Company Overview - Alkami is a cloud-based digital banking platform serving U S financial institutions [5] - The company enables FIs to effectively compete with larger, more technologically advanced competitors [6] - Alkami empowers FIs to grow, drive user engagement, and improve operational efficiency [8] Market Opportunity and Strategy - Alkami's addressable market includes FIs with assets from $100 million to $450 billion, representing over 250 million digital users [11] - The total addressable market (TAM) is approximately $14 billion, based on 250 million digital users and $58 revenue per user (RPU) [12, 13] - The company focuses on the top 2,500 FIs, excluding megabanks, with an industry average contract length of 5 years, translating to approximately 500 annual renewals [16] - MANTL acquisition positions Alkami as a premier digital banking provider, expanding the market and stimulating go-to-market strategy [31] Financial Performance and Guidance - Q2 2025 revenue growth was 36%, driven by the MANTL acquisition, new clients, user growth, and ARPU growth [45] - The company's ARR increased 32% to $424 million [46] - Remaining performance obligation (RPO) reached $1.6 billion, representing 3 7 times live ARR [46] - Full year 2025 revenue guidance is $443 million to $447 million, with adjusted EBITDA guidance of $51 5 million to $54 0 million [69]

[Company Overview](index=1&type=section&id=Company%20Overview) Alkami Technology, Inc. is a leading cloud-based digital banking solutions provider for U.S. financial institutions [About Alkami](index=1&type=section&id=About%20Alkami) Alkami provides cloud-based digital banking solutions for U.S. financial institutions, covering retail, business, onboarding, payments, and data services - Alkami is a leading cloud-based digital banking solutions provider for financial institutions in the United States[6](index=6&type=chunk) - Solutions include retail and business banking, onboarding and account opening, payment security, and data and marketing[6](index=6&type=chunk) [Second Quarter 2025 Financial Highlights](index=1&type=section&id=Second%20Quarter%202025%20Financial%20Highlights) This section presents Alkami's key financial and operational achievements for the second quarter of 2025, including revenue growth, user metrics, and profitability [CEO and CFO Commentary](index=1&type=section&id=Comments%20on%20the%20News) Alkami's CEO and CFO highlighted strong Q2 2025 financial performance, including **36% revenue growth**, **$12 million Adjusted EBITDA**, and significant user and ARR expansion - CEO Alex Shootman reported strong Q2 financial performance with **36% revenue growth** and **$12 million Adjusted EBITDA**[4](index=4&type=chunk) - Alkami exited Q2 with **20.9 million users** on the platform, up **2.3 million** compared to the year-ago quarter[4](index=4&type=chunk) - CFO Bryan Hill noted Annual Recurring Revenue (ARR) of **$424 million**, up **32%**, and Revenue per Registered User (RPU) of **$20.28**, up **17%** compared to the year-ago quarter[4](index=4&type=chunk) [Key Financial and Operational Metrics (Q2 2025)](index=1&type=section&id=Key%20Financial%20and%20Operational%20Metrics%20(Q2%202025)) Alkami's Q2 2025 saw significant growth in key operational metrics, with Annual Recurring Revenue (ARR) reaching **$423.8 million**, a **32% increase** year-over-year Q2 2025 Key Financial and Operational Metrics | Metric | Q2 2025 (in thousands) | Q2 2024 (in thousands) | YoY Change | | :----- | :--------------------- | :--------------------- | :--------- | | Annual Recurring Revenue (ARR) | $423,763 | $321,284 | +32% | | Registered Users | 20,891 | 18,584 | +12.4% | | Revenue per Registered User (RPU) | $20.28 | $17.29 | +17.3% | [GAAP Financial Performance (Q2 2025)](index=1&type=section&id=GAAP%20Financial%20Performance%20(Q2%202025)) For Q2 2025, Alkami reported GAAP total revenue of **$112.1 million**, a **36.4% increase** year-over-year, though GAAP net loss widened to **$(13.6) million** Q2 2025 GAAP Financial Performance Summary | Metric | Q2 2025 (in millions) | Q2 2024 (in millions) | YoY Change | | :----- | :-------------------- | :-------------------- | :--------- | | GAAP Total Revenue | $112.1 | $82.16 | +36.4% | | GAAP Gross Margin | 58.6% | 59.4% | -0.8 pp | | GAAP Net Loss | $(13.6) | $(12.3) | -10.6% (worsened) | [Non-GAAP