CustomerStream Partners with Alkami to Offer Refer-a-Friend Account Acquisition Solution for Financial Institutions.
Community and regional financial institutions can now offer account holders a best-in-class refer-a-friend experience to significantly increase new account growth while lowering the cost of acquisition.
FRANKLIN, TN – CustomerStream, the leader in loyalty and account acquisition solutions for financial institutions has partnered with Alkami Technology Inc., to deliver a fully automated digital refer-a-friend platform for credit unions and banks. Through this strategic partnership, CustomerStream has integrated its ReferLive account acquisition engine into the Alkami Digital Platform to drive deposit and loan growth using the power of account holder referrals.
ReferLive enables community banks and credit unions to leverage account holder loyalty to generate banking referrals for friends, family, and co-workers that result in high-quality new account openings. ReferLive provides financial institutions an alternative channel for capturing new, profitable banking relationships through referrals while significantly reducing marketing costs. By extending the customer referral experience to the Alkami Digital Banking Platform, institutions can quickly and easily deploy a complete referral solution that drives growth from digital banking channels.
“CustomerStream is on a mission to bring affordable and easy to implement refer-a-friend solutions to financial institutions of all asset sizes,” said Jeff Dewald, Founder and CEO of CustomerStream. “ReferLive allows account holders to express loyalty and satisfaction with their financial institution and be rewarded for referring friends to open new deposit and loan accounts with a single click within home and mobile banking. It’s an easy win for both financial institutions and their account holders.”
About Alkami
Alkami Technology, Inc. is a leading cloud-based digital banking solutions provider for financial institutions in the United States that enables clients to grow confidently, adapt quickly, and build thriving digital communities. Alkami helps clients transform through retail and business banking, digital account opening, payment security, and data and marketing solutions. To learn more, visit www.alkami.com.
About CustomerStream, LLC
CustomerStream is a designated service provider for financial institutions. Our software has changed the way financial institutions acquire, engage, and retain their most profitable account holders. Our mission is to fully automate referral and loyalty programs for banks and credit unions of all asset sizes. ReferLive, by CustomerStream, continues to be the industry’s only omni-channel referral marketing platform designed exclusively for financial institutions. Our platforms deliver 100% compliant, automated referral experiences that your highest value account holders will enjoy. ReferLive’s multi-product referral platform generates an average 30% boost to loan growth and deposits. With ReferLive, your financial institution can easily grow retail checking, small business checking, credit cards, personal loans, and auto loans. Additional information can be found at CustomerStream.net.
