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Alkami Reviews & Product Details

Alkami Overview

What is Alkami?

The Alkami Platform provides financial institutions a complete digital banking solution to securely onboard, engage, and grow retail and business users for banks and credit unions. Clients can tailor their user experience with additional Alkami products and integrations to third-party solutions via API, SSO and SDK functionality. The online banking platform is delivered with an administrative console that provides our clients with the ability to manage their digital banking users’ experiences. We invest heavily in the eight product categories within this journey to enable our clients to achieve digital success: • Account Opening and Loan Origination • Security & Fraud Protection • Money Movement • Financial Wellness • Customer Service • Card Experience • Marketing & Analytics • Extensibility Functionality for both retail and business includes: digital account opening and loan origination, automated credit decisioning, real-time identity verification, fund transfers, check services, message center, chatbots, virtual financial assistants, mobile check deposits, e-documents, e-signatures, card management, secure forms, multi-factor authentication, multi-payment fraud prevention, alerts, and data analytics and engagement solutions. In addition, business widgets include business administration, including entitlements, ACH, wire transfers, business reports, invoices, positive pay, business bill pay, and business check capture. We recognize the strategic importance of embracing the best of fintech innovation and bringing the right partners into the Alkami Platform. We foster a fintech partner ecosystem that grants freedom, extensibility, further brand differentiation, and the ability for carefully selected fintechs to integrate with APIs and build directly onto our platform with Alkami’s SDK. We offer API and single sign-on (SSO) integrations, which can be built in-house by Alkami or by our partners. Our clients may also choose to deploy their own integrations using the same tools used by our developers or they can take advantage of a network of certified Alkami SDK developers or partner system integrators. The Alkami Platform is delivered with an administrative console that provides our financial institution clients with the ability to manage their digital banking users’ experiences. The administrative console is divided into five primary functions: Setup, Operations, Content, Support, and Data. The Alkami Platform is a highly configurable solution which enables institutions and Alkami team members the ability to easily deploy and configure functionality within an institution's environment. This includes configurability around feature availability such as price-list billing to end users of the product. Through this capability, institutions can segment and charge end users for the features they utilize within the platform such as ACH and wire transactions.

Alkami Details
Discussions
Alkami Community
Languages Supported
English, Spanish
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Product Description

Alkami Technology, Inc. is a cloud-based digital banking solutions provider for financial institutions in the United States that help clients digitally transform through retail and business banking, digital account opening and loan origination, multi-payment fraud prevention, and data analytics and engagement solutions.


Seller Details
Year Founded
2009
HQ Location
Plano, TX
Twitter
@alkamitech
1,485 Twitter followers
LinkedIn® Page
www.linkedin.com
957 employees on LinkedIn®
Ownership
NASDAQ: ALKT

SM
Overview Provided by:

Recent Alkami Reviews

EN
Emily N.Mid-Market (51-1000 emp.)
4.5 out of 5
"Great partnership--continuous improvement/advancements"
They listen to feedback. They are looking for continuous improvement and have evolved significantly in functionality and user experience since we j...
JS
J S.Mid-Market (51-1000 emp.)
4.0 out of 5
"Excited for the Future"
The ability to address issues from different channels was extremely helpful.
ED
Ellora D.Mid-Market (51-1000 emp.)
4.0 out of 5
"Great platform"
Technology, look and feel, capability of platform, integration with partners, SDK capabililties
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Alkami Media

Alkami Demo - Mobile Accounts and RDC
Mobile Accounts and RDC
Alkami Demo - Financial Wellness
Financial Wellness
Alkami Demo - Primary Checking
Primary Checking Mobile
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38 Alkami Reviews

4.3 out of 5
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38 Alkami Reviews
4.3 out of 5
38 Alkami Reviews
4.3 out of 5

Overall Review Sentiment for AlkamiQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
JS
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Alkami?

The ability to address issues from different channels was extremely helpful. Review collected by and hosted on G2.com.

What do you dislike about Alkami?

The platform is still emerging in the business space. It is exciting to see the progress toward a top-notch commercial platform. Review collected by and hosted on G2.com.

What problems is Alkami solving and how is that benefiting you?

Statements and not haveing global settings that affect both business and consumer users. Review collected by and hosted on G2.com.

KB
Director of eServices & Payment Solutions
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Alkami?

The platform was designed to be simple and user-friendly, and it achieved that goal. We have a wide range of users that access the platform for various reasons and rarely need to provide additional training on functionality. Review collected by and hosted on G2.com.

What do you dislike about Alkami?

The platform itself is great! The support for the platform could be improved. It can be hard to gauge when an issue will be resolved and that makes following up with our account holders difficult.

The data offering needs a lot of improvement. Review collected by and hosted on G2.com.

What problems is Alkami solving and how is that benefiting you?

Alkami keeps up with the latest technology in the industry. They offer the right products and services to meet the demands of our account holders. If they do not develop the solution themselves, they chose the best partner for the solution. Review collected by and hosted on G2.com.

Verified User in Banking
UB
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Alkami?

The Admin side is relatively simple and intuitive to use for setting most things up. I love the new Navigation Builder! The customer side is simple and easy to follow. Product Guides are great for basic setup or questions. Review collected by and hosted on G2.com.

