Alkami report flags digital account opening averaging 7.4 minutes as banks vie for primary relationships

Alkami published a generational digital-banking analysis urging banks and credit unions to tailor digital journeys by life stage. Digital experience quality ranked essential or important by 85% when choosing a new primary provider, raising competitive pressure on incumbents. Account opening flagged as a key conversion point, with average digital opening time at 7.4 minutes across financial institutions. Gen Z signals demand for guidance: 81% want goal understanding, 57% seek education from their primary provider, 33% plan more relationships. Risk-control priorities sharpen with age: Gen X shows 78% comfort with AI fraud alerts; Baby Boomers cite 97% importance for data protection. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alkami Technology Inc published the original content used to generate this news brief on October 12, 2026, and is solely responsible for the information contained therein. (C)