We combine the knowledge gained from numerous customer engagements with the proprietary peer benchmark data in our Performance Vault™ to ensure each client has a clear understanding of its opportunities and risks. We will develop an actionable strategic plan and roadmap for achieving client goals and ensuring the payments business is future-ready.
No area of financial services has seen more changes and new entrants than the payments arena. With payments revenue accounting for as much as 40% of an institution’s non-interest income, banks and credit unions must take a proactive approach to protect and grow this revenue engine to its full potential. Cornerstone Advisors can be an indispensable partner in this strategy.
“We couldn’t have arrived here without Cornerstone Advisors. We’re very happy with the work and we definitely got a much better result than we could have on our own. The knowledge and experience in the payments area was very valuable and made this project very smooth.”
— Ken Long, SVP, CIO SESLOC Federal Credit Union
Payments Growth Initiative (PGI), Payments Scorecard and Payments Stress Test tools help financial institutions drive measurable revenue growth and profit improvement in their payments businesses
Cornerstone Contract Vault™ ensures that our clients receive the best market pricing and terms on contracts and card branding and marketing incentives
Our vendor selection and card conversion services ensure that new strategies can be implemented with minimal customer impact
For clients re-entering the credit card business, Cornerstone can develop an objective business case and road map to grow this new product area via our extensive Credit Card ROI assessment
Cornerstone helps clients explore untapped areas of revenue in the business credit and debit markets
Cornerstone’s research function allows our clients to be fully informed regarding innovations and emerging strategies in the payments arena