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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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Cards & Payments

Credit unions spotlight new report in opposition to proposed processing fee changes

Florida Credit Union Association and Credit Union National Association are highlighting a new Cornerstone Advisors study that outlines the drawbacks of implementing such legislation not just in Florida, but nationwide.

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Federal Reserve Platform Will Finally Bring Payments To More Banks

Nearly a quarter of financial institutions were waiting for the FedNow launch to even adopt a real-time payments strategy, according to a report from financial services consulting firm Cornerstone Advisors.

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FedNow Real-Time Payments Are Here. What Should Banks Do Now?

A study conducted by Cornerstone Advisors found that 13% of banks and credit unions have already deployed real-time payments and that another 30% plan to go live with them in 2023.

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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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U.S. Century Bank Partners with Pidgin to Bring Real-Time Payments

"With nearly one in four banks rolling out RTP 2023, according to Cornerstone Advisors, there is no better time than now for banks to search for a fintech partner that aligns with their goals and mission,” said Abhishek Veeraghanta, CEO of Pidgin

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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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Peer-to-Peer Payments Are Key To Financial Institutions

As financial institutions look to revamp their payment strategies, peer-to-peer payments are expected to play a key role, says a report from Cornerstone Advisors.

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McLean's Primis Financial makes big bet on rare cash-back debit card.

Tony DeSanctis from Cornerstone Advisors is not convinced that Primis’ deposit-gathering strategy is sustainable. He said bank customers consider other things besides rate and price when opening new accounts and the digital experience has increasingly become the most important factor.

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Banks should prepare to spend big on cyberdefenses

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.

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