In the News

5 things to keep in mind when choosing a core banking system

Core Processing. Aug 28, 2023 A slew of "unbundled" and "next-gen" cores, many of which come from overseas, are competing for market share in the U.S., promising cloud-native, digital-first and application programming interface-friendly environments, said Brad Smith, who leads Cornerstone Advisors' Transformation Services line.

European banks have to upgrade their core tech. Are U.S. banks next?

banks. Core Processing. Aug 4, 2023 Roughly 94% of U.S. banks rely on legacy core systems that conduct transactions in overnight batches, with the largest lenders leaning on mainframe systems built more than 40 years ago, said Brad Smith, a partner at Cornerstone Advisors.

Foretaste of the Speakers of FinovateFall 2023

Core Processing. Aug 3, 2023 Sam Kilmer, Managing Director at Cornerstone Advisors, will be among the speakers taking the stage.