Alkami Technology, Inc. announced strong performance metrics for its Positive Pay Platform, which saw a 47% year-over-year increase in transactions monitored, reaching $729 billion in 2024. The platform successfully stopped or returned $3.6 billion in potentially fraudulent activity, marking a 36% increase over the previous year.
These results were highlighted in an upcoming webinar focused on check fraud prevention strategies, featuring experts from Trustmark Bank and the U.S. Postal Inspection Service. The webinar aims to provide financial institution leaders with practical approaches to enhance fraud defenses and improve positive pay adoption.
Taylor Adkins, vice president of product management at Alkami, stated that these results reflect the growing trust clients place in the platform to protect both check and ACH payments. The platform's effectiveness in mitigating significant financial risks reinforces Alkami's value proposition in payment security for its clients.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.