Boston Community Operations Software 
Bank Innovation
MAY 24, 2019
As big banks try to win over customers with digital upgrades that resemble slick user interfaces from fintech startups, community banks are looking at new ways to keep pace with customer expectations. Radius Bank, a one-branch Boston-based community bank with $1.2 Many are seeing partnerships as the path to growth.
PYMNTS
DECEMBER 9, 2019
Founded in 2000 by CEO Michael Praeger, the Charlotte, North Carolina-based firm provides software that automates payments, invoicing and accounting for small and mid-sized businesses (SMBs). percent through 2028, according to Boston Consulting Group. Revenue growth in the business payments sector is expected to grow by around 5.6
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PYMNTS
NOVEMBER 26, 2019
Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. As SMBs seek opportunities to expand their operations, and reach new customers and markets, they will need the right spend and workforce tools to ensure funds are spent appropriately. billion in value by 2025.
PYMNTS
NOVEMBER 26, 2019
Bank Branch Closings Take Toll On Rural Communities. Rural communities with lower incomes or a higher percentage of minorities experienced the most closings, losing 1,553 bank branches in 794 counties, a decline of 14 percent. Urban areas, however, lost only 9 percent of offices in 802 communities. for $4 billion.
Abrigo
MAY 15, 2020
As expected, bad actors are surfacing, and financial crimes divisions of community financial institutions are struggling with the realization that loans rushed through may be fraudulent. This is welcomed news for community financial institutions. The Fed has recently announced the first arrests in connection with PPP fraud.
Independent Banker
MARCH 15, 2015
Increasingly, more digitally connected consumers are saying yes to that question with their community bank. For many community banks, telephone calls still generate the highest volumes of customer service interactions. For many community banks, telephone calls still generate the highest volumes of customer service interactions.
Independent Banker
OCTOBER 29, 2014
Big-brand megabanks, the Visa and MasterCard networks, and big-box merchants had signed up to become partners with Apple’s universal retail smartphone app that uses Near Field Communication and tokenization technologies. So where do ballyhooed mobile banking and payments developments among the biggest players leave community banks?
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