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90% of FinTechs View Credit Unions as Collaborators, Not Competitors
- Credit unions (CUs) and FinTech companies are shifting from rivals to partners.
- 66% of FinTechs see CUs as clients and 90% view them as collaborators.
- Challenges include slow decision-making and lack of innovation readiness at CUs.
- CUs and FinTechs collaborate on self-service banking solutions to meet digital-first consumers' needs.
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