$440 Million Alliance Catholic Credit Union Selects Alkami’s Digital Banking Platform

Plano, Texas, March 19, 2018 – Alliance Catholic Credit Union, a Southfield, Michigan-based credit union with $440 million in assets, has selected Alkami Technology’s digital banking platform to provide its more than 43,000 members with a modern digital banking offering. The new platform will integrate with Alliance Catholic Credit Union’s Member Driven Technologies-hosted Symitar Episys core system.

Alkami’s innovative, omni-channel platform will provide Alliance Catholic Credit Union’s members with a state-of-the-art, personalized digital experience to manage their finances. As a user-friendly, unified digital banking solution, it is consistent across all devices and services including retail, business, bill pay, personal finance management (PFM), marketing, and more. Alkami places a strong emphasis on the end-user experience and considers consumer behavior and device utilization in the platform’s seamless, intuitive design.

“In our search for a streamlined digital banking system, we prioritized data analytics capabilities, a logical user experience, channel consistency, Spanish language support, P2P payments and integrated personal financial management (PFM) capabilities,” said Julie Kreinbring, Executive Vice President, at Alliance Catholic Credit Union. “We aim to provide our members with exceptional service across all channels, making it crucial that we have the ability to tailor the digital experience to the unique needs and preferences of our members. Alkami’s platform provides us with a way to deliver a personalized experience to each member while educating them about financial management and our services.”

Kreinbring continued, “Alkami differentiates themselves from other providers not only by their unique emphasis on the conceptualization of the end user’s experience, but also by their inclusion of FLUX, [Alkami’s data analytics and business intelligence application], consistent updates to the platform and the company’s rare culture. In visiting the Alkami’s headquarters, we found that their team is truly passionate about the experience they create for both their clients and their clients’ end-users. That passion resonates with what we value as an organization – people who are committed to innovation, strategic thinking and making a difference.”

Alkami’s digital banking platform features a fully hosted business intelligence solution featuring analytics, targeted marketing, educational content, dashboards and reporting. Additionally, all aspects of the platform have a highly scalable architecture that efficiently supports large and fast-growing user bases.

“One of the major challenges of the digital age is that credit unions have to offer a digital banking experience that is seamless and user-friendly around the clock. They must provide members with a personalized platform that meets their unique needs quickly or risk frustrating them,” said Stephen Bohanon, founder, chief strategy and sales officer of Alkami Technology. “Alliance Catholic Credit Union is tackling this challenge by having a firm grasp on what their members expect including multi-lingual capabilities and personal financial management software. ACCU is dedicated to providing members first-rate service, and we’re excited to partner with them to bring their members the ultimate digital banking solution that is consistent and customizable.”

About Alliance Catholic Credit Union

Chartered in 1956, Alliance Catholic Credit Union is a $440 million financial cooperative serving more than 43,000 member owners. Any person of the Catholic faith living, working, worshiping or attending school in the state of Michigan is eligible to become a member of Alliance Catholic Credit Union. Alliance Catholic Credit Union actively supports Catholic education, Catholic charities and Catholic parishes. For more information visit: AllianceCCU.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.alkamitech.com, visit them on LinkedIn at www.linkedin.com/company/alkami-technology or on Twitter at @alkamitech.

 

Alkami Technology, Inc. Ranked 13th Fastest Growing Company in Dallas on SMU Cox Dallas 100

Plano, Texas, November 20, 2017Alkami Technology, a digital banking software company for US financial institutions, today announced it was ranked 13th on Southern Methodist University (SMU) Cox Dallas 100TM, a ranking of the top 100 fastest growing privately-held companies in the Dallas area for the period of 2014-2016.

Dallas 100™, co-founded by the Caruth Institute for Entrepreneurship and SMU, honors the ingenuity, commitment and perseverance of the fastest-growing privately held entrepreneurial businesses in the Dallas area.

“We are honored to join the truly extraordinary organizations on the SMU Cox Dallas 100™ in the city we call home.” said Mike Hansen, CEO of Alkami. “Like the other companies on the list, growing fast is the result of bringing together the right fundamental elements in a very rare way to do something extraordinary. For us, 8 years ago two co-founders had the vision to provide the forward-looking financial institutions in the US a cloud-based software platform to inspire and power their digital banking strategies for the future. Our growth has simply been the result of the alchemy of the elements of our vision, our team, our culture, our values, our partners and our clients.”  

“The entrepreneurial spirit that drives these companies helps make Dallas a dynamic city for business,” said Jerry White, the Linda A. and Kenneth R. Morris Endowed Director of the Caruth Institute for Entrepreneurship. “We feel it’s only right to shine the spotlight on their hard work and the contributions they make to our economy.”

Alkami was previously ranked by Inc. Magazine in their annual Inc. 500/5000™ list of the 2017 fastest growing private companies in the US as #176 overall, 11th in the US in the software industry and 1st in Texas in the software industry.  Additionally Alkami was ranked 66th on Deloitte’s 2017 Fast 500TM awards for the fastest growing technology companies in North America.  Further, Alkami was recently ranked 3rd in Tech Titan’s Fastest Growing Companies in North Texas.  Alkami was also recognized as one of the top 10 Coolest Tech Companies to Work for in Dallas in 2017 by DevMountain.

