24 min
Fintech Partnership Success: How to Properly Leverage Fintech Providers| LendKey 2020 The CU Lab with NAFCU Services
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- Business
A fintech partnership allows credit unions to expand into new markets, reach new members, and provide new products/services to the existing member base with greater efficiency and at a lower cost. These partnerships can be leveraged for success while staying compliant if the right processes are in place. In this conversation, we cover the benefits and potential pitfalls of partnering with a technology company, including how to properly vet a potential fintech partner.
A fintech partnership allows credit unions to expand into new markets, reach new members, and provide new products/services to the existing member base with greater efficiency and at a lower cost. These partnerships can be leveraged for success while staying compliant if the right processes are in place. In this conversation, we cover the benefits and potential pitfalls of partnering with a technology company, including how to properly vet a potential fintech partner.
24 min