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