Bank/FinTech Partnerships Prove Successful, Trend Will Continue

Bank and financial technology companies have been pitted against each other as bitter rivals throughout the years, but the two are finally coming together on products and services that can better serve customers. In fact, a recent survey from Cornerstone Advisors found that financial institutions are making fintech partnerships a key priority in 2020, with 65 percent of banks and 76 percent of credit unions saying these partnerships will be an important part of their business strategies this year...