American Eagle Financial Credit Union taps Alkami for digital banking platform
American Eagle Financial Credit Union has chosen Alkami Technology’s Digital Banking platform in the latest development of its digital transformation strategy.
AEFCU picks Alkami Technology’s Digital Banking platform
Founded in 1935, American Eagle operates as a full-service credit union, and with over $2.5 billion in assets, currently serves more than 180,000 members throughout Connecticut and Massachusetts in the US.
Alkami’s single-code platform will enhance both sides of American Eagle’s retail and business banking remit, offering payments, self-service card management, customer support, ACH reporting, analytics, and access to over 270 fintech integrations.
The platform also includes digital account opening, a capability Alkami is now set to expand through a deal it inked earlier this week to acquire fintech firm Mantl for $400 million.
Additionally, American Eagle has also picked Alkami’s data and marketing solutions, through which it is set to create “more targeted marketing campaigns to specific account holder audiences for use cases that will make the most impact on growth, revenue and share of wallet”, according to the Texas-based vendor.
Alkami’s deployment will sit alongside Fiserv’s DNA core account processing platform, which American Eagle has been using since 2020.
