In the News

CUs & Banks Doubled Digital Transformation Investments in 2022

bank digital transformation. credit union digital transformation. May 15, 2023 “The banks and credit unions in this report with the best overall financial performance consistently outperform their peer financial institutions on a wide range of digital banking metrics,” Cornerstone Chief Research Officer Ron Shevlin said. “The correlation is strong enough to suggest that institutions with improved digital banking performance are likely to improve overall business performance.”

Neobank for 62+ crowd touts early Social Security withdrawals

May 10, 2023 The primary way Charlie will make money is by interchange fees. Mary Wisniewski, editor at large at Cornerstone Advisors, notes that other neobanks are showing that is not a path to profitability.

The First Considerations in a Bank-Fintech Partnership

Fintech. Digital Banking. May 10, 2023 Ron Shevlin, chief research officer at Cornerstone Advisors, cites USAA as an example of what it means for a bank to have a strong digital strategy. When it comes to financial technology, a successful strategy begins before thinking about specific technologies or even using the word “technology,” Shevlin says.

Financial Institutions More Than Double Their Digital Transformation

fintech consulting. May 9, 2023 The 2023 Digital Banking Performance Metrics report from Cornerstone Advisors provides regional and community financial institutions performance benchmarks toward their business objectives

Finovate Spring Hosting 60 Live Demos Showcasing Disruptive Fintech

May 9, 2023 Fifty percent of registered attendees are senior decision-makers in the financial sector and include representatives of marquee names such as J.P. Morgan, U.S. Bank, Square, Charles Schwab, National Australia Bank, Walmart Marketplace, BNY Mellon, Cornerstone Advisors, Fiat Ventures, Santander, Consumer Financial Protection Bureau, Bain Capital Ventures and Bain Capital. Fifty percent of registered attendees are senior decision-makers in the financial sector and include representatives of marquee names such as J.P. Morgan, U.S. Bank, Square, Charles Schwab, National Australia Bank, Walmart Marketplace, BNY Mellon, Cornerstone Advisors, Fiat Ventures, Santander, Consumer Financial Protection Bureau, Bain Capital Ventures and Bain Capital.

Fintechs Offer Many Opportunities for Banks. But How Do You Decide?

Fintech. Digital Banking. May 9, 2023 Cornerstone Advisors’ annual “What’s Going On In Banking” survey of community banks found this year that 55% of respondents didn’t partner with a fintech startup in 2022; 20% had partnered with one fintech; 16% with two and the rest with three or more.

1 Slide, $1 Million Worth of Consulting

fintech consulting. May 4, 2023 Speaking to Co-op Solutions’ THINK 23 event, Ron Shevlin, chief research officer with Cornerstone Advisors, said credit unions must change their approach to financial health and wellness.

1 Slide, $1 Million Worth of Consulting

fintech consulting. May 4, 2023 Speaking to Co-op Solutions’ THINK 23 event, Ron Shevlin, chief research officer with Cornerstone Advisors, said credit unions must change their approach to financial health and wellness.

Escape The Squeeze

May 1, 2023 There’s a revenue crunch. To grow, pursue small-business services.

What’s Really Happening With Embedded Finance?

Accounting & Finance. Apr 29, 2023 Ron Shevlin, Chief Research Officer at Cornerstone Advisors, joins Jill Malandrino on Nasdaq TradeTalks from the Empire Fintech Conference to discuss what’s really happening with embedded finance.