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Mastering Business Banking Digital Maturity

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Discover how the most digitally mature organizations achieve 10x more revenue growth than peers.

Are your business banking solutions keeping pace with evolving expectations? Based on market research, Alkami’s Business Banking Digital Maturity Model reveals the four distinct cohorts for financial institutions that offer business banking – Cautiously Modernizing, Optimistic Believers, Emerging Pioneers and Tech Titans. Among the most digitally mature organizations, those who invest in user experience, prioritize employee productivity, and lead with a strategic mindset are experiencing revenue growth nearly 10x higher than their peers.

This discussion with Alkami’s Chief Marketing Officer, Allison Cerra, and VP, Product Management, Taylor Adkins, explores research findings that benchmarked U.S. financial institutions revealing:

  • A strong correlation between digital maturity and revenue growth.
  • Three foundational pillars that define business digital maturity: user experience (UX), employee productivity and mindset/culture.
  • Financial institutions that prioritize digital investment and execution are more likely to view megabanks as their primary competitors and to quickly close gaps in their digital offerings.
  • Asset size does not define digital leadership as some institutions punch above their weight, while some of the larger banks and credit unions trail behind.

Ready to elevate your institution’s operations and position your institution as a trusted partner for business owners? Benchmark your institution against industry peers and discover actionable insights that will help you create a strategy for growth.

How digitally mature is your institution’s business banking?

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