Financial Performance (Q2 2025)](index=1&type=section&id=Non-GAAP%20Financial%20Performance%20(Q2%202025)) Alkami's Non-GAAP performance in Q2 2025 showed improvement, with Non-GAAP gross margin increasing to **65.1%** and Adjusted EBITDA significantly growing to **$11.9 million** Q2 2025 Non-GAAP Financial Performance Summary | Metric | Q2 2025 (in millions) | Q2 2024 (in millions) | YoY Change | | :----- | :-------------------- | :-------------------- | :--------- | | Non-GAAP Gross Margin | 65.1% | 63.2% | +1.9 pp | | Adjusted EBITDA | $11.9 | $4.6 | +158.7% | [2025 Financial Outlook](index=1&type=section&id=2025%20Financial%20Outlook) This section provides Alkami's financial guidance for the third quarter and full fiscal year 2025, including projected revenue and Adjusted EBITDA [Third Quarter 2025 Guidance](index=1&type=section&id=Third%20Quarter%202025%20Guidance) For Q3 2025, Alkami projects GAAP total revenue between **$112.5 million and $114.0 million**, and Adjusted EBITDA between **$13.0 million and $14.0 million** Third Quarter 2025 Financial Guidance | Metric | Q3 2025 Guidance (in millions) | | :----- | :----------------------------- | | GAAP Total Revenue | $112.5M - $114.0M | | Adjusted EBITDA | $13.0M - $14.0M | [Fiscal Year 2025 Guidance](index=1&type=section&id=Fiscal%20Year%202025%20Guidance) Alkami's full fiscal year 2025 guidance anticipates GAAP total revenue in the range of **$443.0 million to $447.0 million**, with Adjusted EBITDA projected between **$51.5 million and $54.0 million** Fiscal Year 2025 Financial Guidance | Metric | FY 2025 Guidance (in millions) | | :----- | :----------------------------- | | GAAP Total Revenue | $443.0M - $447.0M | | Adjusted EBITDA | $51.5M - $54.0M | [Explanation of Non-GAAP Financial Measures and Key Business Metrics](index=2&type=section&id=Explanation%20of%20Non-GAAP%20Financial%20Measures%20and%20Key%20Business%20Metrics) This section defines the non-GAAP financial measures and key business metrics used by Alkami to evaluate its operational performance and strategic progress [Non-GAAP Definitions](index=2&type=section&id=Non-GAAP%20Definitions) Alkami defines various non-GAAP financial measures, including Adjusted EBITDA, to provide a clearer view of operational performance by excluding non-cash and non-recurring items - Non-GAAP financial measures exclude certain non-cash or non-recurring items to help investors understand short-term and long-term financial, operational, and strategic trends[10](index=10&type=chunk) - Non-GAAP Cost of Revenues is defined as cost of revenues, excluding amortization and stock-based compensation expense[11](index=11&type=chunk) - Adjusted EBITDA is defined as net loss plus (benefit from) provision for income taxes, loss on financial instruments, interest expense (income), net, depreciation and amortization, stock-based compensation expense, acquisition-related expenses, and loss on impairment of intangible assets[17](index=17&type=chunk) [Key Business Metrics Definitions](index=4&type=section&id=Key%20Business%20Metrics%20Definitions) Alkami defines key operating metrics including Annual Recurring Revenue (ARR), Registered Users, and Revenue per Registered User (RPU) to evaluate business performance and future revenue potential - Annual Recurring Revenue (ARR) aggregates annualized recurring revenue related to SaaS subscription services and the next 12 months of expected implementation services revenues[18](index=18&type=chunk) - Registered Users are defined as individual or business account holders of an FI client on Alkami's digital banking platform with access as of the last day of the reporting period[19](index=19&type=chunk) - Revenue per Registered User (RPU) is calculated by dividing ARR for the reporting period by the number of registered users, providing insight into product adoption and expansion[20](index=20&type=chunk) [Condensed Consolidated Financial Statements](index=5&type=section&id=Condensed%20Consolidated%20Financial%20Statements) This section presents Alkami's condensed consolidated balance sheets, statements of operations, and cash flows for the reported periods [Condensed Consolidated Balance Sheets](index=5&type=section&id=CONDENSED%20CONSOLIDATED%20BALANCE%20SHEETS) As of June 30, 2025, Alkami's total assets significantly increased to **$840.4 