Alkami Technology, a provider of online and mobile banking solutions for financial institutions, announced that Chubbuck, Idaho-based Idaho Central Credit Union (ICCU) has successfully launched its ORB digital banking platform for its consumers as well as its growing business banking users to provide a customized and innovative experience.
ORB seamlessly integrates with ICCU’s Fiserv DNA® core platform.
ICCU is delivering the ultimate digital banking experience to its members, and is supporting commercial members’ digital banking needs by launching Alkami’s ORB platform and new business banking product. This new business banking product enables ICCU to compete with regional and national commercial banks for business accounts by offering a seamless, modern digital banking platform with business features such as ACH, wires, bill pay, and external transfers.
Alkami’s ORB offers a highly competitive business banking product suite for small to mid-size businesses with up to 500 employees. In addition to ACH, Wire, bill pay and external transfers, it also features dual authorizations, entitlements, payment templates, ACH upload and several other of the most popular business banking requirements. ORB enables businesses to manage their employees, payroll and vendors with the same fully integrated, cohesive experience that retail and mobile banking provides to consumers. With 27 financial institutions currently contracted for this service, Alkami is experiencing strong demand for their business banking solution.
“Business banking is becoming a greater emphasis for us,” said Shannon Marshburn, eCommerce Product Manager at Idaho Central Credit Union. “Our mission is to help our members seamlessly manage their finances by providing exceptional service and diverse products. To accomplish that mission, we recognized that we must invest in an innovative digital banking platform that not only delivers a consistent and enjoyable experience for both our retail and commercial users, but one that provides the features our business members need. ORB was that platform for us. We’re thrilled to have had a successful launch for our members and look forward to growing our business banking portfolio.”
“Digital banking for commercial clients is increasingly a major focus for financial institutions, especially as they look for ways to compete with regional and national commercial banks,” said Stephen Bohanon, founder, chief strategy and sales officer of Alkami Technology. “To remain competitive, the most innovative institutions like ICCU are updating their digital banking platforms with the business member in mind, ensuring that the features those members need and want are available. Coupled with an exceptional user experience, ICCU will deliver the ultimate digital banking platform, and we’re excited to be a part of that.”