In the News

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.)

Tracking Apple's growing fintech ambitions

Fintech. apple. Nov 23, 2022 Apple Card, the company's digital credit card that launched in 2019, counted 6.7 million users as of early 2022, according to a Cornerstone Advisors survey of credit card users.

Walmart's Fintech: 'Exactly What We've Worried About

Fintech. Oct 7, 2022 "They're trying to create a low-cost banking account with budgeting apps, but does it make sense to move into retirement plans for folks like that, when you're barely scraping by?" asked John Meyer, senior director at Cornerstone Advisors.