Fintech partnership empowers financial institutions to level up small business financial wellness
Alkami Technology, Inc., a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., and upSWOT, a leading fintech platform that connects business applications for integrated data analysis and insight, have expanded their partnership by making upSWOT’s business insights from Alkami digital banking data a standard feature available to all Alkami business banking clients.
The dashboard is designed to empower businesses and financial institution relationship managers with real-time, actionable insights to:
- build loyalty and increase engagement opportunities.
- deliver more personalized and relevant offers to business users to increase cross-sell and upsell revenue rates.
- gain visibility into business health based on assets, debt load, short and long-term liabilities, and revenue pipelines.
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“Businesses need to quickly ascertain their performance and partner with a financial institution that can be their trusted advisor to ensure they thrive,” said Jeff Chen, vice president, product management at Alkami. “Making upSWOT a standard part of Alkami’s business banking solution allows our clients—regional banks and credit unions—to better serve the financial wellness of their business account holders by providing them with the data aggregation, visualization, and analytics they need to grow their revenue.” The data-driven insights from upSWOT also identify opportunities for timely recommendations related to business operations.
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“We believe that small businesses are the heartbeat of our communities. This philosophy drives our commitment to providing financial institutions with the innovative tools they need to not only help their business account holders grow but also build loyalty and drive engagement,” said Adam Dolby, senior vice president of partnerships at upSWOT.
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