What do you dislike about Alkami?

Some of the Admin settings get quite complex. Staging is slower than slow. The customer side does not allow for much personalization by the user. Sometimes it's difficult to get good answers on issues we have. Release Notes format is super difficult to work with efficiently. Review collected by and hosted on G2.com.

What problems is Alkami solving and how is that benefiting you?

They are providing excellent digital banking options to our members in a time when more and more people prefer to go online, especially those members that are not near a branch. Review collected by and hosted on G2.com.

ED
Director of Technology
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Alkami?

Technology, look and feel, capability of platform, integration with partners, SDK capabililties Review collected by and hosted on G2.com.

What do you dislike about Alkami?

Length of time to get project started, lack of communication between the upper level of management and partners and the account level. Lack of communication to dev team sometimes is a challenge. Time to development is long Review collected by and hosted on G2.com.

What problems is Alkami solving and how is that benefiting you?

access to account 24/7 Review collected by and hosted on G2.com.

EN
SVP Enterprise Operations
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
(Original )Information
What do you like best about Alkami?

They listen to feedback. They are looking for continuous improvement and have evolved significantly in functionality and user experience since we joined Alkami. Review collected by and hosted on G2.com.

What do you dislike about Alkami?

Continued improvement in the backlog of requested features or add-ons by individual organizations. The lead time for custom improvements can be lengthy. Review collected by and hosted on G2.com.

What problems is Alkami solving and how is that benefiting you?

Alkami provides the capability and flexibility for our members to access their funds 24/7. Alkami's platform is stable and reliable, which is of the utmost importance to our membership. Review collected by and hosted on G2.com.

SM
Vice President Information and Digital Services
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
What do you like best about Alkami?

Working with attentive Alkamists who listen and follow through and follow up. Caitlin O'Connor and Shannon Hall have been great to work with. Review collected by and hosted on G2.com.

What do you dislike about Alkami?

Rollout did not go well and PMO seemed overly confident all issues would be resolved. Hopefully, that team has stabilized and works closer with Development and Product teams. Review collected by and hosted on G2.com.

Recommendations to others considering Alkami:

Be adamant about what you need and start early. Be reasonably patient. Pull in a variety of your team members across all company disciplines. Ask thousands of questions. Review collected by and hosted on G2.com.

What problems is Alkami solving and how is that benefiting you?

Value-added partners bring lots of solutions to the table and give us a chance to consider where we want our solutions to move forward. Mobile adoption has continually improved. Review collected by and hosted on G2.com.

DC
VP of eCommerce
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
What do you like best about Alkami?

We are excited to be using Alkami as we are doing a core conversion together with this new online and mobile banking solution. Excited to a better user interface and cryptocurrency integration. Review collected by and hosted on G2.com.

What do you dislike about Alkami?

We haven't used it yet but there haven't been any mentions of a money management and budget spending tool. I would like to see that integration together with savvymoney. Review collected by and hosted on G2.com.

What problems is Alkami solving and how is that benefiting you?

Offering better services and features for our members. The expections have changed for our members and allowing them to see a much improved UI and UX together with P2P and AI chat is going to help with the limited bandwidth of the organization. Review collected by and hosted on G2.com.

Tim F.
TF
Vice President Electronic Services
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
What do you like best about Alkami?

Alkami allows us to provide innovative solutions through tech partnerships. We can offer solutions that even the biggest of big banks have yet to implement for their customers. Review collected by and hosted on G2.com.

What do you dislike about Alkami?

The biggest challenge with Alkami is also one of the biggest strengths. Release QA and release cadence offer a challenge if trying to support the solution with the same logic as any other digital banking product. Review collected by and hosted on G2.com.

What problems is Alkami solving and how is that benefiting you?

industry-leading digital platform with quick rollout of new solutions and technology allow us to lead in our local market and provide integrated, innovative solutions to our members Review collected by and hosted on G2.com.

SY
Digital Solutions Manager
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
What do you like best about Alkami?

Alkami is constantly coming out with new features and products. The support we receive is top notch. Review collected by and hosted on G2.com.

What do you dislike about Alkami?

I would like more training on maintaining the system. Hands on training Review collected by and hosted on G2.com.

Recommendations to others considering Alkami:

Alkami is a full service partner. They think of things before we do. They are constantly looking at our setup to inform us of options we may not be using that we would benefit from. Review collected by and hosted on G2.com.

What problems is Alkami solving and how is that benefiting you?

Members being able to be digital first is our goal. With Alkami we are able to accomplish that. Our members can now process ACH originations themselves Review collected by and hosted on G2.com.

DK
IT System manager
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
What do you like best about Alkami?

I like how alkami powers integrations with third party providers it lets us stay on the leading edge with vendors and not worry about being locked out of newer tech. Review collected by and hosted on G2.com.

What do you dislike about Alkami?

Alkami infrastructure and realiability is the worst part of the platform, we are down more than a acceptable amount and needs to be improved to keep business flowing. Review collected by and hosted on G2.com.

What problems is Alkami solving and how is that benefiting you?

I like how alkami powers integrations with third party providers it lets us stay on the leading edge with vendors and not worry about being locked out of newer tech. Review collected by and hosted on G2.com.