Much ado has been made about “the growing fintech threat” in the credit union space. Well, most of that has blown over at this point. It’s pretty clear that most fintechs out there don’t want to be financial institutions. They just want to help out.
There are exceptions to this general rule, of course. Some fintechs are getting a little aggressive in their entryway into the banking realm.
But if you’ve been holding your breath waiting for the fintech threat to blow over…
Keep holding it.
Here comes big tech.