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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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banks (2)

Innovation in banking: where will banks invest in the future?

In what is proving to be a profoundly uncertain 2023, a new study by Cornerstone Advisors, What’s Going On in Banking 2023, reveals what technologies banks and other financial organizations will be betting on.

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Zelle’s Growing Popularity with P2P Users Benefits Banks

Cornerstone Advisors found that 16% of its consumer sample identified as small business owners and about half of them accept some form of digital payment, with convenience being the leading reason.

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Digital Wallet Plan from Banks Just About Butting Heads with PayPal

"The big banks are going to struggle to disrupt the digital payments leaders, says Ron Shevlin, chief research officer at Cornerstone Advisors. “PayPal is clearly the 800-pound gorilla in this space,” he says."

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Where Banks Will Invest Their 2023 Technology Budgets: AI, APIs, CRM

A new study from Cornerstone Advisors, What’s Going On In Banking 2023, reveals where banks and credit unions will place their technology bets in this uncertain year.

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Big banks' proposed digital wallet payment system likely to fail

The growth of mobile app providers like PayPal and Square’s Cash App has created additional competition for traditional financial institutions, according to a study done last year by Cornerstone Research.

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How Community Banks Are Fueling The Growth Of Fintech

According to Cornerstone Advisors’ What’s Going On in Banking 2023 study, there are about 500 community banks and credit unions making direct investments into fintech startups.

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Poll: Growing deposits top priority for midsize banks in 2023

Midsize banks are more focused on growing small business deposits in 2023 than they were last year, according to a survey by Cornerstone Advisors of executives at financial institutions ranging from $250 million to $5 billion in assets.

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How Banks Can Avoid Losing Small-Business Loans to Fintechs

Research by Cornerstone Advisors has found that small businesses want to obtain accounting and payment services from their bank or credit union. (The same research also found that respondents would overwhelmingly prefer to borrow from their primary bank.)

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Why Banks Ought to be Wary of the Rapid Rise of Super-Apps

“According to Insider Intelligence, the super app model in Asia took off thanks to two factors: 1) unbanked populations jumping to mobile payments, and 2) strict app marketplace regulations,” Ron Shevlin, chief research officer at Cornerstone Advisors, wrote in an August 1 article for Forbes. “Neither of these factors is present in the US."

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Community Banks Waking Up to Small Business Lending Opportunities

56% of community bankers cited small business loans as a high priority in 2022 according to a new study commissioned by Amount and produced by Cornerstone Advisors.

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