Alkami Research conducted a study that surveyed bank and credit union banking platform decision makers/influencers and found that the top three anticipated risks in order of highest to lowest levels of concern for financial institutions in 2025 are: cyberthreats, uncertain interest rates, and loss of deposits.
However, that is not the whole picture: Alkami Research has data covering this topic over the past four years, and as the chart above shows, these risks have shifted over time. For instance, ‘cyberthreats’ has been a risk factor for many years, however recently it has jumped to the number one perceived threat. Whereas ‘the interest rate environment’ saw its highest risk threat level in 2023 and has been dropping since.
When narrowing in on the concerns of banks specifically, loss of deposits is their biggest fear in the coming months, whereas credit unions are much more concerned about loan defaults.
Banks remain cautious about keeping deposits, and as mentioned in last week’s chart, fraud and cybersecurity remain a significant concern. For financial institutions, the most important action to be taken now is making sure the institution has a multi-layered approach to combatting fraud. In this Alkami blog, Secure Banking for Financial Institutions and Account Holders in 2025 a framework is provided for banks and credit unions to systematically enhance their fraud strategy, as well as educate account holders on being the first line of defense.