Alkami Technology, Inc. announced that it has enabled its financial institution clients to benefit from direct application programming interface (API) access to Plaid. This is a first-to-market partnership with Plaid for Alkami where a majority of financial institutions are live, and Alkami is the first and major platform fully live on Plaid's FDX aligned API, Core Exchange. Partnerships between technology providers like Alkami and platforms like Plaid will be critical to quickly scale secure and reliable financial data sharing, with minimal technical effort or resourcing.

With the FDX aligned API in place, Alkami's financial institution clients can provide a reliable and consistent user experience for their end account holders, who can connect and link their financial accounts with Alkami. End users also benefit from a highly secure API connection and Alkami-powered financial institutions benefit from reduced friction, resulting in lower call center volume.