The 2023 Digital Banking Performance Metrics report from Cornerstone Advisors provides regional and community financial institutions performance benchmarks toward their business objectives PLANO, Texas, May 9, 2023 /PRNewswire/ — Alkami Technology, Inc. (Nasdaq: ALKT ) ("Alkami"), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., today announced the release of the 2023 Digital Banking Performance Metrics research report from Cornerstone Advisors. Drawing on data from U.S. regional and community financial institutions with an average asset size of $4.4 billion, the Alkami-commissioned report reveals that mid-size banks and credit unions more than doubled their investments in digital transformation in fiscal year 2022, to nearly $425,000 per $1 billion in assets—up from an average of just over $200,000 per $1 billion in assets for fiscal 2021. In turn, account holders are increasing their usage of key digital banking options: Mobile deposit popularity is surging, with 52 percent of active digital banking users depositing checks via mobile devices in 2022, up from 37 percent the year before. Loan applications are a big digital banking growth area with nearly half (47 percent) of all loan applications in 2022 coming via digital channels, up from just 36 percent […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
