Banking Technology took a close look at Citizens Bank in their February issue and found the Boston based bank to be a hub of fintech activity; the company has launched peer-to-peer (P2P), trade finance, robo investment advisory, digital small business lending and an entirely digital savings bank, Citizens Access; “We’re doing quite a bit in digital,” says Charles Beyrouthy, assistant vice-president at Citizens, to Banking Technology. “We have quite a few different programs including partnerships with fintechs and fintech initiatives.”; the bank has used hackathons and meetings with local universities & startups to build a fintech network; viewing fintechs as collaborators instead of competitors has helped pave the way for Citizens to be one of the most forward looking banks in the U.S. today. Source.
