Alkami Hosts First External Hackathon; Celebrates Innovation in Digital Banking

Rhea-AI Summary

Alkami Technology, Inc. (Nasdaq: ALKT) hosted its first external TechFin Hackathon as part of the Alkami Co:lab 2024 programming, showcasing innovation in digital banking. Participants developed cutting-edge projects using Alkami's platform and SDK, fostering creativity and collaboration among financial institutions, fintech partners, and system integrators. Notable projects included various widgets enhancing online banking experiences. The hackathon highlighted exceptional innovation from participants across different financial institutions, emphasizing Alkami's commitment to driving innovation in digital banking.

Positive

• The success of the TechFin Hackathon demonstrates Alkami's commitment to fostering innovation in digital banking, showcasing creativity and collaboration among industry leaders.

• Participants developed cutting-edge projects using Alkami's platform and SDK, introducing new widgets to enhance online banking experiences for account holders.

• The hackathon provided a collaborative forum for financial institutions, fintech partners, and system integrators to showcase their creativity and drive innovation in digital banking services.

Negative

• None.

The company proudly honors TechFin developers recognized for their innovation in digital banking

PLANO, Texas, May 8, 2024 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced the success of its first external TechFin Hackathon, held as part of the Alkami Co:lab 2024 programming. Combining Alkami bank and credit union clients, fintech partners, and system integrators, the event provided a collaborative forum to showcase creativity and develop cutting-edge projects.

The hackathon underscores Alkami's commitment to having a platform that financial institutions can embrace and extend to provide unique experiences to their account holders to create differentiation to drive innovation in digital banking and services. Participants at Alkami Co:lab were encouraged to engage in on-site development projects spotlighting leading-edge technologies, judged by a panel of esteemed industry leaders.

Notably, this year's projects included a variety of widgets that introduce useful functionality, seamlessly embedded into the online banking platform experience, including a Rewards Redemption Widget, Donation Widget, Automated Savings Pod Widget, Product Rates Widget, Financial Advisor Chatbot and more. These projects were made possible by the creative problem-solving of the participants, as well as Alkami's software development kit (SDK) and fast and intuitive SDK Installation Wizard launched at the conference.

The TechFin Hackathon witnessed exceptional innovation from participants across various financial institutions. Most notable were:

• Video Hub – Connor Murphy from CUTEK and David Benning from HiFin Technology.
• Product Rates – Kai Hudson from Keesler Federal Credit Union, Dineji Olaniyan from TTCU Federal Credit Union, Justin Pearce, and Krystal Ekern and Kimberly Duberstein from Connexus Credit Union.
• Financial Advisor Chatbot – Troy Snowden from First Fidelity Bank, Micah Armantrout from SWIVEL, and Christian Steckler from Glia Technologies.

Deep Varma, chief technology officer at Alkami, admired the participants' ingenuity, stating, "The hackathon embodies Alkami's drive for cutting-edge technology that positively impacts our financial services community. Each participant displayed passion and collaboration, and it's an honor to create and build technology that provides a platform for today's and tomorrow's industry leaders."

To learn more, please read the TechFin Hackathon recap blog here.

About Alkami
Alkami Technology, Inc. is a leading cloud-based digital banking solutions provider for financial institutions in the United States that enables clients to grow confidently, adapt quickly, and build thriving digital communities. Alkami helps clients transform through retail and commercial banking, digital account opening, and data and marketing solutions. To learn more, visit www.alkami.com.

Media Relations Contacts
Vested
alkami@fullyvested.com

Marla Pieton
marla.pieton@alkami.com

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SOURCE Alkami Technology, Inc.

FAQ

What is the purpose of the TechFin Hackathon hosted by Alkami?

The purpose of the TechFin Hackathon hosted by Alkami is to showcase innovation in digital banking, foster creativity, and develop cutting-edge projects using Alkami's platform and SDK.

Who were the notable participants in the TechFin Hackathon?

Notable participants in the TechFin Hackathon included individuals from various financial institutions who showcased exceptional innovation in digital banking projects.

What were some of the projects developed during the TechFin Hackathon?

Projects developed during the TechFin Hackathon included a variety of widgets enhancing the online banking platform experience, such as a Rewards Redemption Widget, Donation Widget, Automated Savings Pod Widget, Product Rates Widget, Financial Advisor Chatbot, and more.

What was the role of Alkami's software development kit (SDK) in the hackathon?

Alkami's software development kit (SDK) played a important role in enabling participants to develop innovative projects during the TechFin Hackathon, providing fast and intuitive SDK Installation Wizard launched at the conference.

Who was the chief technology officer at Alkami impressed by the participants' ingenuity?

Deep Varma, the chief technology officer at Alkami, was impressed by the participants' ingenuity during the TechFin Hackathon, acknowledging their passion and collaboration in driving cutting-edge technology in the financial services community.