000 is ranked according to percentage revenue growth when comparing 2013 to
2016. To qualify, companies must have been founded and generating revenue by March 31,
2013. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or
divisions of other companies—as of December 31, 2016. (Since then, a number of companies
on the list have gone public or been acquired.) The minimum revenue required for 2013 is
$100,000; the minimum for 2016 is $2 million. As always, Inc. reserves the right to decline
applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September
issue. Complete results of the Inc. 5000, including company profiles and an interactive database
that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

About Inc.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand
dedicated exclusively to owners and managers of growing private companies, with the aim to
deliver real solutions for today’s innovative company builders. Winner of the National Magazine
Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the
brand has grown significantly from 2,000,000 in 2010 to over 18,000,000 today. For more
information, visit www.inc.com.

About Alkami Technology
Alkami Technology, Inc. provides online and mobile banking solutions for credit unions and
banks. Based in Plano, Texas, the company’s digital banking platform delivers unparalleled
functionality, security, flexibility and extensibility with a superior architecture designed for the
future of digital banking. With its modern interface, fully hosted business intelligence solution
and customizable feature set, the platform is the ultimate digital banking solution for financial
institutions. For more information about Alkami, please visit www.alkami.com, visit them on
LinkedIn at www.linkedin.com/company/alkami-technology or on Twitter at @alkamitech.

Alkami Unveils New Series of Amazon Alexa Skills

Plano, Texas, June 5, 2017 – Alkami Technology, a provider of online and mobile banking

solutions for financial institutions, released its latest offering in the form of an Amazon AlexaTM

Skill. Alexa, the cloud-based voice service that powers Amazon Echo and other Alexa-enabled

devices, now integrates with Alkami’s public API using CUFX standards, a credit union API

specification, positioning the digital banking provider as a true technology leader in the financial

industry.

With Alexa reaching more than 10,000 skills in February, the abilities of the voice service are

growing quickly. This new Alexa skill, revealed at Alkami’s recent client conference, allows the

Alexa user to ask for balances, track spending, transfer money and even pay bills, which

increases the set of financial services skills that Alexa can perform. The skill is available to all

Alkami clients that leverage the SDK and API set of the platform, and it has the ability to

enhance the way its clients’ customers interact digitally with their finances.

Accounts are linked between Amazon and the Alkami client using OAuth 2.0, a protocol that

allows for secure authorization in a simple method from network applications, as well as the

user’s online banking credentials. All communications are done using RESTful calls utilizing the

CUFX standards, ensuring security and ease of use for the financial institution as well as the

user.

“The ability to seamlessly interact with the Alkami API using the CUFX specifications and secure

it using the OAuth 2.0 standard has opened the door to many integration options, the first of

which is this Alexa Skill,” said Eddie Wassef, principal architect at Alkami Technology. “By

utilizing this security standard and our API financial institutions can enable third party

developers or even internal teams to create value-add services quickly and efficiently.”

The Alkami API has implemented the CUFX standards since version 3.0, and they are currently

in use with its mobile application. This open, vendor-agnostic broad integration standard allows

credit unions and vendors to reduce the time and cost of systems integration.

“Utilizing well-known industry and technology standards allows Alkami to build a robust whitelabeled

solution that enables financial institutions to extend their product offering, experiment

rapidly with new technologies and dive headfirst into the Internet of Things,” said Stephen

Bohanon, founder, chief strategy and sales officer at Alkami Technology. “Today, it’s Alexa;

tomorrow, it might be ATMs that use NFC from your phone to authenticate you or an automotive

integration that lets you ask your vehicle if you have any outstanding bills and even pay them

while you’re commuting to work. Accessing and manipulating the financial data is no longer a

factor with the secured, standard API, allowing us to provide comprehensive, unparalleled

service to our clients.”

About Alkami Technology

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

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. Alkami provides the

ORB Platform as a SaaS solution. For more information about Alkami, please visit

www.alkamitech.com, visit them on LinkedIn at www.linkedin.com/company/alkami-technology

or on Twitter at @alkamitech.

