Search Results for "Cornerstone Advisors"
2 results for "Cornerstone Advisors"
Deals 2
Cornerstone Advisors Acquires Maple Street for Bank-Fintech Vendor Management
Cornerstone Advisors acquired Maple Street, a vendor management firm serving banks and fintechs. The deal strengthens Cornerstone's advisory capabilities for financial institutions managing fintech partnerships. It reflects growing demand for third-party risk management in BaaS relationships.
US Community Banks Rapidly Expanding Fintech BaaS Partnerships in 2023
Traditional community banks, including First Bank, are increasingly partnering with fintechs through white-label BaaS programs, with some banks maintaining up to a dozen fintech relationships. A Cornerstone Advisors report found 66% of US banks had partnered with at least one fintech. Revenue sharing and technology upgrades are driving adoption despite heightened regulatory scrutiny.