# City First Bank Selects Alkami Technology's MANTL for Account Opening

- URL: https://stocks.freetheai.org/news/city-first-bank-selects-alkami-technology-s-mantl-for-account-opening-15a200
- Published: 2026-10-14T14:00:00Z
- Category: company_news; sentiment: neutral; impact: low
- Symbols: [NASDAQ:ALKT](https://stocks.freetheai.org/symbols/NASDAQ-ALKT)
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Washington, D.C.-based City First Bank has deployed the MANTL onboarding and account opening software provided by Alkami Technology, Inc. (NASDAQ:ALKT). The partnership aims to modernize retail account opening across the bank's digital and physical branches as it expands its footprint beyond traditional markets into areas such as Los Angeles.

The technology enables City First Bank to automate over 85% of application decisions. This includes automating Know Your Customer, Anti-Money Laundering, and Bank Secrecy Act compliance checks, as well as product configuration, account funding, and core booking. By streamlining these workflows, the community development financial institution seeks to increase operational efficiency while widening financial access for retail depositors.

Investors will be watching how Alkami Technology continues to drive adoption of its digital banking suite among regional and community financial institutions, and whether expanded partnerships translate into growth for its platform subscription revenue.

## Key points

- City First Bank adopted Alkami Technology's MANTL solution for retail account opening across digital and physical channels.
- The platform automates more than 85% of account application decisions, including identity and regulatory compliance checks.
- The agreement supports City First Bank's nationwide growth strategy, including expanded operations in Los Angeles.

## Questions and answers

### Why did City First Bank partner with Alkami Technology?

City First Bank adopted Alkami Technology's MANTL onboarding software to modernize its retail account opening experience across physical and digital channels and expand customer access nationwide.

### What processes will Alkami's MANTL platform automate for City First Bank?

The platform automates over 85% of application decisions, including Know Your Customer, Anti-Money Laundering, and Bank Secrecy Act checks, as well as product setup, account funding, and core booking.