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$2.4 Billion Sandia Laboratory FCU Selects Alkami ORB Digital Banking Platform

Plano, Texas, June 19, 2017 – Sandia Laboratory Federal Credit Union (SLFCU), New Mexico’s largest credit union with $2.4 billion in assets, has selected Alkami Technology‘s ORB platform to transform its digital banking offering for its 84,000 members.

Alkami’s ORB will provide SLFCU’s members with a convenient way to manage their finances. Users will have access to a modern, consistent digital banking platform that is user-friendly across all devices and functions including retail, mobile, bill pay, personal finance management (PFM), Person-to-Person payments, marketing and more. After SLFCU’s conversion to the Corelation Keystone core operating system in late 2018, the credit union’s business members will also be able to take advantage of the Alkami online banking system. Additionally, the platform allows SLFCU to build its own apps and product extensions as well as integrate new features and functions for all lines of business, creating a highly customizable user experience.

“Alkami Technology was selected for a number of reasons, including the ability to incorporate both retail and business accounts on a single platform, providing a more robust experience for business members,” said Srinivasa Sastri Siravuri, SLFCU’s chief information officer. “In addition, the Alkami platform offers improved infrastructure and monitoring, as well as the opportunity for SLFCU to introduce future technological improvements in the online and mobile channel faster and more seamlessly.”

ORB’s highly scalable architecture easily supports broad and fast-growing user bases. It also houses an integrated content management system that delivers dynamic, real-time, one-to-one product marketing and educational content with visibility into cross selling opportunities. ORB allows SLFCU to successfully promote tailored products and services to both its retail and business members in a way that is relevant and timely.

Robert Chavez, president and CEO of SLFCU, added, “We’re looking forward to being able to offer our members a more intuitive and engaging user experience, with relevant content delivery, real-time alerts, and enhanced personal financial management tools. The single platform across all devices will mean a more integrated look and feel, as well as improved functionality for our members.”

“The importance of a consistent experience across retail and business digital banking platforms is increasing as the entrepreneurial spirit of younger generations grows,” said Stephen Bohanon, founder, chief strategy and sales officer of Alkami Technology. “Millennial business owners expect a user-friendly digital banking experience that is just as advanced and uniquely tailored to them as their retail experience. To win the business of these consumers, innovative institutions like SLFCU are updating their digital banking platforms, ensuring that a homogeneous experience is available for all types of accounts. SLFCU is making it a priority to stay innovative, and we’re excited to partner with them to achieve their goals.”

 

About Sandia Laboratory Federal Credit Union

Sandia Laboratory Federal Credit Union is New Mexico’s largest credit union by asset size,

and serves more than 84,000 members with eight branches in the Albuquerque, New

Mexico area and two in Livermore, California. SLFCU currently holds over $2.4 billion in

assets and is consistently ranked among the top credit unions for total financial return to

members by Callahan and Associates, Washington, D.C. (www.creditunions.com). Formed in

1948 by employees of Sandia National Laboratories, the field of membership served by

SLFCU now includes a number of companies in New Mexico and California. Employees of

those companies and their family members use SLFCU for financial services that include

checking, savings, home mortgages, auto loans, credit and check cards, and investment

services. Members enjoy a nationwide, surcharge-free ATM system and free online and

mobile account services. The Credit Union is federally insured by the National Credit Union

Administration (NCUA).

 

About Alkami Technology

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 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. Alkami provides the ORB Platform as a SaaS solution. For more information about Alkami, please visit www.alkamitech.com, visit them on LinkedIn at www.linkedin.com/company/alkami-technology or on Twitter at @alkamitech.

Alkami Announces Tremendous Success After Record-Attending Client Conference

Plano, TX, May 15, 2017 – After Alkami Technology, Inc.’s successful client conference last month, the digital banking provider announced it has experienced substantial growth over the last year. Not only has the company met several notable milestones, but it also experienced a 58 percent increase in attendance at its annual conference compared to the previous year, demonstrating a strong and growing demand for its ORB digital banking platform.

 

Since January 2016, Alkami has:

  • Increased its total live client base by 38%;
  • Grown its live users by 103%, with approximately 2.2 million users now live on ORB; and
  • Grown its contracted users by 51%, with approximately 3.4 million total users contracted.

