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Alkami Research Studies Reveal Industry Perceptions on Fraud Prevention and Data Protection
ALKTAlkami(ALKT) Prnewswire·2025-03-28 14:00

Core Insights - Financial fraud losses in 2024 exceeded $12.5 billion, marking a 25% increase from 2023, with 77% of financial institutions anticipating a peak in fraud cases in 2025 [2] - A significant 93% of digital banking consumers prioritize data protection against fraudsters, while 91% emphasize the importance of safeguarding data from unauthorized third parties [4] Group 1: Fraud Prevention Strategies - Financial institutions are enhancing fraud prevention by adopting real-time fraud detection and a multi-layered approach, alongside educational initiatives for account holders [3] - 67% of surveyed banks and credit unions are willing to incentivize account holders to adopt stronger cybersecurity practices, indicating a shift towards collaborative fraud prevention [2] Group 2: Consumer Expectations - The research indicates that consumers are increasingly aware of the threats to their financial security and expect their financial institutions to take proactive measures to protect their assets [4] - The Generational Trends in Digital Banking Study highlights the critical importance consumers place on data security in their digital banking experiences [4] Group 3: Company Overview - Alkami Technology, Inc. is recognized as a leading provider of cloud-based digital banking solutions in the U.S., focusing on helping financial institutions grow and adapt in a digital landscape [5] - Alkami has received certification from J.D. Power for providing an outstanding mobile banking platform experience, underscoring its commitment to customer satisfaction [5][7]