January 26, 2021

Level of Interest in Fintech Partnerships According to US Bank Executives, Dec 2020 (% of respondents in each group)

Description

II Branded

Note

Respondents were asked, "How interested is your institution in fintech partnerships that provide the following capabilities, products, or services?"

Methodology

Data is from the January 2021 Cornerstone Advisors report titled "What's Going On in Banking 2021." 260 senior executives, 55% from banks and 45% from credit unions, from U.S.-based mid-size financial institutions were surveyed during December 2020. 19% of respondents are with financial institutions with $500 million to $1 billion in assets, 31% are with financial institutions with $1 billion to $3 billion in assets, and 23% are from financial institutions with assets between $3 billion and $20 billion. Of the respondents, 24% were CEOs, 39% were other C-level executives/EVPs, 26% were SVPs/VPs, and 11% were directors/senior directors/managers.