New Alkami Report Reveals 5 Trends Driving the Digital Banking Landscape – PR Newswire
Research provides a benchmark for FIs to gauge their digital banking transformation success
PLANO, Texas , Aug. 25, 2022 /PRNewswire/ — Alkami Technology, Inc. (Nasdaq: ALKT ) (“Alkami”), a leading cloud-based digital financial solutions provider with regard to banks and credit unions in the U. S., announced the release of its newest research report, ” Five Trends Driving the Electronic Banking Scenery . ” This exclusive statement explores how banks plus credit unions are leveraging technology to improve the customer experience, increase digital engagement and become true partners when it comes to their own customers’ financial well-being.
The report draws on Alkami’s survey associated with executives at 152 financial institutions (FIs) to learn about their particular digital transformation efforts and what trends they were encountering. “FIs are adopting new technologies and processes at breakneck speed, ” said Allison Cerra , Chief Marketing Officer of Alkami. “This rapid digitization is driving true innovation. Our survey uncovered five main trends that FIs should know as they strive to position themselves and plan regarding their successful digital future. ”
- Cashless transactions and contactless payments are becoming the default.
- Cryptocurrency adoption is slow but growing.
- Banks are competing, and partnering, with fintechs.
- There are usually untapped opportunities in micropersonalization.
- Data can help enhance the customer experience.
Additional insights within the full record include:
- The top three strategic priorities intended for digital change.
- Major challenges FIs are facing—and recommendations on how to overcome them.
- Insights into the features customers and members request most often, like digital account opening and digital loan origination .
“FIs need in order to develop a robust end-to-end electronic experience to keep pace with advances in technology and from nonbank innovators that are usually competing to get their clients and users, ” added Cerra. “Those FIs who work in order to futureproof plus evolve their organizations now will be best positioned for growth, engagement and higher return on equity and assets in the long run. inch
Access the particular full review here .
Alkami Technology, Inc. is a leading cloud-based digital banking solutions provider for banking institutions in the United States that enables clients to grow confidently, adapt quickly and build thriving digital communities. Alkami helps clients transform through retail plus business bank, digital accounts opening and digital loan origination, multi-payment fraud prevention, and data analytics plus engagement solutions. To learn more, visit www.alkami.com .
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SOURCE Alkami Technologies, Inc.