Gartner Insights Abstract

How to Select a Fintech Partnership Model That Maximizes Benefits

Published: 25 July 2024

Summary

Fintech partnerships are a very potent means for financial services leaders to modernize their infrastructure and deliver cutting-edge products and services. This research helps financial services leaders determine which types of partnership are right for their organizations.

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Overview

Key Findings
  • Top priorities for financial services leaders in 2Q24 included modernizing business-critical systems and investing in emerging technology capabilities, both of which are integral to growing revenue, optimizing costs, reducing risk and remaining competitive.

  • In an environment with increasingly constrained budgets and heightened customer demand for digital services, strategic partnerships with external fintech organizations can help financial services leaders cost-effectively meet goals relating to technology, service and innovation.

  • Gartner has identified four main types of fintech partnerships that are available to financial services leaders: investment, experiment, operation and bet. These partnership types vary based on the type of innovation provided by

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Analysts:

Kristy Hoffman

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