In the News

Traditional community banks are partnering more and more with fintechs

Written by Brett Johnson | Jul 12, 2023 10:43:00 PM

Based on a 2022 report from banking consultant group Cornerstone Advisors, nearly two-thirds of banks nationally partnered with at least one fintech company in the three prior years. Many of these partnerships have been banks trying to speed up something like drawn-out application processes with high-tech platforms.