Outlines what true digital transformation means and what it looks like for financial institutions PLANO, Texas, Jan. 25, 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., announced the release of a new eBook, " Turn Digital Banking into a Profit Center ." The eBook explores what true digital transformation looks like for financial institutions (FIs) and how they can activate data to meet account holder expectations and drive revenue. Alkami Logo (PRNewsfoto/Alkami Technology, Inc.) The global digital banking market size is estimated to surpass $10.3 trillion by 2028. According to Cornerstone Advisors, 75% of banks and credit unions have launched digital transformation initiatives, and another 15% plan to do so this year. Alkami’s eBook outlines key strategies for these FIs to ensure their digital transformation efforts are structured for success. "Successful digital transformation requires FIs moving away from thinking of digital banking as a cost of doing business to adopting a mindset of digital banking as a profit center," said Nate Shahan, vice president of product management for Alkami. "That means looking at replacing legacy technologies, embracing artificial intelligence tools and taking advantage […]
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