With continued pressures on interchange margins from several directions (i.e. regulatory, fintech, consumer behavior), Banks and Credit Unions need the ability to measure the impact of interchange compression on its financials as well as identify specific Calls to Action to mitigate the impact. Cornerstone’s proprietary Payments Stress Tool enables Financial Institutions to model various adverse scenarios as well as key drivers to offset the effects.
While the various payments products and services offered by a community bank may generate as much as one-third of the bank’s overall revenue, it’s not out of the ordinary to find that payments programs are not measured in any sort of systematic and overarching way…
An executive exchange for Bank Payments executives to unlock the value of peer collaboration: share best practices, vet new ideas, and build productive relationships with fellow leaders.