million**, primarily driven by acquisitions, while total liabilities also rose sharply Condensed Consolidated Balance Sheets | Metric | June 30, 2025 (in thousands) | December 31, 2024 (in thousands) | Change | | :----- | :--------------------------- | :------------------------------- | :----- | | Total Assets | $840,389 | $437,277 | +92.2% | | Total Liabilities | $496,373 | $80,247 | +518.6% | | Total Stockholders' Equity | $344,016 | $357,030 | -3.6% | - Intangibles, net increased from **$29.0 million** to **$172.2 million**, and Goodwill increased from **$148.1 million** to **$403.8 million**, indicating significant acquisition activity[23](index=23&type=chunk) - New Convertible senior notes, net of **$335.2 million** and a Revolving loan of **$50.0 million** were major contributors to the increase in total liabilities[23](index=23&type=chunk) [Condensed Consolidated Statements of Operations](index=6&type=section&id=CONDENSED%20CONSOLIDATED%20STATEMENTS%20OF%20OPERATIONS) For Q2 2025, Alkami's revenue grew to **$112.1 million**, but net loss increased to **$(13.6) million** due to higher operating and interest expenses Condensed Consolidated Statements of Operations | Metric (Three months ended June 30) | 2025 (in thousands) | 2024 (in thousands) | YoY Change | | :---------------------------------- | :------------------ | :------------------ | :--------- | | Revenues | $112,059 | $82,160 | +36.4% | | Gross Profit | $65,618 | $48,771 | +34.5% | | Total Operating Expenses | $81,481 | $61,978 | +31.5% | | Loss from Operations | $(15,863) | $(13,207) | -20.1% (worsened) | | Net Loss | $(13,591) | $(12,317) | -10.3% (worsened) | | Basic and Diluted Net Loss per Share | $(0.13) | $(0.13) | 0% | - Interest expense increased significantly from **$(74) thousand** in Q2 2024 to **$(3,188) thousand** in Q2 2025[25](index=25&type=chunk) - For the six months ended June 30, 2025, net loss improved to **$(21,407) thousand** from **$(23,750) thousand** in the prior year period[25](index=25&type=chunk) [Condensed Consolidated Statements of Cash Flows](index=7&type=section&id=CONDENSED%20CONSOLIDATED%20STATEMENTS%20OF%20CASH%20FLOWS) For the six months ended June 30, 2025, Alkami experienced a net cash outflow from operating activities of **$(4.5) million**, with significant outflows from investing and inflows from financing activities Condensed Consolidated Statements of Cash Flows | Cash Flow Activity (Six months ended June 30) | 2025 (in thousands) | 2024 (in thousands) | Change | | :------------------------------------------ | :------------------ | :------------------ | :----- | | Net cash (used in) provided by operating activities | $(4,507) | $1,499 | $(6,006) (decrease) | | Net cash (used in) provided by investing activities | $(392,360) | $22,275 | $(414,635) (decrease) | | Net cash provided by (used in) financing activities | $354,934 | $(3,269) | $358,203 (increase) | | Net (decrease) increase in cash and cash equivalents | $(41,933) | $20,505 | $(62,438) (decrease) | - Acquisition of business, net of cash acquired, resulted in a **$(375,499) thousand** cash outflow in investing activities for the six months ended June 30, 2025[27](index=27&type=chunk) - Proceeds from issuance of convertible senior notes (**$335,513 thousand**) and borrowing under revolving loan (**$60,000 thousand**) were major financing inflows[27](index=27&type=chunk) [Reconciliation of GAAP to Non-GAAP Measures](index=8&type=section&id=Reconciliation%20of%20GAAP%20to%20Non-GAAP%20Measures) This section provides detailed reconciliations of Alkami's GAAP financial results to its non-GAAP financial measures for various operational metrics [Non-GAAP Cost of Revenues Reconciliation](index=8&type=section&id=Non-GAAP%20Cost%20of%20Revenues) For Q2 2025, Non-GAAP cost of revenues was **$39.1 million**, a **29.3% increase** from Q2 2024, after adjustments Non-GAAP Cost of Revenues Reconciliation | Metric (Three months ended June 30) | 2025 (in thousands) | 2024 (in thousands) | YoY Change | | :---------------------------------- | :------------------ | :------------------ | :--------- | | GAAP cost of revenues | $46,441 | $33,389 | +39.1% | | Amortization adjustment | $(5,636) | $(1,793) | -214.3% | | Stock-based compensation expense adjustment | $(1,706) | $(1,347) | -26.7% | | Non-GAAP cost of revenues | $39,099 | $30,249 | +29.3% | [Non-GAAP Gross Margin Reconciliation](index=8&type=section&id=Non-GAAP%20Gross%20Margin) Alkami's Non-GAAP gross margin improved to **65.1%** in Q2 2025 from **63.2%** in Q2 2024, reflecting the exclusion of certain expenses Non-GAAP Gross Margin Reconciliation | Metric (Three months ended June 30) | 2025 | 2024 | Change (percentage points) | | :---------------------------------- | :--- | :--- | :----------------------- | | GAAP gross margin | 58.6% | 59.4% | -0.8 | | Amortization impact | 5.0% | 2.2% | +2.8 | | Stock-based compensation expense impact | 1.5% | 1.6% | -0.1 | | Non-GAAP gross margin | 65.1% | 63.2% | +1.9 | [Non-GAAP Research and Development Expense Reconciliation](index=8&type=section&id=Non-GAAP%20Research%20and%20Development%20Expense) Non-GAAP research and development expense for Q2 2025 was **$24.8 million**, an increase of **26.2%** from Q2 2024, after excluding stock-based compensation expense Non-GAAP Research and Development Expense Reconciliation | Metric (Three months ended June 30) | 2025 (in thousands) | 2024 (in thousands) | YoY Change | | :---------------------------------- | :------------------ | :------------------ | :--------- | | GAAP research and development expense | $30,231 | $23,909 | +26.4% | | Stock-based compensation expense adjustment | $(5,424) | $(4,256) | -27.4% | | Non-GAAP research and development expense | $24,807 | $19,653 | +26.2% | [Non-GAAP Sales and Marketing Expense Reconciliation](index=9&type=section&id=Non-GAAP%20Sales%20and%20Marketing%20Expense) Non-GAAP sales and marketing expense for Q2 2025 increased to **$19.4 million**, representing a **32.5%** year-over-year increase after adjustments Non-GAAP Sales and Marketing Expense Reconciliation | Metric (Three months ended June 30) | 2025 (in thousands) | 2024 (in thousands) | YoY Change | | :---------------------------------- | :------------------ | :------------------ | :--------- | | GAAP sales and marketing expense | $22,991 | $16,964 | +35.5% | | Stock-based compensation expense adjustment | $(3,550) | $(2,291) | -54.9% | | Non-GAAP sales and marketing expense | $19,441 | $14,673 | +32.5% | [Non-GAAP General and Administrative Expense Reconciliation](index=9&type=section&id=Non-GAAP%20General%20and%20Administrative%20Expense) Non-GAAP general and administrative expense for Q2 2025 was **$17.2 million**, a **27.5% increase** from Q2 2024, after excluding stock-based compensation Non-GAAP General and Administrative Expense Reconciliation | Metric (Three months ended June 30) | 2025 (in thousands) | 2024 (in thousands) | YoY Change | | :---------------------------------- | :------------------ | :------------------ | :--------- | | GAAP general and administrative expense | $26,039 | $20,612 | +26.3% | | Stock-based compensation expense adjustment | $(8,835) | $(7,119) | -24.1% | | Non-GAAP general and administrative expense | $17,204 | $13,493 | +27.5% | [Non-GAAP Income Before Income Taxes Reconciliation](index=9&type=section&id=Non-GAAP%20Income%20Before%20Income%20Taxes) Alkami reported Non-GAAP income before income taxes of **$9.5 million** in Q2 2025, a substantial increase from **$5.3 million** in Q2 2024, after various adjustments Non-GAAP Income Before Income Taxes Reconciliation | Metric (Three months ended June 30) | 2025 (in thousands) | 2024 (in thousands) | YoY Change | | :---------------------------------- | :------------------ | :------------------ | :--------- | | GAAP loss before income taxes | $(17,887) | $(12,132) | -47.4% (worsened) | | Total Adjustments | $27,400 | $17,411 | +57.4% | | Non-GAAP income before income taxes | $9,511 | $5,279 | +80.2% | [Adjusted EBITDA Reconciliation](index=10&type=section&id=Adjusted%20EBITDA) Adjusted EBITDA for Q2 2025 significantly increased to **$11.9 million** from **$4.6 million** in Q2 2024, reflecting strong operational performance after adjustments Adjusted EBITDA Reconciliation | Metric (Three months ended June 30) | 2025 (in thousands) | 2024 (in thousands) | YoY Change | | :---------------------------------- | :------------------ | :------------------ | :--------- | | GAAP net loss | $(13,591) | $(12,317) | -10.3% (worsened) | | Total Adjustments | $25,512 | $16,871 | +51.2% | | Adjusted EBITDA | $11,921 | $4,554 | +161.8% | [Cautionary Statement Regarding Forward-Looking