Radius Bank : Why Work at Radius Bank ?
Radius Bank : Why Work at Radius Bank ?
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partnerships , while also keeping an eye out for emerging technologies such as cryptocurrency .
By partnering with fintechs , Radius drastically reduces its time to market and was able to rebuild its entire digital platform in a mere four months . “ Our digital banking strategy is built around fintech driven technology ,” Mancini explains . “ Push products , gain customers and create a frictionless experience . The biggest challenge is speed to market and flexibility . Aligning with partners that provide the high-tech platforms allows us to offer these industry-leading products and services to consumers and businesses .” Some partners play a major role in Radius ’ risk prevention programmes ; Alloy operates heavily within Radius ’ fraud prevention space . Together , the two companies rebuilt the model by which Radius judges the risk of potential customers , integrating a risk waterfall with seven to eight checkpoints . With the help of partners like Alloy , Radius Bank has been able to significantly decrease its fraudulent account openings . The financial benefits have also been high , while the technology costs of opening a new account decreased .
www . fintechmagazine . com