Alkami Technology, Inc. (Nasdaq: ALKT), a leading provider of cloud-based digital banking solutions for U.S. financial institutions, has introduced its groundbreaking Business Banking Digital Maturity Assessment. Designed exclusively for banks and credit unions, this first-of-its-kind tool is based on insights from a recent study conducted in collaboration with Emerald Research Group and financial services expert Jim Marous.
The research surveyed 150 digital decision-makers from financial institutions across the U.S., identifying distinct levels of digital maturity in business banking. These levels were defined by how institutions integrate culture, strategy, and technology to drive measurable results.
The Business Banking Digital Maturity Assessment provides a robust framework to help financial institutions analyze their current digital capabilities and pinpoint areas for improvement. By leveraging Alkami’s extensive research, the assessment benchmarks an institution’s digital performance against industry standards. It categorizes participants into one of four digital maturity levels and offers actionable recommendations to accelerate digital transformation.
“We wanted to go beyond traditional metrics and explore how culture, strategy, and technology work together to create a competitive edge for financial institutions,” said Allison Cerra, Chief Marketing Officer at Alkami. “This tool empowers institutions to make strategic decisions that enhance their business banking capabilities.”
As businesses increasingly demand seamless, digital-first banking experiences, financial institutions are under pressure to innovate and modernize their offerings. Alkami’s tool enables them to assess their position on the digital maturity spectrum, ranging from basic capabilities to advanced, fully integrated solutions. The assessment evaluates critical dimensions, including:
- Payments and money movement capabilities
- Data and marketing analytics
- Digital account creation
- Subuser management
- Integration with accounting and ERP systems
Jim Marous, CEO of the Digital Banking Report, emphasized the importance of digital maturity in today’s competitive landscape:
“Digital maturity is no longer optional; it’s a key driver of success. Institutions that align their culture, strategy, and technology to meet business client demands are those that will thrive.”
The Business Banking Digital Maturity Assessment is available for free to all financial institutions. To access the tool and begin evaluating your organization’s digital readiness, click here.
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