Alkami And Plaid Partner To Provide Financial Institutions With Direct Access To Plaid Via The Financial Data Exchange Aligned API Core Exchange
Portfolio Pulse from Benzinga Newsdesk
Alkami Technology, Inc. (NASDAQ:ALKT) has partnered with Plaid to provide its financial institution clients with direct API access to Plaid's financial data network. This partnership is a first for Alkami and makes it the first major platform fully live on Plaid's FDX aligned API, Core Exchange. The integration will support Alkami's bank and credit union clients in competing with emerging fintechs, big tech, and megabanks.
November 09, 2023 | 3:02 pm
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Alkami's partnership with Plaid could enhance its competitive position in the digital banking solutions market by providing its clients with direct API access to Plaid's financial data network.
The partnership with Plaid allows Alkami to provide its clients with direct API access to Plaid's financial data network, which powers over 8,000 popular financial apps and services. This could enhance Alkami's competitive position in the digital banking solutions market by providing a value-added service to its clients. The integration will also support Alkami's bank and credit union clients in competing with emerging fintechs, big tech, and megabanks.
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