Alkami Technology, a digital sales and service platform provider for financial institutions in the U.S., expanded its partnership with Plaid, the data network powering the digital financial ecosystem. Through a pre-built integration within the Alkami Digital Banking Platform, financial institutions can allow account holders to link external accounts instantly, see all their transactions in one place, and get clean data about where their money is going.
Because Plaid is embedded in the Alkami Platform, financial institutions can offer these capabilities to their account holders with minimal technical lift and replace fragmented data experiences.
“For financial institutions, delivering exceptional digital experiences increasingly depends on providing account holders with a complete, connected view of their financial lives,” Josh Winstead, vice president, corporate development at Alkami, said. “This next phase of our partnership with Plaid reflects a shared commitment to making it easier for banks and credit unions to deliver connected experiences through a unified digital sales and service platform.”
The integration is now live and available to financial institutions on the Alkami Platform. By integrating Plaid directly into the Alkami Platform, financial institutions benefit from broader account coverage, more reliable connections and higher-quality financial data.
“Financial institutions are under increasing pressure to deliver connected, intuitive digital banking experiences,” Adam Yoxtheimer, head of partnerships at Plaid, said. “By expanding our partnership with Alkami, we’re bringing Plaid’s trusted connectivity and financial data capabilities directly into the Alkami Digital Banking Platform, helping financial institutions deliver a more complete financial experience that deepens engagement and strengthens account holder relationships.”
