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Most CUs Planning Fintech Partnerships in 2020, Survey Finds

“Compared to banks, credit unions are way in the lead in terms of deploying emerging technologies."

Connecting credit unions and fintech organizations in 2020. Source: Chan2545/Shutterstock.

Fintech partnerships are at the top of many credit unions’ tech to-do lists this year, but the percentage of credit unions making digital expansion a top priority is changing, according to new data from Cornerstone Advisors.

In the Scottsdale, Ariz.-based company’s survey of 300 senior executives of mid-size banks and credit unions, 76% of credit unions said fintech partnerships were an important part of their business strategies this year. Improving member experience was a top priority for credit union fintech partnerships, as was strengthening core competencies and creating new ones.

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Tina Orem

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