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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 2 sources · 11 days · First seen · Last updated

Alkami Technology digital banking integration developments

Overview

Alkami Technology has expanded its digital banking capabilities through new data integration partnerships. Initially, the company announced an expanded partnership with Plaid to embed Plaid’s data network into the Alkami Digital Banking Platform. This integration allows U.S. banks and credit unions to offer account holders a “complete, connected view of their financial lives” by enabling instant linking of external accounts and unified transaction viewing.

Subsequently, Alkami announced an integration with Yodlee to transition data aggregation services to the Financial Data Exchange (FDX) API. This move aims to replace traditional screen scraping with OAuth 2.0 authentication, a transition intended to enhance security and stability by removing the need for institutions to share consumer credentials with third parties. Financial institutions have noted that this shift improves user experience by reducing connection disruptions.

Entities

Alkami Technology · Josh Winstead · Adam Yoxtheimer · Plaid

Timeline

  1. about 1 month ago

    [BUSINESS] 2 sources
    Alkami Technology integrates Yodlee with FDX API

    Alkami Technology is integrating Yodlee with the FDX API to replace screen scraping with more secure OAuth 2.0 authentication for U.S. financial institutions.

  2. about 1 month ago

    [TECHNOLOGY] 3 sources
    Alkami and Plaid Expand Partnership to Boost Connected Digital Banking

    Alkami Technology has integrated Plaid into its digital banking platform, enabling U.S. banks and credit unions to instantly link external accounts and provide unified financial data, while promoting a digital‑

Sources

senseaboutscience.org.uk · tradingview.com