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Stock impact report

New Study by Q2 Reveals Innovation Gap for Banks and Credit Unions

Q2 Holdings, Inc. (QTWO) 
Last q2 holdings, inc. earnings: 2/19 04:30 pm Check Earnings Report
Company Research Source: Business Wire
The report highlights financial institutions’ growing need for fintech partnerships to accelerate innovation and growth AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced the release of its new report on bank innovation and digital evolution. The study reveals that developing partnerships with fintech companies is a top priority for growth and innovation at these banks. According to the report, more than 60 percent of financial institutions see fintech partnerships as key to their growth strategy; however, only 12 percent of the survey respondents said they have fintech partnerships and can add new ones quickly.The financial services sector faces ongoing disruption. While digital experiences and user expectations have evolved—and continue to transform in fundamental ways— the study reveals that change-averse organizations are lagging. Most financial institutions (FIs) have r Show less Read more
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