Citizens Bank Expands Alkami Partnership with MANTL for Digital Account Opening

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Summary · why it matters

Citizens Bank, an East Tennessee community bank, is expanding its partnership with Alkami by selecting MANTL to modernize its deposit account opening process. The integration will provide a unified digital journey for retail and business customers, enabling accounts to be opened in under five minutes online or ten minutes in-branch across the bank's 14-office network. The platform automates over 85% of application decisions, including KYC, AML, and BSA compliance checks, aiming to reduce manual work and accelerate deposit growth. This builds on Citizens Bank's existing use of the Alkami digital banking platform, combining MANTL's origination technology with Alkami's service suite to create a more intuitive onboarding experience.

Impact on assets 2

Cloud & Digital Infrastructure▲ · 1 stocks
Alkami Technology Inc
ALKT
▲ PositiveDemandrelevance

Citizens Bank expands partnership with Alkami by selecting MANTL, increasing demand for Alkami's platform.

Financials▲ · 1 stocks

Off-coverage companies 1

MANTLPrivate▲ Positive
Demandrelevance

MANTL selected by Citizens Bank for digital account opening, increasing demand for its product.