Liberty Bank chooses Alkami for its digital banking platform | Texas


PLANO, Texas, May 4, 2021 / PRNewswire / – Alkami Technology Inc. (Nasdaq: ALKT) (“Alkami”), a cloud-based leader digital banking solutions supplier to banks and credit unions in the United States, today announced that Liberty Bank of Middletown, Connecticut signed a long-term contract to take advantage of the Alkami platform. the Connecticuta based bank owns more than $ 7 billion in assets and represents another addition to Alkami’s growing list of banking clients.

With a rapidly changing fintech landscape and increased pressure from mega banks and challengers, Liberty Bank sought a partner to help them compete in an ever-changing digital banking landscape. Dave mitchell, EVP, GM and Chief Digital Officer of Liberty Bank, cited two strategic goals that led them to the Alkami platform: cultivate a culture of innovation and offer exceptional customer experiences.

“Our customers expect a highly personalized, anytime, anywhere banking experience that rivals that of media, entertainment and online shopping,” said Mitchell. “We needed a partner who could quickly add new features and functions with an open digital banking platform. Alkami’s deep expertise in retail and business banking translates into platform innovations such as extensibility with APIs, an extensive SDK, as well as UX with tools world-class cybersecurity and data centers. In addition, their unique single platform approach to retail and investment bank gives us the confidence that we will be able to provide a seamless experience to all of our customers. “

CEO of Alkami Mike hansen said: “We are delighted to welcome Liberty Bank to our remarkable community of clients. Our Alkamists wake up every day focused on one thing: designing and delivering the best digital banking experiences to businesses and consumers of financial institutions. We are excited to have the opportunity to provide Liberty Bank with the platform that will propel their digital innovations and exceptional services to their commercial and retail clients.The Liberty Bank team is well aligned with us in vision and values, and we look forward to the future with this leading financial institution. “

Founded in 1825, Liberty Bank is Connecticut oldest bank, with more than $ 7 billion in assets and 64 offices in the central, eastern, western and coastal regions of the state. As a full-service financial institution, Liberty offers personal and business banking, mortgages, insurance and investment services. Named a “Top Workplace” for nine consecutive years, Liberty maintains a long-standing commitment to superior personalized service and unparalleled community involvement.

Alkami Technology, Inc. is a leading provider of cloud-based digital banking solutions for financial institutions in the United States, providing digital banking and fraud protection services to more than 225 banks and credit unions. . Alkami’s bold investments in people and technology enable remarkable financial institutions to grow with confidence, adapt quickly, and create thriving digital communities. Alkami was recognized in 2018, 2019 and 2020 as a Deloitte Technology Fast 500 company in North America.

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SOURCE Alkami Technology, Inc.

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