A Bank CEO Manages the Risks of Doing Business with Fintechs

March 29th, 2017

Not all banks are comfortable taking on the risks of partnerships with startup fintech companies. Mike Butler is the president and CEO of Radius Bank, a $1 billion asset, Boston-based bank with three offices, and a national customer base serviced through innovative online and mobile technology. He explains how he handles the risk of doing business with fintech companies.

The video includes information on:

  • Radius Bank's Approach to Vendor Risk Management
  • Regulatory Concerns
  • The "Wall" That Protects Customer Data
This article first appeared in the Bank Director digital magazine.
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Naomi Snyder is the editor for Bank Directoran information resource for directors and officers of financial companies. You can follow her on Twitter at twitter.com/naomisnyder or get connected on LinkedIn.