Customise Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorised as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyse the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customised advertisements based on the pages you visited previously and to analyse the effectiveness of the ad campaigns.

No cookies to display.

Search
Close this search box.

Cornerstone Financial Credit Union Launches BNPL in TN

Cornerstone-Financial-Credit-Union

Credit union meets members’ financial flexibility needs with instant access to extra funds while helping them stay within their budget

Cornerstone Financial Credit Union (Cornerstone) announced that it has added Buy Now, Pay Later (BNPL) to its online banking to provide members with on-the-go access to instant funds and extra flexibility. With over $627 million in assets and serving over 48,000 members, Cornerstone is the first credit union to launch BNPL in Tennessee.

Cornerstone is the first credit union to launch BNPL in Tennessee, and has selected equipifi to power its solution

Cornerstone announced that it has added Buy Now, Pay Later (BNPL) to its online banking to provide members with on-the-go access to instant funds and extra flexibility. With this launch, Cornerstone will extend personalized, pre-qualified BNPL offers to members in its digital banking experience.

Financial  Technology Insights: Froda and Lunar Bring Embedded Lending Partnership to Swedens SMEs

Cornerstone has selected equipifi, a leading BNPL platform designed for financial institutions, to power its solution. With this launch, Cornerstone will extend personalized, pre-qualified BNPL offers to members in its digital banking experience. Cornerstone’s BNPL program includes both a pre-purchase feature that gives members access to extra funds prior to shopping, and a post purchase feature that converts eligible debit card transactions into installment loans.

Financial  Technology Insights: TwentyOneVC Launches Crypto Arbitrage Service to Improve Market Efficiency

“Our mission is to deliver competitive offerings and exceptional services to our members, and that means providing them with financial flexibility when they need it,” said Donna Young, President of Cornerstone. “Launching BNPL with equipifi helps us meet our members where they are, and show our commitment to their entire financial lifetime.”

Financial  Technology Insights: Two-Thirds of Firms Lack Employee Crypto Trading Policies

Buy Now, Pay Later is a service that consumers need and want to receive from their financial institution,” said Bryce Deeney, CEO and co-founder of equipifi. “By launching BNPL, Cornerstone Financial Credit Union is providing their members with an elevated banking experience where they can be there for every important financial moment.”

Source: GlobeNewswire

To share your insights with the FinTech Newsroom, please write to us at news@intentamplify.com

Share With
Contact Us
StatCounter - Free Web Tracker and Counter