Nutmeg State Financial Credit Union taps Alkami for digital banking upgrade

  • Nutmeg State Financial Credit Union, the sixth-largest in Connecticut, has partnered with Alkami Technology to upgrade its digital banking services.
  • The credit union will use Alkami’s Digital Banking Platform to offer members a wide range of online and mobile banking services, including:
    • Account aggregation
    • Financial wellness education
    • Instant loan payments
    • Advanced account management and monitoring features
  • The platform will also provide enhanced data and analytics to help the credit union better understand member behavior and personalize customer experiences.
  • CEO Greg Angelillo states the decision followed nearly two years of planning and a thorough selection process using a rigorous scoring methodology.
  • Alkami, founded in 2009, has gained several new clients recently, including IC Credit Union, Elevations Credit Union, and Intrepid Credit Union.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Monzo’s Savings Challenge: Addressing Customer Retention Gaps

How Monzo is tackling retention issues in their savings products.Highlights: Monzo launches a new savings challenge to enhance...

Abound Ventures into Mortgage Market with Ahauz Acquisition

A strategic move aimed at enhancing digital mortgage solutions.Highlights: Abound acquires Ahauz to enhance its mortgage offerings.The acquisition...

Visa Partners with BVNK for Stablecoin Payment Solutions

Exploring Visa's innovative step into the realm of stablecoin transactions.Highlights: Visa collaborates with BVNK to enable stablecoin payments.New...

Payments Association Urges Bank of England to Accelerate Stablecoin Development

Concerns grow over the regulatory hurdles facing stablecoin innovation.Highlights: Payments Association calls for regulatory clarity on stablecoins.Bank of...