Boston, MA – Radius Bank recently announced a new partnership with Ametros through which Ametros members can now have non-medical settlement funds automatically deposited into a white-labeled Ametros Checking or Savings account for easy account management.
Founded in 2010, Ametros provides individuals that settle their personal injury case with medical management services, medical and pharmacy discounts along with automated payment technology and Medicare reporting tools. Radius partnered with the settlement solutions company to power Ametros Banking, as they saw a strong cultural alignment between the two organizations, with both focused on transforming customer experiences by developing products for targeted client segments.
Members may manage the funds they receive from their settlement through the Radius Bank online banking platform or through the Radius mobile app where they can also use the Radius personal financial management tools to create a budget, track their spending, use mobile check deposit, and pay bills online.
“We are inspired by Ametros’ mission to help people save money on their ongoing medical expenses, and we are excited to work with them to power Ametros Banking to help clients maximize the value of all of their settlement funds,” said Radius Bank Vice President of Strategic Partnerships and Technology, Huma Usmani.
In the near-term, Radius and Ametros also plan to provide Ametros members with the option to open a high-interest savings account to support their long-term financial needs.
“We are excited to announce our partnership with Radius Bank, furthering our goal of making life easier after settlement,” says Ametros’ Vice President of Product, Gal Zhovnirovsky. “Our members are now able to access award-winning checking and savings accounts at the time of settlement. Through our partnership, we look forward to providing more innovative solutions for our members.”
Source: Ametros
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