In the News

Leveraging Digital Channels to Bank Small Businesses

Small Business. banks. digital channels. Sep 21, 2023 Ron Shevlin, chief research officer at Cornerstone Advisors, highlights the opportunity for community financial institutions to reinvent their business checking accounts in a recent research report titled What Do SMBs Want in a Small Business Bank Account?

What Do SMBs Want In A Small Business Bank Account?

Small Business. Accounting & Finance. Aug 21, 2023 A new study of small to medium-size businesses (SMBs) from Cornerstone Advisors and StrategyCorps reveals surprising findings about small business banking.

New Credit Card Regulations Will Hurt Consumers And Small Business

Small Business. credit cards. Jul 10, 2023 In new research from Cornerstone Advisors, author Glenn Grossman points to studies that show that 79% of consumers choose credit cards as a payment option because of their data security.

Liberty Bank launches digital bank for small businesses

Small Business. Digital Banking. Bank Innnovation. Apr 17, 2023 Small business banking "is in some respects the last frontier for financial institutions," said Vincent Hui, managing director of Cornerstone Advisors. "With neobanks being more established in the consumer space, the opportunity is right for forward-thinking institutions to attack this space before all the other me-toos."

How Banks Can Avoid Losing Small-Business Loans to Fintechs

Small Business. Fintech. banks. payday loans. Dec 29, 2022 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.)

Community Banks Waking Up to Small Business Lending Opportunities

Small Business. Lending. banks. Nov 30, 2022 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.