Weighted Assets

Avidia Shows How Relationship Between Banks and Fintechs May Shift

By Bram Berkowitz | Special to Banker & Tradesman | Jun 13, 2019 | Reprints

Hudson-based Avidia Bank made a bold move last month, becoming the first community bank in the country to join The Clearing House’s real-time payments network and in the process showing how the relationship between fintechs and banks may soon start to shift.