Statements](index=2&type=section&id=Cautionary%20Statement%20Regarding%20Forward-Looking%20Statements) This section warns that forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, and the company does not undertake to update them - Forward-looking statements are based on management's beliefs and assumptions and involve known and unknown risks and uncertainties that may cause actual results to differ materially[9](index=9&type=chunk) - Factors affecting forward-looking statements include limited operating history, ability to manage future growth, client acquisition and retention, unpredictable sales cycles, intense competition, and regulatory compliance[9](index=9&type=chunk) - The company undertakes no obligation to update or revise any forward-looking statements, except as required by applicable law[9](index=9&type=chunk) [Contact Information](index=10&type=section&id=Contact%20Information) This section provides contact details for investor relations and media inquiries, including names and email addresses for relevant personnel - Investor Relations Contact: Steve Calk, ir@alkami.com[44](index=44&type=chunk) - Media Relations Contacts: Marla Pieton, marla.pieton@alkami.com; Valerie Kerner, alkami@fullyvested.com[44](index=44&type=chunk)

Core Insights - Alkami Technology, Inc. reported strong financial performance for Q2 2025, with revenue growth of 36% and Adjusted EBITDA of $12 million [2][6] - The company exited Q2 with 20.9 million users on its platform, an increase of 2.3 million year-over-year [2] - Alkami continues to see robust demand for digital transformation among regional and community financial institutions, highlighting the need for modern digital banking solutions [2] Financial Performance - GAAP total revenue for Q2 2025 was $112.1 million, a 36.4% increase compared to Q2 2024 [6][22] - GAAP gross margin was 58.6%, slightly down from 59.4% in the year-ago quarter, while Non-GAAP gross margin improved to 65.1% from 63.2% [6][29] - The company reported a GAAP net loss of $(13.6) million, compared to $(12.3) million in the same quarter last year [6][22] Key Metrics - Annual recurring revenue (ARR) reached $424 million, up 32% year-over-year [2][24] - Revenue per registered user (RPU) increased to $20.28, a 17% rise compared to the previous year [2][24] - The company added 23 new clients through its recent acquisition of MANTL, indicating strong growth in client acquisition [2] Future Outlook - Alkami provided guidance for Q3 2025, projecting GAAP total revenue in the range of $112.5 million to $114.0 million and Adjusted EBITDA between $13.0 million and $14.0 million [7] - For the fiscal year ending December 31, 2025, the company expects GAAP total revenue between $443 million and $447 million, with Adjusted EBITDA projected at $51.5 million to $54.0 million [7] Company Overview - Alkami Technology, Inc. is a leading provider of cloud-based digital banking solutions for financial institutions in the U.S., focusing on enabling clients to grow and adapt in a digital-first environment [4]

Core Insights - Alkami Technology, Inc. has announced a new integration between its Full Funnel Marketing solution and HubSpot, aimed at enhancing personalized, data-driven marketing strategies for financial institutions [1][5] - The integration allows financial institutions to automate audience list updates and execute tailored email campaigns, improving marketing efficiency and effectiveness [2][4] Group 1: Integration Benefits - The integration enables financial institutions to save time and enhance campaign outcomes by linking behavioral insights with automated outreach [1] - Financial institutions can maintain up-to-date audience lists in HubSpot with automatic daily refreshes, ensuring communications are relevant and accurate [2] - Campaigns executed through HubSpot benefit from full-cycle attribution reporting via Alkami, providing visibility into revenue impact [2] Group 2: User Experience and Satisfaction - Research indicates that 42% of digital banking users who are satisfied with how their data is used for product recommendations are more likely to remain loyal and recommend the provider [3] - The integration allows marketers to focus on high-impact engagement rather than time-consuming data management, enhancing the overall marketing strategy [4] Group 3: Company Commitment - Alkami's integration exemplifies its commitment to helping financial institutions deliver timely and relevant messages to account holders [5] - The integration is designed to facilitate agile and results-driven marketing, leveraging Alkami's Customer Insights with HubSpot's automation capabilities [5]