About SMU Cox Dallas 100TM Awards

The Cox School’s Caruth Institute for Entrepreneurship ranks the top 100 Dallas entrepreneurial companies annually based on percentage growth and absolute dollar growth over the previous three years. The Institute, working with the accounting firm BKD LLP CPA and Advisors examined sales from hundreds of companies for 2014 to 2016, the last year for which complete data is available. The winners represent a broad spectrum of Dallas-area businesses. The ranking of the top 100 fastest-growing companies was revealed at the awards ceremony at the Omni Hotel on Thursday, November 16. For more information, contact: [email protected] or 214.768.3689.

About Alkami Technology

Alkami Technology, Inc. provides cloud-based online and mobile banking software solutions for credit unions and banks in the US. Based in Plano, Texas, the company’s multi-tenant, single instance digital banking platform delivers unparalleled functionality, security, flexibility, extensibility, reliability and user experience for the future of digital banking.  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.

$3.4 Billion Veridian Credit Union Launches Alkami’s Digital Banking Platform

Plano, Texas, November 6, 2017 – Veridian Credit Union, a Waterloo, Iowa-based credit union with $3.4 billion in assets, has successfully launched Alkami Technology’s digital banking platform to provide its more than 214,000 members with a modern digital banking offering. The new platform launched to all online and mobile banking users at once, totaling approximately 130,000 users.

“This online and mobile banking conversion was one of the largest transitions we’ve ever asked our members to make,” said Renee Christoffer, Chief Administration Officer at Veridian Credit Union. “We knew choosing the right partner would be vital to its success, and Alkami delivered.”

Prior to working with Alkami, Veridian offered two different desktop and mobile banking platforms, and now Alkami’s digital banking solution gives Veridian’s members access to a single, unified platform that is consistent across all devices and services in a way that is more efficient and convenient for members. Veridian’s new digital banking platform is user-centric and shows all accounts under a single login. The platform also provides the credit union with improved business services and enhanced security features including step-up authentication on high-risk transactions. Read more

Alkami Technology Joins NACUSO as Gold Partner

Newport Beach, CA (October 2, 2017) – The National Association of Credit Union Services Organizations (NACUSO) announced today that Alkami Technology, Inc., provider of online and mobile banking solutions for credit unions based in Plano, Texas, has joined NACUSO as a Gold Partner.

“We are extremely excited to have a company that is an innovator in providing the ultimate in digital banking to the credit union marketplace, on our team,” said Jack Antonini, CEO of NACUSO. “Their support of the only trade association focused on the future on Credit Union Service Organizations (CUSOs) shows their commitment to growing the credit union industry by being competitive in the digital banking space.”

“Today’s members expect sophisticated and seamless digital experiences,” said Stephen Bohanon, founder, chief strategy and sales officer of Alkami Technology. “In response to this shift, we designed Alkami’s digital banking platform with the end user in mind. As consumers set a new standard for how we bank – whether through their smartphone, Amazon AlexaTM-enabled tablet, desktop, or in the branch – credit unions must deliver technology that improves the entire member experience, regardless of channel. We’re proud to partner with NACUSO and provide them with the ultimate digital banking solution.”

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.

About NACUSO

The National Association of Credit Union Service Organizations was formed in 1985 to help credit unions explore the use of CUSOs and the delivery of non-traditional products and services. Over the years, NACUSO’s focus has evolved to helping credit unions form multi-owned CUSOs and participate in collaboration and the cooperative business model.

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.

Alkami Adds Adrianne Court as New Chief Human Resources Officer

Plano, Texas, August 18, 2017 – Alkami Technology, a provider of online and mobile banking solutions for financial institutions, announced today that Adrianne Court has joined the company in the newly created role of chief human resources officer (CHRO).

In this role, Court will report to the President/CEO, be a member of the Office of the Chief Executive and lead the investment in all talent and people programs, aligning to and reinforcing Alkami’s mission, values and business objectives.

Court has more than 20 years of human resources and executive leadership experience across a spectrum of industries and organizations. She and the organizations she has worked with have been recognized as being the best places to work, best places for leaders, and best places for attracting and retaining talent. Most recently, Court was recognized as one of the top women of influence by HousingWire magazine.

Prior to joining Alkami, Court was the CHRO at Caliber Home Loans. She has previously held key HR roles at Cardinal Health, i2 Technologies, Nortel, Transplace and Jamba Juice. She is an active advisory board member of the SMU Cox HR Executive Forum and the CHRO Executive Summit. She is also on the board of Women with Promise and recently co-authored a book that shares personal stories of resiliency.

Court holds a Master of Arts from Southern Methodist University and Bachelor of Arts from Scripps College.

“Adrianne is absolutely the right person, in the right role at the right time for Alkami,” said Michael Hansen, CEO of Alkami. “Our clients count on us for innovative, trusted and relentlessly-advancing solutions. We believe these demands can only continue to be met by bringing together the powerful alchemy of the most talented, compassionate, innovative, committed, aligned and collaborative people. To do so we must lead the way in attracting, retaining, inspiring, supporting, rewarding and developing the best people to join us in this important work. Adrianne has been leading the way in just these areas over the last two and a half decades. Her track record of vision, strategy, programs, process, technology, compliance and results has been phenomenal. We could not be more excited about her joining us.”

 

 

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 security, flexibility, extensibility and a superior architecture 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. Alkami provides the platform as a PaaS 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, 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.

###

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 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.