- pexels photo 275606 150x150 - Radius Bank Partners With Fintech Mantl for Account Opening Platform | Bank Innovation

Boston-based Radius , along with its NYC-based partner , has opened a digital opening , the bank announced. This allows users to reduce the it takes to open a new bank account to under four minutes, the bank said.

The platform, which was built in August 2017, has also allowed Radius to significantly reduce the number of applications for accounts that need to be manually reviewed (a 95% reduction, it reported).

Developed in tandem with Mantl, this partnership is the latest move by the Boston bank to establish an innovative place in the financial ecosystem.

It follows several other key partnerships with fintechs, including one with lender Prosper and another with socially conscious banking service Aspiration for checking accounts, both in 2015.

Read more at Finextra, American Banker, and GlobeNewsWire.

To learn more about online banking and partnerships, join us on March 5-6, 2018 at the Parc 55 in San Francisco for Bank Innovation 2018. Click here to request an invitation.

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