Core Viewpoint - Alkami Technology, Inc. is set to report its financial results for the second quarter of 2025 on July 30, 2025, after market close [1] Group 1: Financial Reporting - The financial results will cover the period ended June 30, 2025 [1] - A conference call will be held at 5:00 p.m. ET on the same day to discuss the results with investors [2] - A live webcast of the conference call will be available on the Alkami investor relations website [2] Group 2: Company Overview - Alkami is a leading provider of cloud-based digital banking solutions for financial institutions in the U.S. [3] - The company enables clients to grow confidently, adapt quickly, and build thriving digital communities [3] - Alkami's services include retail and business banking, onboarding and account opening, payment security, and data and marketing solutions [3]

Core Insights - The U.S. stock market is anticipated to remain volatile due to rising inflation pressures from new tariffs and uncertainty surrounding corporate earnings [2] - A curated portfolio of low-beta stocks is recommended as a strategy to navigate this volatility [2][3] Stock Analysis - **Vipshop Holdings Limited (VIPS)**: The company utilizes the "Made for Vipshop" program, offering exclusive products from over 200 brands, which drives customer loyalty and demand [8][10] - **Alkami Technology Inc (ALKT)**: The firm is experiencing increased demand from banks and credit unions, particularly due to its acquisition of MANTL, which simplifies account opening processes [11][10] - **Futu Holdings Limited (FUTU)**: As a tech-driven company, Futu is enhancing its online investment platform, recently introducing Futubull AI, a smart assistant for investment inquiries [12][10] - **Verona Pharma plc (VRNA)**: The company's drug Ohtuvayre is a significant advancement in COPD treatment, being the first inhaled therapy with a new mechanism in over two decades, providing dual benefits of bronchodilation and anti-inflammatory effects [13][10] Screening Criteria - Stocks with a beta between 0 and 0.6 are prioritized for lower volatility compared to the market [6] - Additional criteria include positive price movement over the last month, average trading volume greater than 50,000, a minimum price of $5, and a Zacks Rank of 1 indicating strong buy potential [7]

Core Insights - Towpath Credit Union has successfully completed a comprehensive digital transformation using Alkami's Digital Banking Platform, enhancing member experience and operational efficiency [1][4] - The credit union's product adoption increased from 1.7 to 2.45 products per member, with a year-over-year revenue growth of 15% [4] - Towpath is utilizing Alkami's Data & Marketing Solution to improve member engagement through targeted campaigns, resulting in over 800 members switching to e-documents and generating approximately $2.6 million in auto loan business [2][4] Company Overview - Alkami Technology, Inc. is a leading provider of cloud-based digital banking solutions for financial institutions in the U.S., focusing on enabling clients to grow and adapt quickly [6] - Towpath Credit Union serves over 26,000 members, offering a full range of financial services and emphasizing community-focused financial opportunities [7] Strategic Initiatives - Towpath's leadership aimed to eliminate digital limitations and provide a seamless experience that competes with larger financial providers while maintaining personal service [3][4] - The credit union's enhanced digital tools include integrated card controls, credit score monitoring, transaction enrichment, and account aggregation, fostering deeper member relationships [4][5]

