How a Credit Union created a top app, 60% faster with FinTech Insights

How a Credit Union created a top app, 60% faster with FinTech Insights

$27.5 million, and 70%. 

The former is the average cost of a digital transformation project, according to the International Data Corporation's Worldwide Digital Transformation Spending Guide

The latter is the percentage of digital deployments which, according to McKinsey, fail or fall short. 

Those aren't great odds, for any organization, including large international banks with deep budgets. But when you're an organization with limited resources, such as a regional bank or a credit union, it can become a chicken and egg situation. 

On the one hand, a better digital experience is increasingly one of the primary reasons Americans switch banks.

On the other hand, the dearth of widely available, easily accessible digital banking best practices means product managers and UX teams must spend huge amounts of time and energy trying to figure out the basics via trial and error. And if you have limited resources and budget to work with, the poor odds may not make it feasible. 

This is exactly the problem one of our clients faced before they signed up to our digital banking research platform FinTech Insights

Here's a rundown of how our platform helped them...

 

Read the full article on  CU Insight

 

Book a free demo to explore more about FinTech Insights and its capabilities.

 

Alexandros C. Argyriou : CEO of FinTech Insights
Alexandros is the CEO of FinTech Insights, the AI-powered competitive analysis platform for digital banking leaders. FinTech Insights has helped some of the largest banks and financial institutions in the world with digital transformation projects. The platform exhaustively analyses 500K+ legacy banks' and fintechs' user journeys and lets you experience them just as a customer would, so you can find out exactly how your competitors have addressed common challenges, build on their success, and learn from their mistakes.
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