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Financial services media outlets frequently look to Cornerstone subject matter experts for insights and analytics on current industry issues.

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‘Goodwill Credit’ For Apple Saving's Could Cost It $200 Million

To placate disgruntled customers, Apple announced it would offer a $100 “goodwill credit” to affected savings account holders. At $100 per goodwill credit, Apple could be on the hook for $200 million in credits.

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Global newsletter: What’s the vision for Vision Pro?

Grumpy Gus Ron Shevlin suggested Apple’s move was more about protecting their territory from Meta than changing the fake world.

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Will Apple’s Vision Pro Revolutionize Banking?

After the Vision Pro revolutionizes retail, travel, and entertainment—and after Apple releases Vision Pro Contact Lenses—then let’s talk about the Vision Pro revolutionizing the banking industry.

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Apple’s financial moves could offer lesson for fintechs

“Apple is just not going to become everything for everybody," says Ron Shevlin, chief research officer at Cornerstone Advisors. "The fintechs need to really understand and stick to their strategy, their approach, their differentiation, and their market.”

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Apple Card’s Savings Account Is Another Brick in the Walled Garden

Ron Shevlin, chief research officer at Cornerstone Advisors, responded: “I don’t think it’s supposed to be ‘transformational.’ I think it’s designed to drive more utilization of Apple Pay and Apple Card. And to make Apple more money."

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Apple Launches its Savings Account with 4.15 Percent Interest Rate

In May 2021, Cornerstone Advisors estimated that there were 6.4 million Apple Card users.

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Apple Launches Apple Pay Later And It’s Going To Be A Winner

Apple Pay Later Is a win-win-win

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Goldman Offers Services Through Apple as It Revamps Consumer-Banking

“It’s driving loyalty and engagement with the iPhone and maybe the iPad—it’s about the Apple ecosystem,” said Ron Shevlin, chief research officer at Cornerstone Advisors, a banking and fintech advisory firm.

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Tracking Apple's growing fintech ambitions

Apple Card, the company's digital credit card that launched in 2019, counted 6.7 million users as of early 2022, according to a Cornerstone Advisors survey of credit card users.

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What the Apple Card High-Yield Savings Account is Really About

“Apple’s motivation is not to become a bank, but to drive an ecosystem,” says Ron Shevlin, Chief Research Officer at Cornerstone Advisors.

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