Alkami’s new research study reveals the four cohorts of digital maturity unique to financial institutions that offer business banking. Among the most digitally mature organizations, financial institution leaders that prioritize culture, strategy, and technology are experiencing nearly 10x more average annual revenue growth than their least digitally mature counterparts.

Key findings from the research report:

• Digital maturity is comprised of three guiding principles – user experience, employee productivity, and mindset.
• Financial institutions who view megabanks’ capabilities as a benchmark and have an aggressive transformation strategy in place are more likely to close competitive gaps in their digital offerings.
• Asset size alone does not ensure digital maturity; 20% of the most mature organizations have less than $1 billion in assets.

Download the report to dive deeper into each cohort of business banking digital maturity and uncover actionable strategies that can take your operations to the next level.