Alkami vs. Rebank

If you are looking for a high-quality online banking product and you don’t want/need to customize it too much, Alkami is a great choice- it has a lot out of the box and the people are great. If you need a lot of customization, and you don’t have the internal resources to help you do that, Alkami may be a challenge to satisfy your needs.

Incentivized

An amazing system that performs effectively enables multiple Banking operations to provide excellent and accurate data and its accounting functionalities are the best and easy to manage assets and track all the project payments and invoicing ability is also very good. For clients' data management and easy creating reports on cash flow and also on the project expense, Rebank offers the best capabilities.

• Mobile-first design is great on both iOS and Android.
• Broad array of retail banking capabilities.
• A large array of integrated partner products to enhance the core functionality of the base product.
• SDK and API-centric architecture are helping to design for the future of banking applications.

Incentivized

• See all your account balances in one place
• See an estimate of my runway

• SDK and APIs are not fully mature - while they are functional and have a bright future, the support infrastructure is not fully developed.
• Custom development can take a long time.
• They may be focused on sales over support given their recent public offering.

Incentivized

• Processing many payments at a go is challenging experience.
• Rebank integration especially for big data handling may slow the performance.
• Tracking a big history of transaction data is also very slow.

I actually use Wise and Rebank for different things. I have some multi-currency accounts on Wise that I use to get paid by my clients I then connect my Wise accounts and my accounts from other banks to Rebank where I can see all their balances and easily move money across them.

• Enabled a solid mobile first.
• Ember experience.
• Allowed flexibility via the SDK.
• Allowed us to focus on the business needs over the technology infrastructure.

Incentivized

• Rebank allows easy tracking of various project expense data.
• Budgeting is excellent.
• Analytics for financial operations are the best.
• Invoicing and transactions tracking through Rebank is effective.