In the News

Today’s news builds on Uplinq’s growth and momentum at the forefront of the small business lending industry. The company recently released a white paper on fair and accessible lending for small businesses with Cornerstone Advisors.

For banks thinking about undergoing a digital transformation such as Panacea’s, it’s imperative that everyone in the organization is aligned. Digital transformations are only successful when they are accompanied by complete buy-in from the entire organization, says Chris Miller, senior director at Cornerstone Advisors. “It’s not a one-and-done scenario, it is progressive change,” says Miller, “It’s a marathon, not a sprint.”

In a recent Forbes blog, Ron Shevlin, chief research officer at Cornerstone Advisors, writes, “It’s time for banks — and all BNPL detractors — to get with the program,” noting how usage of BNPL has skyrocketed, especially at holiday times.

Many credit unions are eager to offer auto loans. According to a survey of 359 financial respondents from Cornerstone Advisors, roughly 77% of credit union representatives held that the market segment will be the most important to their business in 2024. "There was still a competitive appetite for credit unions to extend auto loans to borrowers in 2023, but the market was certainly impacted by the rising rate environment," said Daryl Jones, senior director at Cornerstone Advisors.

Steve Williams, President and Partner of Cornerstone Advisors, stopped by the Studio Lounge for a brief but impactful visit to share the breaking news regarding Cornerstone Advisors acquiring Maple Street, an established provider of vendor management solutions and services for banks and credit unions.

New research from Cornerstone Advisors and BaaS provider Synctera helps points to banks’ growing interest in BaaS and the path forward for banks and fintechs.

Ron Shevlin of Cornerstone Advisors brings clarity to a convoluted space where both credit unions and fintechs fight for relevance.

Cornerstone Advisors acquires Maple Street, aiming to transform vendor management in the financial sector. This move marks a significant evolution in strategic vendor relations and operational efficiency.

A groundbreaking report by Cornerstone Advisors reveals the US government as a new banking competitor, highlighting the industry's evolving challenges and the imperative for creativity and technological adaptation.

Consumer Financial Protection Bureau just finalized a rule capping the maximum late fee for card issuers with over 1mm accounts to $8. Let’s talk about it!