 

In 2016 alone, the company added 15 new clients, including Phoenix, Ariz.-based Desert Schools Federal Credit Union; Denver-based Bellco Credit Union; New York-based Bethpage Federal Credit Union; SECU of Maryland, headquartered in Linthicum, MD and many others.

 

To support Alkami’s rapid growth, the company increased its employee base by 48 percent since January 2016. Alkami also made several key hires, including Mark Haney as Chief Technology Officer and the promotion of Mary Nelson as Chief Delivery Officer. Starting the year strong, Alkami added 45 employees in the first quarter of 2017.

 

Alkami is an innovator in providing the ultimate in digital banking to the marketplace by enhancing the overall experience and increasing the value of the digital channel to the user and the financial institution with its flagship product, the ORB platform. The success of ORB is demonstrated by the ongoing growth of its platform, which is on track to continue rising in popularity and demand.

 

“Digital banking usage continues to outpace branch banking,” said Stephen Bohanon, founder, chief strategy and sales officer of Alkami Technology. “In fact, Javelin recently forecasted that 81 percent of U.S. adults will use mobile banking by 2020. There is truly no end in sight for the demand of digital services, and Alkami continues to see tremendous growth, indicating strong demand for our platform specifically.”

 

Bohanon continued, “But financial institutions cannot just simply offer digital banking services. They must differentiate themselves in the marketplace by strategically and intelligently improving the user experience. To remain competitive, many financial institutions have turned to us to improve the experience and deliver the ultimate digital banking platform – not just a banking app to check account balances. They are revolutionizing the digital space and we’re excited to be a part of that venture.”

 

About Alkami Technology

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 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. Alkami provides the ORB Platform as a SaaS solution. For more information about Alkami, please visit www.alkamitech.com, visit them on LinkedIn at www.linkedin.com/company/alkami-technology or on Twitter at @alkamitech.

Open Technology Solutions Collaborates with CUFX and Alkami to Modernize Integration Technique

Plano, Texas, March 27, 2017 – In collaboration with Alkami Technology, a provider of online and mobile banking solutions for financial institutions, and CUFX, a credit union API specification, Open Technology Solutions (OTS) is modernizing integration techniques with the launch of its latest OTS web services framework (OTS WSF). The new framework will integrate Alkami’s ORB platform with OTS’ credit unions, including Bethpage Federal Credit Union, Bellco Credit Union and SECU of Maryland.

Single Sign On (SSO) is used in some cases, but when tighter coupling and deeper integration is needed between third-party system providers, such as Alkami and external banking systems, the OTS WSF provides a single and consistent way to register, log, secure and manage the performance of a large number of complex web services. Whether the web services are RESTful, SOAP over HTTP, or a unique protocol to a third-party, the OTS WSF allows IT operations to know which web service is being used for which credit union and between which third-party.

“Knowing the health of a web service, how it is performing, logs to identify issues and a single security architecture have been key design elements,” said Scott Preble, chief technology officer for OTS.  “This is important to what can quickly become a large and complex number of services integrated between many systems for many mobile and online members.”

CUFX, a credit union API specification, has now been incorporated into the OTS WSF. Instead of using unique APIs for each third-party integration, OTS has asked all third-party providers, such as credit card processors, check imaging systems and others, to use the CUFX specification. This will eliminate long learning curves for each unique API and simplify the understanding for computer-to-computer integration using standard web services for transferring machine readable file formats such as XML and JSON.

Preble continues, “The benefits of this new framework are countless. It’s much easier and streamlined, as well as significantly less costly. Time to market has improved, providing financial institutions a solid way to quickly roll out new services. And it’s simple for vendors. Everyone is happy.”   

Rich Jones, marketing and business development consultant for CUFX, added, “Integrations can be a significant technical barrier that not only hurt credit unions, but also their members. Every single project, application, product and new service requires integration with the core system – often a painful process. But OTS has streamlined that process by incorporating the CUFX specification into its new framework, enabling technology providers like Alkami and others to efficiently integrate into the core system, which in turn allows credit unions to quickly deliver new products and services to members. This is truly the future of banking.”

