‘Chuck’ Gives Community Banks a P2P Option
When its younger employees started calling Zelle “clunky,” Reading Cooperative Bank knew it had to give its customers a second option for peer-to-peer payment services.
Alloy Labs Alliance Launches Payments Network
A group of 10 community banks, including Reading Cooperative Bank and Southbridge-based Savers Bank, has partnered with a Connecticut financial technology company to launch an open payments network that the banks say will benefit consumers and community banks.
Five Smaller Banks Band Together on Fintech Escrow Fix
One bank from New Hampshire, one from Massachusetts, one from Connecticut and two from New Jersey teamed up to help develop a fintech-based solution for often-manually-intensive escrow services. And the unusual approach is paying off as they learn from each other and collaborate.
American Bankers Association Signs on as Partner of Alloy Labs Alliance
The Alloy Labs Alliance, a consortium of community and regional banks looking to quicken the pace of innovation across the industry for smaller banks, has added a big partner to the mix.
Reading Cooperative Bank Joins Fintech Group
Reading Cooperative Bank is teaming up with 12 U.S. community and regional banks to form a partnership that will explore opportunities with emerging fintech companies.
