FINCuro Solutions, a UST company, and leading digital transformation solutions provider specializing in financial services, announced the launch of the arc@PEAS platform. This advanced digital ecosystem designed to meet the emerging global needs of financial institutions will enable users to collaboratively build and deliver modern, state-of-the-art experiences. arc@PEAS will put users in control with its extensively integrated ecosystem, including its digital experience and onboarding solutions developed by partners Modyo and thirdstream.
Though credit unions and community banks have long understood the need for digital transformation and worked to make the necessary changes, their reliance on legacy infrastructure and lack of operational scale have impeded the process. arc@PEAS helps credit unions, communities, cooperative banks, and financial institutions accelerate their digital transformation by leveraging Platform-as-a-Service (PaaS) technology. With its ability to seamlessly unite digital experience, data, connectivity, and core, arc@PEAS delivers a leading framework for digital transformation.
arc@PEAS offers users the ability to collaborate while building and delivering superior experiences to delight their customers and members. These benefits combine to make arc@PEAS a compelling vehicle for digitizing the cooperative value proposition and propelling the relevancy of community finance.
Manu Gopinath, Chief Operating Officer, UST, commented, “As an organization, UST is committed to positively impacting human lives and community banks through innovation as well as business and digital transformation using the power of technology. FINCuro’s arc@PEAS is a strong addition to UST’s financial services offering portfolio and brings financial institutions the scale and reach they require.”
Chris Goodman, Digital Platform Advisor, said, “The principles of customer and member well-being, community and sustainability form the foundation of cooperative finance, and these factors all point to this model becoming more prominent in our increasingly decentralized world. arc@PEAS encompasses financial institutions’ digital, data, and community needs by facilitating an ecosystem rooted in cooperation, collaboration and co-creation.”
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arc@PEAS leverages pre-built experience components, fully implementable in as little as 120 days. The solution is the latest example of how FINCuro and its ecosystem partners accelerate transformation by enabling the community and supporting the translation of innovative thinking into meaningful digital experiences quickly and easily. In addition to a financial institution user community, arc@PEAS includes solutions for interactions with communities served by financial institutions, enabling local businesses and organizations to participate in the generation of value and economic development in their community.