By incorporating the CUFX specification into the framework, real savings for OTS, Alkami and other banking third-parties have been realized, such as significant savings in time and in real expense. In fact, Alkami believes they have saved more than 140 hours related to development, which also reduces expenses for credit unions.

“The financial industry is constantly evolving and consumer expectations quickly change,” said Stephen Bohanon, founder, chief strategy and sales officer of Alkami Technology. “To stay relevant and competitive, financial institutions must be able to quickly and efficiently offer new services, which requires a true partnership with technology providers. By leveraging the CUFX specification, third-party vendors can rapidly integrate into existing systems, which not only allows the institution to remain highly innovative and at the cutting edge, but also provides for significant savings, both in development costs and time. This is truly a win-win and we’re proud to be a part of such a monumental initiative.”   

About Open Technology Solutions

Open Technology Solutions, LLC (OTS) is a Credit Union Service Organization (CUSO) providing information technology services to its three, owning-credit unions and another CUSO:  Bethpage Federal Credit Union (Bethpage FCU), Bellco Credit Union (Bellco), SECU of Maryland (SECU) and S3 Shared Service Solutions, LLC (S3). Based in Centennial, Colorado, the company delivers a broad range of remote and on-site managed information technology services including infrastructure, security, core business application and software development/integration services.  For more information about OTS, please visit www.open-techs.com. 

About Credit Union Financial Exchange (CUFX)

The Credit Union Financial Exchange (CUFX) is an initiative of the CUNA Technology Council dedicated to promoting a broad technology integration standard to improve the member experience, enable innovation and reduce complexity and operating expenses. CUFX and The CUNA Technology Council is one of six CUNA Councils, a network of more than 6,200 credit union professionals. For more information, visit cufxstandards.com.

About CUNA
With its network of affiliated state credit union leagues, Credit Union National Association (CUNA) serves America’s credit unions, which are owned by more than 100 million consumer members. Credit unions are not-for-profit cooperatives providing affordable financial services to people from all walks of life. For more information about CUNA, visit cuna.org or follow @CUNA on Twitter. For more information about credit unions, visit aSmarterChoice.org and follow @asmarterchoice on Twitter.

About CUNA Technology Council

The CUNA Technology Council is a member-led organization of credit union technology professionals dedicated to sharing information with its members and promoting the advancement of credit union technology. The CUNA Technology Council is one of six CUNA Councils, a network of more than 6,200 credit union professionals. For more information, visit cunacouncils.org.

About Alkami Technology

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 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. Alkami provides the ORB Platform as a SaaS solution. For more information about Alkami, please visit www.alkamitech.com, visit them on LinkedIn at www.linkedin.com/company/alkami-technology or on Twitter at @alkamitech.

Alkami Names Mary Nelson as Chief Delivery Officer

Plano, Texas, Nov. 21, 2016 Alkami Technology Inc., a provider of digital banking solutions, announced today that Mary Nelson has been named as chief delivery officer effective November 21st. In this role, Nelson will be a member of the Office of the CEO and play a key role in providing local and focused executive leadership for all client delivery, services and support efforts.

Alkami engaged an external executive search firm to scour the country for the right person. In the end, the best talent was already at Alkami as the VP of Delivery. Mary has proven to be an extraordinary leader with a passion, style, character and skill set to be the right choice for this role. She has a strong track record of building high-performing teams and delivering strong results at Alkami.

Prior to joining Alkami, Mary served as the senior vice president at Monitise, Inc. where she provided implementation leadership for clients including Visa, Inc. and the top 20 US banks. She also served as the vice president of customer services at Mblox where she led the implementation, support and billing services to clients around the world at a time of tremendous growth.

Mary earned her Bachelor of Business Administration Degree with a double major in Finance and Management from the University of Portland where she graduated with honors. She also earned her MBA from Portland State University.

About Alkami Technology

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 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. Alkami provides the ORB Platform as a SaaS solution. For more information about Alkami, please visit www.alkamitech.com, visit them on LinkedIn at www.linkedin.com/company/alkami-technology or on Twitter at @alkamitech.

