Alkami, a cloud-based digital banking solutions provider for financial institutions in the U.S., announced the success of its first external TechFin Hackathon, held as part of the Alkami Co:lab 2024 programming. Combining Alkami bank and credit union clients, fintech partners, and system integrators, TechFin Hackathon provided a collaborative forum to showcase creativity and develop cutting-edge projects.
The company said the TechFin Hackathon underscores its commitment to having a platform that financial institutions can embrace and extend to provide unique experiences to their account holders to create differentiation to drive innovation in digital banking and services. Participants at Alkami Co:lab were encouraged to engage in on-site development projects spotlighting leading-edge technologies, judged by a panel of industry leaders.
This year’s projects included a variety of widgets that introduce useful functionality, seamlessly embedded into the online banking platform experience, including a Rewards Redemption Widget, Donation Widget, Automated Savings Pod Widget, Product Rates Widget and Financial Advisor Chatbot. These projects were made possible by the creative problem-solving of the participants, and Alkami’s software development kit (SDK) and Installation Wizard launched at the conference.
The TechFin Hackathon witnessed innovation from participants across various financial institutions. Most notable were:
Video Hub – Connor Murphy from CUTEK and David Benning from HiFin Technology.
Product Rates – Kai Hudson from Keesler Federal Credit Union, Dineji Olaniyan from TTCU Federal Credit Union, Justin Pearce, and Krystal Ekern and Kimberly Duberstein from Connexus Credit Union.
Financial Advisor Chatbot – Troy Snowden from First Fidelity Bank, Micah Armantrout from SWIVEL, and Christian Steckler from Glia Technologies.
Deep Varma, chief technology officer at Alkami, said he was impressed by the participants’ ingenuity.
“The hackathon embodies Alkami’s drive for cutting-edge technology that positively impacts our financial services community,” Varma said. “Each participant displayed passion and collaboration, and it’s an honor to create and build technology that provides a platform for today’s and tomorrow’s industry leaders.”