Fintechs Prefer a Unified Onboarding Process
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AI-assisted source synthesis · not an independent investigation.
On October 14, 2026, a survey reported by PYMNTS showed that simplifying the onboarding process could increase fintech companies’ willingness to partner with credit unions. Among fintech companies hesitant to partner with credit unions, 58% said that a bundled, one-time onboarding process would increase their willingness to partner. Among fintech companies already selling products to credit unions, 56% viewed the complexity of the procurement process as a key obstacle, 54% cited slow decision-making, and 50% cited infrastructure incompatibility with new technologies. Among fintech companies that have not yet sold to credit unions, 74% were open to entering the market, with 48% saying they were likely or very likely to begin selling within the next three years.
AI-written from reports · updated 5 days ago
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- PYMNTSCredit unions may attract more FinTech partners through streamlined onboarding
The survey found that 58% of FinTechs hesitant to work with credit unions said a bundled, one-time onboarding process would increase their willingness to partner. Among FinTechs already selling to credit unions, 56% viewed complex procurement processes as a key obstacle, 54% cited slow decision-making, and 50% said infrastructure was not compatible with new technologies. Among FinTechs not selling to credit unions, 74% were open to entering the market, with 48% saying they were likely or very likely to start selling within the next three years.
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