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Banks and Credit Unions View Fintech Partnerships a Key Growth Strategy for 2020

Gonzobanker

Fintechs can provide better design capabilities, improved customer experience, research states. Financial institutions are making fintech partnerships a key priority in 2020, according to a new study from Cornerstone Advisors. These numbers represent an increase from 49% and 60%, respectively, in 2019. Register here.

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Consumers are relying more on finance apps, survey finds

American Banker

A survey conducted by Harris Poll and commissioned by Plaid found that 60% of U.S. adults are using more apps to manage money since the onset of the pandemic.

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This Week’s Reads: Passwords, Bank Branches, Fintech

Banking 2020

Do Americans hate bank branches so much they’d rather use their phone?: A recent survey found that 23% of consumers choose to use their smartphones as their primary access point for their checking accounts, showing a significant amount of consumers who choose mobile banking over their bank branch.

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