Constellation Digital Partners’ Post

Credit unions and fintechs can work together to meet the evolving needs of members and the rapidly changing competition. How do you find the right partnerships with nearly 30,000 fintechs out there? Check out these insights from TruStage.

Co-lending is fast emerging as a preferred loan category among Banks, NBFCs, and fintechs. Can this power of collaboration drive financial inclusion? We decode in a previous edition of #FutureFinance newsletter. Subscribe to our newsletter to stay on top of all things fintech here: https://lnkd.in/gA5gv_KX #Colending #FutureFinance #FintechNewsletter

Wealth Access, Inc. CEO David Benskin recently had the privilege of speaking at the Bank of America FinTech Private Company Conference 2024 in New York. David discussed the necessity of integrating technology and providing a seamless client experience to truly capitalize on the wealth management growth opportunity. It's clear that wealth management is becoming a cornerstone of strategic agendas for regional banks, offering stable fee income and the chance to consolidate client relationships. #WealthManagement #FinTech #WealthAccess #BankofAmerica #FinancialIndustry #ClientExperience #IntegratedTech #OneWealth #DigitalBanking #BOAConference2024

When working with credit unions, compliance is not just a box to check—it’s a foundational requirement. Credit unions operate under strict regulatory frameworks, and fintechs need to align with these to even begin discussions. Proactively addressing compliance in your early conversations will build trust and credibility, showing that your fintech is not only aware of the regulatory environment but is prepared to operate within it. Compliance also protects your growth, shielding your business from potential regulatory setbacks that could disrupt your expansion within the credit union market. Here's our guide for fintechs on navigating credit union compliance: https://drp.li/rY9Hd #Compliance #CreditUnions #Regulations #Fintechs #Strategy #ComplianceFirst #IgniteFI #RegTech #FinancialGrowth #creditunions

Knowledge nugget for the weekend. #creditunions partnering with any 3rd party can be risky. Early stage #fintechs or #CUSOs have a chicken or the egg problem, best way to sell to credit unions is showing that other credit unions are using the solution. There's opportunity here for credit unions that are forward thinking, willing to take strategic risks, comfortable with failing fast and learning, experiment with new ideas, and able to raise their hand when no one else will because of (name your barrier). NACUSO is building a community for all, but for some, fortune will favor the bold. We are looking for bold credit unions, of any size, to explore opportunities with FinTechs that are looking to make a name for themselves, that may not have a behemoth marketing budget to get noticed. In the coming weeks, NACUSO will be highlighting limited time opportunities for credit unions to take a swing at innovative breakthroughs. Are you one of those credit unions - let me know! So close AI, so close with the image of a credit union partying with a FinTech.

#openfinance has now started taking constructive shape among banks and fintechs. The major trend I see is openness to partnership to drive innovation. This quarter's Open Finance Radar focuses on just that. Here are 5 initiatives that are leading the way with partnerships. Explore the full report here - https://lnkd.in/gtXqKFYV #FinTech #DigitalTransformation #CustomerExperience #Innovation Sourav kumar Shrestha Patodia

“Bad regulation doesn’t mean regulation is bad.” June is a busy time for #Fintech folks. I’m at Fintech Week London today hearing about the importance of right size regulation as an enabler of innovation and a driver of inward investment from Lord Holmes. #Fintech #OpenBanking #Payments #Regulation

So… great news… Obvi is in the position of no debt & super profitable 🚀 But while we’re lucky to be in this position – we still want to have a line of credit open just in case we want to cycle our cash flow properly And since Ampla shut down, we’ve been on the hunt for help So I wanted to ask you We've been evaluating 5 different partners + 3 different banks And a couple other creative Fintech solutions Would it be helpful for me to share the journey on how we’re evaluating and what we’re seeing in terms of the market of debt providers? From what our criteria may be, what we’re looking for, the commonalities in the market, and anything else that pops up – would you like to see what we see?

Collaboration is the new competitive edge. Fintechs are increasingly seeing credit unions as valuable partners rather than rivals. By working together, they can harness the power of technology and community-focused banking to create more inclusive and innovative financial solutions. #iworkforComcast #Finance #Fintech #Collaboration https://lnkd.in/g9hG4zsa

#Fintech has hit a bottom after plunge in valuations and squeeze on #funding, execs and VCs say #venturecapital #financialservices #fintech #banks #banking #payments #ecommerce #digitaltransformation #FintechLive #DigBanking #FTWLondon https://lnkd.in/e3UbpdtF