Alkami Names Mark Haney as Chief Technology Officer

Plano, Texas, Oct. 24, 2016 – Alkami Technology Inc., a provider of digital banking solutions, announced today that Mark Haney has joined the company as its chief technology officer effective September 26th. In this role, Haney will be a member of the Office of the CEO and play a key role in leading Alkami’s technology strategy and all aspects of the company’s technological development, quality assurance, cloud infrastructure, corporate IT infrastructure and information security.   

Haney brings more than 17 years of experience in software development and information technology to Alkami. He has demonstrated success in entrepreneurial and large-scale global organizations in a range of industries, including Trilogy, Lockheed Martin, Ford Motor Company, Toyota and Nokia. In these roles Haney has earned a reputation and track record of exceptional results in technology innovation, scaling, reliability and security for large and complex enterprises. Mr. Haney joins Alkami as the company advances its investments in technology talent and expertise for the future.

Most recently, Haney led the engineering team as chief technology officer at ExamSoft Worldwide, Inc., overseeing all development, IT and product initiatives. He was very successful in driving the product roadmap, strategic partnerships and technology integrations, as well as contributing to the overall vision for the company. During his tenure, the customer base grew nearly six times to over 1,200 institutions in 8 countries, including many of the most recognized academic institutions in the world such as Harvard Medical School, Cornell Weill School of Medicine and the National University of Singapore. Prior to Examsoft, he served as General Manager for Artemis International, leading a global enterprise software company serving Global 2000 clients in nearly a dozen countries leading their Product & Portfolio Management software needs.

Haney earned a Bachelor of Science from Carnegie Mellon University’s School of Computer Science with a dual degree in Information Systems Management, where he graduated Magna Cum Laude. He also earned a Masters of Business Administration from Southern Methodist University’s Cox School of Business, where he graduated with honors. Haney was recently named a D CEO magazine finalist for its inaugural CIO/CTO Awards, which honors chief information officers, chief technology officers and others in top IT posts in North Texas. 

“We were searching the country for just the right person to join our executive leadership team here in our headquarters that was a technologist through and through and was also smart and possessed a strong vision for the future of technology, a broad experience base with the best companies, a passion for innovation, a commitment to excellence, boundless energy, and rock-solid character. We found all of that in Mark,” said Michael Hansen, CEO of Alkami Technology. “At Alkami, we are absolutely focused on our mission to deliver the most elegant, intuitive, engaging, secure, integrated, extensible, and evolving digital banking platform to the most digitally-focused financial institutions in America. We conducted a nationwide search to find the right candidate for our chief technology officer and Mark is the perfect addition.”

Hansen continued, “We have tremendous FinTech technology depth and were looking for an innovator from outside our space to complement and extend us. He is a technologist at heart and has repeatedly demonstrated the ability to envision and reliably deliver new and truly innovative technology solutions in his prior roles. We are confident that his competence, experience and character will play a pivotal role in creating and delivering an ever more enabling digital banking platform for our customers.”

About Alkami Technology

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 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. Alkami provides the ORB Platform as a SaaS solution. For more information about Alkami, please visit www.alkamitech.com, visit them on LinkedIn at www.linkedin.com/company/alkami-technology or on Twitter at @alkamitech.

Open Technology Solutions Selects Alkami’s ORB Platform to Strengthen Digital Banking Experience at Member Credit Unions

Plano, Texas, Oct. 17, 2016Alkami Technology, a provider of online and mobile banking solutions for financial institutions, announced that Open Technology Solutions (OTS), a Centennial, Colo.-based Credit Union Service Organization (CUSO), has selected its ORB digital banking platform to provide OTS’s member credit unions, including Denver-based Bellco Credit Union, New York-based Bethpage Federal Credit Union (Bethpage FCU) and Baltimore-based SECU of Maryland (SECU), with a modern and highly-customizable digital banking platform for more than 750,000 members. Alkami’s ORB platform will integrate with each credit union’s Fiserv DNA core system.

Alkami’s ORB platform will provide OTS and its member credit unions with  enhanced digital banking by providing an elegant and consistent user interface. It provides a modern, unified platform across all devices and functional offerings, including retail, business, mobile, bill pay, personal finance management (PFM), Person-to-Person payments, marketing and more. ORB has a highly scalable and distributed architecture, which enables the platform to support growing user bases. Additionally, OTS’ member credit unions can build their own apps and product extensions, as well as integrate new features and functions using the flexibility of Alkami’s platform.

