Dual recognition celebrates Alkami's acquisition of MANTL and the alignment of two award-winning cultures committed to transforming digital bankingPLANO, Texas, May 21, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., and its newly acquired subsidiary MANTL, a provider of account origination technology, today announced they have both been named to American Banker's 2025 list of the Best Pl ...

Core Insights - Paycom Software (PAYC) shares have increased by 26.3% over the past month, outperforming the Zacks Computer and Technology sector's growth of 22.6% and the S&P 500 index's rise of 15.3% [1] - The recent rally is attributed to broader market optimism, particularly due to progress in U.S.-China trade negotiations and better-than-expected first-quarter 2025 results, with revenues and non-GAAP EPS increasing by 6.1% and 8% respectively [2][3] Performance Drivers - PAYC's strong first-quarter performance is driven by automation, effective sales execution, and operational efficiency, leading to wider margins and sustained growth [3] - The Beti platform has significantly reduced payroll labor requirements by 90% and error correction time by 85%, enhancing client retention and satisfaction [4] - The GONE automation solution has shown up to 800% return on investment, improving onboarding efficiency and client productivity [6] Client Satisfaction and Retention - Paycom has seen a 16-point year-over-year increase in its Net Promoter Score, indicating enhanced customer satisfaction due to successful client-focused initiatives [7] - The return of former customers, such as a 500-employee healthcare firm, highlights the effectiveness of Beti's automation architecture and measurable ROI [5] Financial Outlook - Paycom has raised its 2025 revenue guidance to $2.023-$2.038 billion, suggesting an 8% year-over-year growth at the mid-point, with the Zacks Consensus Estimate at $2.03 billion [9] - The consensus estimate for 2025 earnings is $8.91 per share, reflecting a 2.2% increase over the past 30 days and indicating year-over-year growth of 8.53% [10] Conclusion - Paycom's accelerating growth, product innovation, and expanding margins position the company for long-term potential, with strong client retention and ROI-driven adoption suggesting further growth opportunities [11]

Core Insights - TriNet has launched new HR products and enhancements aimed at helping small and medium-size businesses (SMBs) navigate economic uncertainty and AI-driven disruption [1][2] Product Solutions - The new offerings include an AI-powered Personal Health Assistant by Healthee, providing employees with real-time healthcare answers, available to TriNet customers in late 2025 [6] - Enhanced New Hire Onboarding features an upgraded PEO mobile app for administrators to submit new hire information on-the-go, along with secure e-signature functionality for document management [6] - An improved learning management system in collaboration with 360Learning includes an AI-powered content creation tool for custom training programs and a premium content bundle with over 1,000 training courses [6] - New wellbeing solutions in TriNet's Marketplace include My Secure Advantage for financial wellbeing coaching and Wellhub for holistic wellbeing benefits, supporting the overall wellbeing of employees [6] Company Commitment - TriNet emphasizes its commitment to delivering innovative HR solutions that empower SMBs to focus on growth and better HR decision-making [3][4]

Facephi Brings Its AI-Driven Biometric ID Verification and Fraud Protection Services to AWS Marketplace Its Onboarding, Authentication and IDV Suite Services are now available on AWS Marketplace.This milestone expands access to scalable Biometric, AI and Machine-Learning Solutions. Alicante, May 06, 2025 - Facephi Biometría, SA (BME Growth: FACE; Euronext Growth Paris: ALPHI) (“Facephi” or the “Company”), a Spanish tech leader in global digital identity protection and verification, today announced the avail ...

