On February 1st, 2021, LendingClub Bank N.A. acquired Radius Bank. The acquisition combines the strengths of two digital innovators with complementary businesses and a digital-first, branchless approach to banking. Visit https://ir.lendingclub.com/news/default.aspx for the latest news from the combined company.
A race is on to supply non-fintechs with backend financial technology to help improve their customer experience. Plenty of obstacles lie in the way. As the fintech market boomed, so too did business for the banking-as-a-service companies that helped startups interact with banks.Read more
A new year has begun, but the pandemic continues to throw financial and operational curveballs at banks, businesses and their consumers regarding how they conduct daily tasks or routine payments.Read more
Everyone should have a checking account. But not all are created equally. There are many factors to look at when choosing a bank for your checking needs. Monthly maintenance fees, minimum balance requirements, and other costs of a checking account will need consideration, as well as interest rates and rewards.Read more
Where you park your cash matters. Which is why The Ascent compiled a shortlist of the best banks and banking accounts of the past year. These awards winners led the pack with high APYs, low-to-no fees, modern online and mobile experiences, great customer satisfaction, and more.Read more
Radius Bank, a forward-thinking digital bank, announced today the next step in its partnership with API (application programming interface) banking leader Treasury Prime with the launch of their Commercial API Banking Platform and corresponding sandbox testing environment.Read more
Open banking seems like it’s been just around the corner for years. Now it’s here… But most organizations are still a little scared to move into it. Why? To find out, the Payments Innovation podcast caught up with Phil Peters, EVP/Chief Operating Officer & Head of Institutional Banking at Radius Bank.Read more