“As part of developing a robust digital strategy, we began searching for a platform that was focused around the user experience and offered consistency across all channels to better attract, serve and retain members,” said Mike Atkins, CEO at Open Technology Solutions. “With Alkami’s ORB platform, our member institutions can deliver the same capabilities across different platforms while optimizing the user experience. Our credit unions will seamlessly consolidate various alert platforms, and we expect ORB will increase member engagement with our digital channels, as well as serve as a strong acquisition tool for prospective members.”

“When evaluating various digital banking platforms, the primary criterion was that it provides an exceptional, modern user experience,” said Kyle Markland, chief operating officer of Bethpage Federal Credit Union. “Alkami stood out against others because it’s not a one-size-fits-all solution, but rather a flexible platform that can be highly customized to the needs of each institution and its members. We’re confident that ORB will allow us to better attract future generations of members who may manage their finances primarily in a mobile environment.”

ORB also features an integrated content management system that delivers one-to-one product marketing and cross sell opportunities. This enables OTS’s member credit unions to effectively promote products and services that are tailored and relevant.

“According to Javelin, half of the U.S. adult population now banks using smartphones and tablets – an increase of 29 million since last year,” said Stephen Bohanon, chief strategy and sales officer of Alkami Technology. “This increase indicates a strong shift in consumers’ preference, placing greater pressure on institutions to ensure a superior digital experience. Institutions like Bellco, Bethpage FCU and SECU recognize this, and in response, are innovating their digital channels to meet new demands. We look forward to supporting this journey as their digital banking partner of choice.”

About Open Technology Solutions

Open Technology Solutions, LLC (OTS) is a Credit Union Service Organization (CUSO) providing information technology services to its three, owning-credit unions and another CUSO:  Bethpage Federal Credit Union (Bethpage FCU), Bellco Credit Union (Bellco), SECU of Maryland (SECU) and S3 Shared Service Solutions, LLC (S3). Based in Centennial, Colorado, the company delivers a broad range of remote and on-site managed information technology services including infrastructure, security, core business application and software development/integration services.  For more information about OTS, please visit www.open-techs.com.

About Alkami Technology

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 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. Alkami provides the ORB Platform as a SaaS solution. For more information about Alkami, please visit www.alkamitech.com, visit them on LinkedIn at www.linkedin.com/company/alkami-technology or on Twitter at @alkamitech.

Alkami Technology Recognized as a Company to Watch in American Banker and BAI’s 2016 FinTech Forward Rankings

Plano, Texas, Oct. 5, 2016 – Alkami Technology, a provider of online and mobile banking solutions for financial institutions, was recognized as a “Company to Watch” as part of the 2016 FinTech Forward rankings released by American Banker and BAI at BAI Beacon, which is being held in Chicago.

The FinTech Forward Companies to Watch highlights the most promising, innovative startups and recent market entrants bringing compelling new offerings and solid business models to fintech. Named alongside 20 other high-impact startups, Alkami was honored for helping shape the future of the financial services industry. This select group of companies is chosen by an advisory board comprised of industry experts from BAI and other financial services leaders.

“Financial services companies are increasingly turning to vendors to augment legacy technology, better understand data and provide customers with products that hold up across the digital universe,” said Robert Barba, technology editor of American Banker. “The companies we recognize as members of the FinTech Forward rankings are giving banks the tools they need to handle the challenges and opportunities they face.”

Alkami’s ORB is a modern, unified platform that provides financial institutions with an elegant user interface across all channels and functional offerings, including retail, business, mobile, bill pay, personal finance management (PFM), Person-to-Person payments, marketing and more. It delivers the ultimate digital banking experience to consumers, providing them a convenient way to manage their finances. Additionally, ORB’s intelligent content delivery system allows institutions to successfully promote products and services that are tailored, relevant and timely. Banks and credit unions are able to build their own apps and product extensions that can be easily integrated for all lines of business.

Because of Alkami’s drive to enhance the digital banking marketplace, the company has achieved several notable milestones. Alkami grew its live user base 1334 percent (to 1.8 million users) and its contracted users 574 percent (to 3,020,187 users) over the last three years.