Financial Data and Key Metrics Changes - In Q1 2025, the company reported total revenue of $97.8 million, representing a year-over-year growth of 28.5% [23] - Adjusted EBITDA improved to $12.1 million compared to $3.8 million in the same quarter last year, marking a significant increase [23] - The company exited the quarter with an Annual Recurring Revenue (ARR) of approximately $400 million, reflecting a 33% increase year-over-year [23][24] Business Line Data and Key Metrics Changes - Subscription revenue grew by 27% in Q1 2025, accounting for 95% of total revenue [23] - The company added 36 new digital banking clients, contributing to a total of 278 live clients and 20.5 million registered users, which is a 13% increase year-over-year [24] - The revenue per user (RPU) increased by 18% to $19.74, driven by the Mantle acquisition and successful add-on sales [25] Market Data and Key Metrics Changes - The company reported a strong demand environment for digital banking, with no observed decline in demand despite macroeconomic uncertainties [6][10] - The company’s sales pipeline remains robust, with a healthy mix of new client acquisitions and renewals [25] - The Mantle acquisition is expected to enhance the company's competitive position in both bank and credit union markets, with balanced demand observed in both segments [50] Company Strategy and Development Direction - The company is focused on enhancing its product offerings in onboarding and account opening, retail and commercial functionality, user experience, and personalization [13] - A strategic development center is being established in India to increase product and engineering capacity while maintaining profitability commitments [16] - The company aims to leverage its unique financial model to strengthen its competitive position in the SaaS market [34] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving the 2026 financial objectives, citing a strong implementation backlog and sales pipeline [6] - The demand for digital banking is viewed as essential for regional and community financial institutions to compete effectively [6][10] - Management remains optimistic about the future, indicating that digital banking projects are prioritized by clients despite economic uncertainties [96][100] Other Important Information - The Mantle acquisition, valued at $400 million, was completed earlier than expected and is anticipated to be accretive to adjusted EBITDA in 2026 [31][33] - The company has expanded its credit facility from $125 million to $225 million, enhancing its financial flexibility [30] Q&A Session Summary Question: Was the $5 million spend for the offshore initiative still a lighter expense in Q1? - Yes, it was a lighter expense in Q1, with the majority of the expense expected to concentrate in the third and fourth quarters of 2025 [36][37] Question: How much did Mantle contribute to the growth in revenue per user? - Mantle contributed about 1.8 to RPU this quarter, with a more normalized growth rate expected going forward [39][40] Question: What is the opportunity for cross-selling Mantle into the existing base? - Initial success has been seen with five transactions sold into the Alchemy base, and there is confidence in the cross-selling opportunity [42][43] Question: Where is the most traction being seen with the Mantle acquisition? - Balanced demand is observed in both banks and credit unions, with a focus on enhancing account opening experiences [50] Question: What would it take for banks to slow spending on digital banking projects? - It would require extraordinary dislocation for banks to halt their digital banking projects, as these are often budgeted line items [96][100]

Alkami Technology, Inc. Proprietary Information. Alkami Technology First Quarter 2025 What We Do Cautionary Statement Regarding Forward-Looking Statements © Alkami Technology, Inc. • Cloud-based digital banking platform serving U.S. financial institutions How We Do It The company reports its financial results in accordance with accounting principles generally accepted in the United States of America, or GAAP. However, the company believes that, in order to properly understand its short-term and long-term fi ...

Financial Data and Key Metrics Changes - Earnings per share (EPS) for Q1 2025 was $1.58, up 26% year-over-year on a reported basis and up 22% excluding notable items [10] - Total revenue reached $4.8 billion, an increase of 6% year-over-year, with expenses controlled at a 2% increase [11][25] - Pre-tax margin improved to 32% and return on tangible common equity rose to 24% [12][29] Business Line Data and Key Metrics Changes - Security services reported total revenue of $2.3 billion, up 8% year-over-year, with investment services fees growing by 4% [34] - Market and wealth services segment revenue was $1.7 billion, an 11% increase year-over-year, with net new assets of $11 billion [37] - Investment and wealth management segment revenue decreased to $779 million, down 8% year-over-year, with assets under management flat at $2 trillion [39][41] Market Data and Key Metrics Changes - Firm-wide assets under custody and administration (AUCA) increased by 9% year-over-year to $53.1 trillion [26] - Foreign exchange revenue rose by 3% year-over-year, driven by higher spreads due to increased volatility [27] - Net interest income was up 11% year-over-year, reflecting reinvestment of maturing investment securities at higher yields [28][32] Company Strategy and Development Direction - The company is focused on transforming into a more platforms-oriented organization, enhancing client experience and agility [13][23] - The first quarter marked the first anniversary of the phased transition into the new operating model, with over half of the company now working in this way [14] - The company is exploring inorganic growth opportunities while maintaining discipline in acquisitions, emphasizing cultural fit and alignment with strategic priorities [66] Management's Comments on Operating Environment and Future Outlook - Management noted a significant reversal of sentiment in the operating environment due to trade and fiscal policy uncertainties, leading to elevated risks [7][9] - The company is prepared for a range of macroeconomic scenarios and continues to focus on supporting clients amid uncertainty [23] - Management expressed optimism about the potential of AI and innovation to drive future growth and efficiency [20][22] Other Important Information - The company returned approximately $1.1 billion of capital to common shareholders, representing a 95% total payout ratio year-to-date [31] - The liquidity coverage ratio was 116%, indicating strong liquidity position [31] Q&A Session Summary Question: Insights on deposit stability and NII generation - Management indicated that Q1 deposit levels were in line with expectations, with a slight uptick in deposits due to market volatility, but not as significant as in previous crises [50][52] Question: Strategic opportunities for M&A - Management is carefully evaluating inorganic growth opportunities, emphasizing the need for alignment with strategic priorities and cultural fit [64][66] Question: Impact of macro environment on client activity - Management noted that while clients may be cautious, the breadth of the company's platforms provides a competitive advantage, allowing for continued business as usual [120][124] Question: Treasury market functioning and Fed intervention - Management confirmed that the treasury market is functioning well, despite reduced liquidity and wider bid-offer spreads, indicating no immediate need for Fed intervention [101][102] Question: Digital assets and stablecoin legislation - Management views digital assets as a long-term play, with stablecoin legislation seen as a positive development for future opportunities [105][111]