Alkami Technology, Inc. reported that it has now surpassed 500 financial institutions that are live with its ACH and Check Positive Pay solutions, marking a significant milestone in the company’s fraud‑prevention and commercial onboarding portfolio.
The Positive Pay platform is designed to integrate plug‑and‑play with existing digital banking systems, eliminating the need for custom development. Institutions that have adopted the solution report fewer fraud losses, shorter implementation timelines, and reduced operational strain, according to Alkami’s own data. The rollout has attracted banks and credit unions at all stages of digital modernization, extending Alkami’s reach beyond its core credit‑union base.
The milestone underscores Alkami’s growing market penetration and the strong demand for fraud‑prevention tools. The company’s Positive Pay solutions are positioned to generate additional fee‑based revenue as institutions offer the service to their business clients, expanding Alkami’s recurring revenue base. Alkami’s recent J.D. Power certifications for Outstanding Mobile Banking Platform Experience in 2024 and 2025 further validate the quality of its integrated platform.
Industry data shows that fraud losses in 2024 reached over $12.5 billion, a 25% increase from 2023, highlighting the urgency for robust fraud‑prevention solutions. Alkami’s Positive Pay competes with other providers such as ACI Worldwide, Q2, and Digital Insight, but its plug‑and‑play architecture and proven track record give it a competitive edge in the market. The 500‑customer benchmark demonstrates that the company’s approach is resonating with a broad spectrum of financial institutions, from small credit unions to larger banks.
Management emphasized that the milestone reflects the company’s ability to help institutions move beyond legacy systems and deliver tangible fraud‑reduction benefits. The company’s leadership highlighted the importance of continued investment in its fraud‑prevention suite and the potential for further growth as more institutions adopt the platform.
The achievement signals that Alkami’s strategy of delivering integrated, easy‑to‑implement solutions is paying off, positioning the company for continued expansion in the fraud‑prevention and onboarding space.
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