Halcyon Announces Strategic Partnership with DataVerify

As higher rates make bank M&A more expensive and harder to justify, banks and credit unions are turning to fintech partnerships instead, with announcements up 67% in 2024 even as completed acquisitions fell 34%. Partnerships deliver new capabilities in 90-120 days versus 18-36 months for in-house builds, all while preserving capital and reducing regulatory exposure. The institutions winning this shift are treating partnership infrastructure, not just partnership deals, as the real competitive advantage.