FinTechs Now See Credit Unions as Collaborators, Not Competitors

How FinTechs Can Align With Credit Union Innovation Agendas

The majority of FinTechs see credit unions as clients and collaborators. FinTechs that successfully align their innovation agendas with credit unions’ wants could become market leaders, data suggests. PYMNTS Intelligence’s latest study, “How FinTechs Can Align With Credit Union Innovation Agendas,” a collaboration with Velera (formerly PSCU/Co-op Solutions), reveals the benefits of closer collaboration.

Inside the August Playbook
  • 3%: Portion of FinTechs that say CUs are more competitors than clients
  • 35%: Share of FinTechs that say they have at least one type of self-service banking innovation planned
  • 48%: Share of CUs that plan to offer at least one self-service banking feature in the next three years

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