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In the News

Financial services media outlets frequently look to Cornerstone subject matter experts for insights and analytics on current industry issues.

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GoWest22: Cornerstone's Hooks Shares Intentional Strategies

Cornerstone Advisors. Nov 3, 2022 Lindsay Hooks, Director of Payments & Contract Negotiations, Cornerstone Advisors, joined us in the Studio Lounge during MAXX 2022 to share highlights from her conference presentation: "Intentional Strategies to Boost Non-Interest Income."

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Chime is cutting 12% of its staff

information technology staffing. Chime. Nov 3, 2022 It had more than 14 million customers as of May, according to research from Cornerstone Advisors.

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

financial marketing. Cards & Payments. debit. Nov 3, 2022 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

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.

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5 things to know about crypto today

cryptocurrency. Nov 2, 2022 “If the bank doesn’t have an investment arm, then getting into cryptocurrency is probably not the place to start,” says Chris Miller, director in the channels practice at Cornerstone Advisors. “But if the bank already has a wealth advisory division that handles investments, then it’s more feasible to offer cryptocurrency.”

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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.

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Improved Digital Account Opening Must Be a Top Priority for 2023

Digital Banking. Accounting & Finance. 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.

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Neobank aims to crack the code of finance for freemasons

Accounting & Finance. Oct 27, 2022 "Fraternal and religious organizations, labor unions — these people have common interests," said Sam Kilmer, managing director at Cornerstone Advisors. These ties "can be powerful because they are emotional."

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In line with the BaaS trend, Marqeta introduces seven new products

Oct 26, 2022 In the US, the BaaS market will reach over $25 billion in annual revenues in 2026, according to Cornerstone Advisors. But we are seeing a rapid maturation of the technology occurring now.

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