Fintech startups and companies have grown in importance in recent years, disrupting the financial sector. Traditional banks and financial institutions also started to acknowledge the potential of these new players and the need to partner with fintech companies in order to provide more digital and innovative services. According to a survey conducted in December 2020 in the United States, digital account opening, mobile wallet, and fraud/risk management are the three areas in which credit unions' executives said their institutions already are working with fintech partners or were interested in such partnerships.
Interest of fintech partnerships according to credit unions' executives in the United States in 2021, by service
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Cornerstone Advisors. (January 26, 2021). Interest of fintech partnerships according to credit unions' executives in the United States in 2021, by service [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1238962/interest-of-credit-unions-in-fintech-partnerships-us/
Cornerstone Advisors. "Interest of fintech partnerships according to credit unions' executives in the United States in 2021, by service." Chart. January 26, 2021. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1238962/interest-of-credit-unions-in-fintech-partnerships-us/
Cornerstone Advisors. (2021). Interest of fintech partnerships according to credit unions' executives in the United States in 2021, by service. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1238962/interest-of-credit-unions-in-fintech-partnerships-us/
Cornerstone Advisors. "Interest of Fintech Partnerships According to Credit Unions' Executives in The United States in 2021, by Service." Statista, Statista Inc., 26 Jan 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1238962/interest-of-credit-unions-in-fintech-partnerships-us/
Cornerstone Advisors, Interest of fintech partnerships according to credit unions' executives in the United States in 2021, by service Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1238962/interest-of-credit-unions-in-fintech-partnerships-us/ (last visited November 10, 2024)
Interest of fintech partnerships according to credit unions' executives in the United States in 2021, by service [Graph], Cornerstone Advisors, January 26, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1238962/interest-of-credit-unions-in-fintech-partnerships-us/