Alkami Technology’s Post

With data breaches averaging $4.45 million in 2023, investing in tools that promote security-centric connectivity between your workforce and your account holders is essential. Check out our post with Alkami Technology about the 4 methods to prevent data leakage to learn how to safeguard customer and internal data today. https://lnkd.in/eDbGK54S #datasecurity #banks #creditunions #alkami

Excited to share insights from Virtual StrongBox on leveraging secure file exchange within digital banking solutions for enhanced security and revenue growth! Digital banking solutions aren't just about convenience, they're pivotal in safeguarding account holder data and deepening banking relationships. Check out our latest blog where Virtual Strongbox explores how #Banks and #CreditUnions can prevent data exposure via the online banking platform. #DigitalBanking #DataSecurity #RevenueGrowth #FintechInnovation #BankingTechnology

Excited to share insights from Virtual StrongBox on leveraging secure file exchange within digital banking solutions for enhanced security and revenue growth! Digital banking solutions aren't just about convenience, they're pivotal in safeguarding account holder data and deepening banking relationships. Check out our latest blog where Virtual Strongbox explores how #Banks and #CreditUnions can prevent data exposure via the online banking platform. #DigitalBanking #DataSecurity #RevenueGrowth #FintechInnovation #BankingTechnology

Banking has come a long way from the early days of manual record-keeping and physical paperwork to the present day technology-driven banking solutions such as mobile banking and internet banking. With the rapidly growing internet penetration globally (66.2%) and advancements in digital infrastructure, banks are able to present their banking solutions to customers anywhere and anytime without the need for physical branches. And customers can now manage their finances on the go, enjoying the convenience and flexibility of accessing banking services from their smartphones and computers.    While implementing the digital banking solutions comes with immense benefits to both the bank and customers, financial institutions face several challenges when implementing and upgrading their software solutions. These challenges stem from technological complexities, organizational constraints, regulatory requirements, and cybersecurity risks that must be addressed to ensure successful deployment. However, with the right technology and expertise, financial institutions can overcome these hurdles and deliver seamless, secure, and efficient banking experiences.     Our Managing Partner, Raheel Iqbal, recently authored a comprehensive blog titled “The Evolution of Banking Systems Software: What You Need to Know.” In this insightful piece, he discusses the transformation from traditional to modern banking systems, their features, benefits, and the challenges associated with their implementation. Raheel also highlights some of the real-world projects we have successfully executed for our clients, detailing the key features and milestones of our success journey.    To read the full blog, visit: https://lnkd.in/dYCwKGZw #CodebaseTechnologies #Digibanc #FinancialSystems #BankingSystems #BankingEvolution

'Is open banking safe? Understanding the security of open banking.' Some of you may be new to #openbanking especially those in the #gambling industry or #eCommerce. You may also have a ton of questions about safety and security. This blog post answers them all. https://lnkd.in/eJ9t3i3N

💳 Curious about Open Banking? Dive into the pros and cons of this revolutionary financial model! Open Banking offers unparalleled access and control over your financial data, promoting innovation and competition in the financial industry. But, like any innovation, it comes with its own set of challenges. In our latest article, we break down the benefits, such as enhanced customer experiences and new financial services, as well as the potential risks, including data security and privacy concerns. Stay informed and understand the full spectrum of Open Banking. Read the full article here👉https://bit.ly/3qTA2Vf #OpenBanking #Fintech #DataSecurity

Our Summer Digital Banking Release, designed to elevate security, streamline payments, and enhance the overall user experience. These latest updates include: 🔒 Advanced security features to safeguard data 💳 Improved payment solutions for faster transactions 🌟 Enhanced user experience with a more intuitive interface These enhancements reflect our commitment to providing digital banking solutions that meet the evolving needs of #FinancialInstitutions and their account holders. Dive into the details and see how these innovations can make a difference for you can make a difference for your #Bank or #CreditUnion! 🔗 Read the full blog post here - https://bit.ly/3WMc63z #DigitalBanking #Fintech #Security #UserExperience #Payments #Innovation

As the year draws to a close, we're feeling rather reflective, so here's an article from the founders of Ozone API to fit the bill... Why was #openbanking needed? Why was the #openbankingstandard unique? What does the future of open banking look like? Here are the lessons we learnt from building the world’s first Open Banking Standard: http://ow.ly/pz2F50Nszo8

Open banking can add tangible, long-lasting value for community banks if done correctly. Great information here to get you on the right path. #communitybanking #communitybanks

Data Management Mastery: Huge Connect's Innovative Approach for Banks! Witness a new era in banking connectivity! As banks transition to Android terminals, data usage has skyrocketed, posing new challenges in data management and security. Imagine managing your data usage efficiently while keeping costs in check. Huge Connect isn't just solving current problems; they're paving the way for a smarter, more secure banking future! https://lnkd.in/eAxza4gF #datacost #banking #bankingsa