Alkami Customers Prevent Over $263 Million in Fraud with BioCatch
Alkami Technology (Nasdaq: ALKT) reported that its customers prevented over $263 million in fraud in 2025 using BioCatch's behavior-based fraud prevention. The partnership helped institutions like Gate City Bank and Raiz Federal Credit Union detect and deter fraudulent activities, with Gate City Bank reporting a 97% account takeover capture rate and $650K in deterred fraud loss over six months.
How this was made
The 30-second read
Why it matters
The announcement showcases a successful partnership and quantifies fraud avoided, potentially boosting market perception.
Market read
Highlights a notable fraud‑prevention achievement, but limited direct trading impact.
What to watch
No details on pricing, adoption rates, or competitive landscape are provided.
Background
Alkami Technology provides digital banking platforms; BioCatch supplies behavioral analytics for fraud detection.
Ticker impact
Alkami announced its customers prevented over $263M in fraud in 2025 using BioCatch behavior‑based protection.
likely modest upside as the news highlights effective fraud‑prevention capability.
The press release provides new quantitative results, but no direct financial guidance or contract size; impact is limited to perception.
Market effects
demonstrates growing demand for behavioral fraud‑prevention solutions in digital banking.
U.S. banking technology sector may see modest interest.
limited to firms offering similar security platforms.
Counterpoint
The disclosed fraud prevention numbers may not translate into immediate revenue growth for Alkami.
Key entities
- companyAlkami Technology, Inc.
US‑listed digital banking platform provider (NASDAQ: ALKT).
- companyBioCatch
Behavioral analytics firm partnered with Alkami.
