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Quarterly Fintech Update: Deposit Displacement and Fintech Trends with Cornerstone Advisors’ Ron Shevlin

3/26/2019 2:00 PM - 3/26/2019 3:00 PM Eastern Time (EST)

Deposit Displacement and Fintech Trends with Cornerstone Advisors’ Ron Shevlin

The biggest impact from financial technology (fintech) hasn’t been on traditional financial providers; the biggest impact has been on the way consumers manage their financial lives. Although 94% of U.S. households have a checking account, the importance of that checking account has diminished. Fintech has enabled a trend called deposit displacement, which is the displacement (or diversion) of funds away from traditional checking accounts to alternative products and accounts like health savings accounts, P2P payment apps, robo-advisors, and merchant mobile wallets.

Join us for our first quarterly fintech update webinar of 2019 as we discuss and explore this phenomenon and broader fintech adoption and usage trends. We will also identify the tactics and strategies that financial institutions need to deploy to effectively compete in today’s market.

Hosted by Keith Riddle, CEO/president of Sherpa Technologies, and Ron Shevlin, Managing Director of Fintech Research for Cornerstone Advisors.

Please contact Matt Murray, at 866/MyCorp1, ext. 9279, or with any questions.

You will be taken to an external website to register

About Sherpa Technologies

Sherpa Technologies, a wholly owned CUSO of Corporate One FCU, is leading credit unions on a journey of digital transformation to provide integrated, seamless and personalized member experiences. Our team’s extensive knowledge can be leveraged to complement our partner credit unions with the desired insights, so they can successfully serve their members in a dynamic digital financial marketplace. Our Mosaic Platform provides a comprehensive application development framework, integrates an ever-expanding suite of vetted solutions with credit union systems and applications, and optimizes data to drive new insights, personalization and credit union growth. We invite you to learn more at