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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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