All Insights|Future Nexus
fintechJanuary 31, 2019

Radius Bank Offers a Small Bank Blueprint for Innovation

Chris Tremont, head of Radius’ virtual bank, joined the Tearsheet podcast to talk about how the bank has used fintech partnerships to build out their digital offerings; with 1 billion in assets Radius knows they cannot build multiple teams of in-house developers and tackle the many products they want to build; instead they have built out a network of fintech partners to help the bank to reach digital goals; the podcast goes on to cover how small banks can do more with not as many resources, examples of how a partnership improved their consumer offering and how the bank is also using fintech partnerships to build out their sales channel. Source.