Core Insights - MANTL has integrated Plaid Layer to provide regional and community financial institutions with instant onboarding capabilities similar to leading neobanks, enhancing their competitive edge in the digital banking landscape [1][4][5] Group 1: Integration Benefits - The integration allows MANTL to reduce account opening times to one minute, significantly improving the onboarding experience for both consumers and businesses [2][6] - Financial institutions using Plaid Layer have reported up to a 25% increase in end-to-end conversion rates, demonstrating the effectiveness of the technology [6] - The streamlined onboarding process eliminates friction by collecting identity information and linking external accounts quickly, ensuring a secure and optimized experience [2][5] Group 2: Market Positioning - MANTL aims to empower regional and community banks to compete with larger institutions like Chase and Chime by providing access to advanced technologies [4][5] - Over 100 MANTL customers currently utilize Plaid solutions, achieving a 37% higher application booking rate, which underscores the positive impact of the integration [4][6] - MANTL's partnership with Plaid enhances its commitment to innovation and supports the growth of community financial institutions in a digital-first environment [3][4]

Core Insights - The research study by Alkami Technology highlights a widening relevance gap between consumer expectations and the offerings of regional and community financial institutions, emphasizing the need for a more anticipatory banking experience [1][2][5]. Group 1: Research Findings - The study involved 1,500 participants, weighted to reflect the 2020 US Census demographics, focusing on active digital banking users [3]. - Key generational differences were identified, with Generation Z seeking immediacy and personalization, while baby boomers focus on retirement planning [3]. - Financial institutions are provided with a roadmap to engage each generation effectively through trusted channels [3]. Group 2: Consumer Expectations - 84% of digital banking users consider the quality of the digital banking experience a top factor in selecting a provider [5]. - 50% of digital banking Americans are open to switching providers for a better digital experience, with 31% having already made the switch [5]. - 46% of digital banking consumers feel their primary financial provider could better anticipate their financial needs and goals [5]. Group 3: Opportunities for Financial Institutions - A significant opportunity exists for financial institutions to guide intergenerational wealth transfers, as 37% of digital banking Americans expect to receive an inheritance in the next 10–20 years [5]. - The demand for a streamlined digital account opening process is evident, with 41% of consumers more likely to change providers for a 5-minute account opening experience [5]. - The study indicates that only 38% of regional and community financial institution account holders found their provider's product recommendations more relevant over the past year, compared to 53% for neobanks and 45% for megabanks [5].

Core Insights - Alkami Technology, Inc. has launched Out-of-the-Box Campaigns, a feature aimed at enhancing marketing efficiency for financial institutions by enabling quick, data-driven campaign execution [1][4] - The new campaigns are designed to simplify the marketing process, allowing banks and credit unions to engage their audiences effectively with minimal setup [2][4] Group 1: Product Features - Out-of-the-Box Campaigns streamline audience segmentation, allowing financial marketers to launch targeted, multi-channel engagements in minutes [1][2] - Each campaign targets specific marketing objectives such as deposit growth, loan engagement, and account holder activation, with automated performance tracking for real-time insights [4][8] - The campaigns are built on proven, data-driven use cases, eliminating the complexity of traditional marketing execution [2][4] Group 2: Market Impact - The ability to launch campaigns quickly without extensive planning or technical expertise is expected to enhance marketing efficiency and deepen engagement across key member segments [3][4] - Alkami's Data & Marketing Solution is integral to its Digital Sales & Service Platform, which supports financial institutions in delivering timely and intentional campaigns [5] Group 3: Company Background - Alkami Technology, Inc. is recognized as a leading cloud-based digital banking solutions provider in the U.S., helping clients grow and adapt in the digital landscape [6] - The company has received accolades from J.D. Power for providing an outstanding mobile banking platform experience in 2024 and 2025 [6]