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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.

Media Mentions Press Releases

Banking-as-a-service grows as regulators play catch-up

Banking Dive. Oct 25, 2022 A sponsoring bank with 1 million consumer accounts, growing at 2% per month, that shares revenue for most revenue sources with a BaaS infrastructure provider would generate roughly $17.2 million in annual noninterest income from providing BaaS, according to a February report by Cornerstone Advisors.

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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.

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High-yield online savings accounts are making a comeback

Oct 25, 2022 “For the big banks, or even just banks in general, they are not raising the rates for a very simple reason: They don’t have to,” said Ron Shevlin, chief research officer for Cornerstone Advisors, a banking research firm.

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Neobanks aim for young, digital-savvy

Digital Banking. Oct 21, 2022 Neobanks also have some disadvantages, which Ron Shevlin, chief research officer at Cornerstone Advisors, outlined in a June 20, 2022, Forbes.com article based on Cornerstone research.

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The Playbook: Learn To Lead Better Into The Fintech Future

FinTech Weekly. Oct 21, 2022 As I reflected on how tech leadership has evolved over the past two decades, I looked at the series of “CIO Curriculum” articles published by our friends at Cornerstone Advisors.

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What the Apple Card High-Yield Savings Account is Really About

Accounting & Finance. apple. Oct 19, 2022 “Apple’s motivation is not to become a bank, but to drive an ecosystem,” says Ron Shevlin, Chief Research Officer at Cornerstone Advisors.

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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.

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More Brands Will Offer Secured Credit Cards for Customers

Credit Union 2.0. Oct 18, 2022 Recent research from Cornerstone Advisors shows that most U.S. consumers want to secure financial products directly from their favorite brands and that 32% will spend more with brands they bank with than they did previously.

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Mastercard tries to make crypto less scary for banks

Credit Union 2.0. Oct 17, 2022 Only 23% of financial institutions plan to launch cryptocurrency investment services during 2022 and 2023, according to Cornerstone Advisors, which also reports 60% of crypto users would access digital investment services through their banks if available. Only 4% of crypto users said they would not switch from their current fintech crypto trading platform, according to Cornerstone.

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SECU's protege credit union decides to go it alone

Credit Union 2.0. Oct 17, 2022 The potential departure from SECU could pose significant risks to LGFCU's operations overall, according to Tony DeSanctis, senior director with Cornerstone Advisors.

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