In the News

6 Strategies to Position Banks for Growth During & After a Recession

banks. revenue growth strategies. Nov 17, 2022 “Banking Transformed: Digital Banking Transformation Strategies to Withstand a Recession,” written by Financial Brand Associate Publisher Jim Marous and Ron Shevlin, Chief Research Officer at Cornerstone Advisors, draws on insights from financial institutions worldwide and third-party organizations.

Have digital banks transformed the US banking industry?

banks. Digital Banking. Nov 9, 2022 It's unclear how many customers directly deposit cash rewards from debit cards into their checking accounts, according to research from Cornerstone Advisors.

Banks should prepare to spend big on cyberdefenses

banks. Cards & Payments. spending. Nov 3, 2022 Cybersecurity was a leading concern for US bank executives polled this year by Cornerstone Advisors. Spending big to improve cybersecurity can feed back into banks’ bottom lines by strengthening digital trust and confidence among customers.

Durbin 2.0 Threat: Banks & Credit Unions Brace for Significant Impact

banks. credit unions. Nov 1, 2022 When Cornerstone Advisors asked about the level of interest in using third-party solution providers, 29% of organizations noted an interest in using outside partners to assist in building a better digital account opening process.

Online banks are leading the interest-rate charge

banks. Interest Rate. Oct 25, 2022 Ron Shevlin, chief research officer for Cornerstone Advisors, said there is a group of customers who actively manage their savings account and are willing to move the funds — what he called hot deposits. But a larger group of U.S. banking customers don’t look to maximize returns on their deposits.

Where next for banks on their rock-strewn cloud journey?

banks. cloud. Oct 18, 2022 The latest What’s Going On In Banking study from Cornerstone Advisors suggests that around two-thirds of US banks and credit unions now have applications running in the cloud.