A Bank CEO Manages the Risks of Doing Business with Fintechs

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A Bank CEO Manages the Risks of Doing Business with Fintechs

By: Naomi Snyder, editor-in-chief at Bank Director

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.

Editor-in-Chief Naomi Snyder is in charge of the editorial coverage at Bank Director. She oversees the magazine and the editorial team’s efforts on the Bank Director website, newsletter and special projects. She has more than two decades of experience in business journalism and spent 15 years as a newspaper reporter. She has a master’s degree in journalism from the University of Illinois and a bachelor’s degree from the University of Michigan. You can contact Naomi at nsnyder@bankdirector.com.

A Bank CEO Manages the Risks of Doing Business with Fintechs

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