Radius Bank, a forward-thinking digital bank, announced its deployment of Goalkeeper, an automated goals-based savings solution integrated within Radius Bank’s online and mobile banking channels. Goalkeeper is launched in partnership with leading fintech solution provider Harvest Savings & Wealth Technologies. Goalkeeper allows clients to set and automatically fund any financial goal, helping customers take control of their financial health while becoming better savers. Within Radius’ digital banking platforms, customers use Goalkeeper to create unlimited goals, assigning them a name and a picture, setting target amounts, and then selecting an automated savings method. Once goals are created, Goalkeeper will help build customer savings automatically using periodic deposits or a proprietary algorithm designed to find untapped dollars for saving.
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@RadiusBank adds automated goals-based savings solution “Goalkeeper” to online & mobile banking app. Now clients can set & automatically fund any financial goal, helping them take control of their financial health while becoming better savers. #smartsavers
As fintech savings apps have gained popularity amongst consumers and led to outflows across the banking industry, Radius recognized their own customers’ interest in automated savings programs and sought to provide a product that would help their customers fulfill their financial goals without leaving the Radius Bank app. Goalkeeper’s powerful algorithms allows customers to easily save for anything and everything – no matter how big or small, all for free, while all deposits stay within Radius Bank.
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“The popularity of savings apps have helped consumers do a better job of reaching their financial goals, but these apps oftentimes only serve a limited purpose, thus requiring users to scan multiple apps in order to get a full picture of their finances often at a cost,” said Mike Butler, President and CEO of Radius Bank. “Integrating Harvest’s technology directly into our digital suite lets our customers get a holistic view of their overall financial wellness, all in one, easy-to-navigate platform at no charge.”
The launch of Harvest’s Goalkeeper, and its addition to the Bank’s digital suite, will help customers continue to improve their financial wellness and attain better money management skills. Running inside of digital banking provider Narmi’s Application Framework, Goalkeeper was easily integrated into the Radius system further demonstrating Radius’ commitment to partner with like-minded, innovative fintech companies to provide a seamless, best-in-class banking experiences.
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