Banking Fintech News

Radius Bank Launches Commercial API Banking Platform and Developer Sandbox

Radius Bank Launches Commercial API Banking Platform and Developer Sandbox

Marks Next Step in the Radius + Treasury Prime Partnership

Radius Bank, a forward-thinking digital bank, announced 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.

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With API Banking, @RadiusBank has expanded its Banking-as-a-Service (BaaS) digital platform by giving commercial clients leading-edge technology to help facilitate and simplify their corporate banking needs.

With API Banking, Radius has expanded its Banking-as-a-Service (BaaS) digital platform by giving commercial clients leading-edge technology to help facilitate and simplify their corporate banking needs. The sandbox is a critical component because it enables developers to explore Radius’ APIs for their particular use cases and test how the API would work in their application.

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“We see a huge opportunity with API Banking to streamline the process of working with businesses, startups and developers who are building applications and businesses that are in search of this type of banking service,” said John Relyea, Senior Vice President of Commercial API Banking. “When we started working with Treasury Prime, we realized the number of companies that needed API Banking services and that drove us to create this product. We are excited for the response it’s received thus far and are excited to now launch it to all of our interested current and new clients.”

“Our Radius API Checking Account has enabled us to drive innovation for our customers and quickly scale our business,” said Ryan Droege, CEO of Relay Payments Inc. ”The APIs allow us to concentrate on building and delivering our unique transportation industry solutions, not on processing routine banking transactions.”

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