Business
Elevations Credit Union Launches with Alkami's Online Retail, Business and Mobile Banking
Member base will now benefit from Alkami's single platform for retail, business and mobile PLANO, Texas, Jan. 16, 2024 /PRNewswire/ -- Alkami Technology, Inc.
About this update from Alkami Technology, Inc.
[{"type":"text","content":"Member base will now benefit from Alkami's single platform for retail, business and mobile\nPLANO, Texas, Jan. 16, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) (\"Alkami\"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced today that Elevations Credit Union (\"Elevations\") has launched Alkami's online business and retail banking platform. Following a seamless implementation process, Elevations is now leveraging the platform to grow its retail and business portfolio and gain market share.\n\n \n \n \n \n \n \n\n \nAfter beginning its digital transformation journey, Elevations looked for a digital banking vendor to expand and improve its digital banking capabilities. The Alkami Digital Banking Platform provides Elevations' retail and business members with intuitive, self-service tools within a personalized user experience, powered by a dataset rivaling the largest megabanks. Elevations now also benefits from enhanced account opening capabilities, data analytics that can drive improved engagement, and payment fraud prevention. Alkami's comprehensive single platform enables financial institutions like Elevations to drive new account holder growth and cross-sell opportunities while deepening institutional loyalty via reliable, innovative banking services.\nAfter completing the implementation process, Elevations' members were able to seamlessly convert to Alkami's Digital Banking Platform, showcasing its effective and user-friendly characteristics. Elevations is also leveraging SavvyMoney, Alkami's marketing and educational capability, to improve members' financial wellness.\n\"As a credit union serving communities in Colorado's Front Range, we must keep pace with a member base that is incredibly technologically savvy and open to innovation. It was imperative for us to work with a vendor who matched our strategic approach and digital vision,\" said Craig Draayer, vice president of digital transformation at Elevations. \"Alkami shares Elevations' user interface and user experience principles and emphasis on member engagement, and we know that with Alkami, we will never be in the position of outrunning our vendor. Due to Alkami's expertise and tried-and-true best practices, this implementation was one of the best I have seen in my career. We look forward to deepen...