“According to the Federal Reserve Board’s Consumers and Mobile Financial Services 2016 study, the banking industry continues to see growth in mobile banking, with nearly half of adults with smart phones using mobile apps to bank – a four percent increase from last year,” said Stephen Bohanon, founder, chief strategy and sales officer of Alkami Technology. “As mobile banking becomes commonplace, what will set financial institutions apart will no longer be whether they offer it. It will be based on the user experience brought about by great design and tightly coupled integration across the enterprise. ORB gives banks and credit unions a competitive advantage by placing a strong emphasis on delivering the ultimate digital banking experience. We’re committed to helping our clients offer truly innovative services, and being named a Company to Watch is a testament to that commitment.”

About Alkami Technology

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 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. Alkami provides the ORB Platform as a SaaS solution. For more information about Alkami, please visit www.alkamitech.com, visit them on LinkedIn at www.linkedin.com/company/alkami-technology or on Twitter at @alkamitech.

$2 Billion Idaho Central Credit Union Launches Alkami’s ORB Platform to Support Business Members’ Digital Banking Needs

Plano, Texas, Oct. 3, 2016 Alkami Technology, a provider of online and mobile banking solutions for financial institutions, announced that Chubbuck, Idaho-based Idaho Central Credit Union (ICCU) has successfully launched its ORB digital banking platform for its consumers as well as its growing business banking users to provide a customized and innovative experience. ORB seamlessly integrates with ICCU’s Fiserv DNA® core platform.

ICCU is delivering the ultimate digital banking experience to its members, and is supporting commercial members’ digital banking needs by launching Alkami’s ORB platform and new business banking product.  This new business banking product enables ICCU to compete with regional and national commercial banks for business accounts by offering a seamless, modern digital banking platform with business features such as ACH, wires, bill pay, and external transfers.

Alkami’s ORB offers a highly competitive business banking product suite for small to mid-size businesses with up to 500 employees. In addition to ACH, Wire, bill pay and external transfers, it also features dual authorizations, entitlements, payment templates, ACH upload and several other of the most popular business banking requirements. ORB enables businesses to manage their employees, payroll and vendors with the same fully integrated, cohesive experience that retail and mobile banking provides to consumers. With 27 financial institutions currently contracted for this service, Alkami is experiencing strong demand for their business banking solution.

“Business banking is becoming a greater emphasis for us,” said Shannon Marshburn, eCommerce Product Manager at Idaho Central Credit Union. “Our mission is to help our members seamlessly manage their finances by providing exceptional service and diverse products. To accomplish that mission, we recognized that we must invest in an innovative digital banking platform that not only delivers a consistent and enjoyable experience for both our retail and commercial users, but one that provides the features our business members need. ORB was that platform for us. We’re thrilled to have had a successful launch for our members and look forward to growing our business banking portfolio.”

“Digital banking for commercial clients is increasingly a major focus for financial institutions, especially as they look for ways to compete with regional and national commercial banks,” said Stephen Bohanon, founder, chief strategy and sales officer of Alkami Technology. “To remain competitive, the most innovative institutions like ICCU are updating their digital banking platforms with the business member in mind, ensuring that the features those members need and want are available. Coupled with an exceptional user experience, ICCU will deliver the ultimate digital banking platform, and we’re excited to be a part of that.”

About Idaho Central Credit Union

Headquartered in Chubbuck, Idaho, Idaho Central is Idaho’s largest credit union and offers 27 full-service locations throughout the state. We continue to look for expansion opportunities in order to meet the needs of Idahoans. While growth is vital to our success, we remain focused on our mission, “Helping members achieve financial success,” by providing exceptional service and diverse products to our membership. For more information, please visit www.iccu.com, visit them on Twitter at @Idaho_Central or on Facebook at www.facebook.com/IdahoCentralCreditUnion.

About Alkami Technology

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 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. Alkami provides the ORB Platform as a SaaS solution. For more information about Alkami, please visit www.alkamitech.com, visit them on LinkedIn at www.linkedin.com/company/alkami-technology or on Twitter at @alkamitech