Banking Innovation news and trends

FinTechs Now See Credit Unions as Collaborators, Not Competitors
Credit Unions // August 27, 2024

Many FinTechs partner with credit unions (CUs) and other financial institutions (FIs) to provide the innovative products and services that today’s digital-first consumers expect. In fact, almost all view CUs as collaborators more than competitors. To be successful partners, FinTechs need to align their innovation...

Study Shows Top-Performing Credit Unions Innovate to Stay Competitive
Credit Unions // August 12, 2024

Credit union (CU) executives understand the importance of innovation. However, PYMNTS Intelligence uncovered a disconnect between how some CUs measure innovation success among different performance tiers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

New Data: Self-Service Innovation Emerges as Key to Credit Union Retention and Growth
Credit Unions // July 10, 2024

Credit union (CU) members tend to value benefits such as personal service and a sense of community associated with CUs. Data reveals, however, that CU members increasingly show interest in self-service options and the convenience they provide. Like many digital-first consumers, CU members increasingly expect...

Why Banks Are Starting to Care About MACH Architecture
Digital-First Banking // June 14, 2024

Financial institutions (FIs) can’t meet the evolving needs of digital-first customers with traditional solutions and infrastructure.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Interviews & Exclusives
Why FinTechs See Credit Unions as Their Next Big Growth Market

August 25, 2025
The financial services map is being redrawn, and credit unions are at the center. As FinTechs distance themselves from big banks, they’re forging bold new partnerships with smaller, more agile institutions. What’s driving this strategic pivot? PYMNTS Intelligence, in collaboration with Velera, dives deep into the motivations, the market shifts, and the technologies that are […]

FinTechs Now See Credit Unions as Collaborators, Not Competitors

August 27, 2024
Many FinTechs partner with credit unions (CUs) and other financial institutions (FIs) to provide the innovative products and services that today’s digital-first consumers expect. In fact, almost all view CUs...

Study Shows Top-Performing Credit Unions Innovate to Stay Competitive

August 12, 2024
Credit union (CU) executives understand the importance of innovation. However, PYMNTS Intelligence uncovered a disconnect between how some CUs measure innovation success among different performance tiers. Get the Full Story...

New Data: Self-Service Innovation Emerges as Key to Credit Union Retention and Growth

July 10, 2024
Credit union (CU) members tend to value benefits such as personal service and a sense of community associated with CUs. Data reveals, however, that CU members increasingly show interest in...

Quick Reads
HKMA, BOT Team On FinTech Initiatives

May 15, 2019
The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) announced on Wednesday (May 15) that they have inked a deal to collaborate to promote financial innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe […]