If you visited ARCA’s headquarters 19 years ago, the experience would be vastly different than today. Like many other tech companies, ARCA had a very modest beginning—launched from a home office shared by our CEO’s young family. In order to see our solutions, you’d have had to visit a tiny apartment in New York City and navigate through a minefield of multi-colored lego bricks scattered haphazardly across the floor.
A small business is often a labor of love and one downside is the seemingly endless expenses, but more particularly, unnecessary expenses. Cash management is one of those expenses that doesn’t need to be so expensive.
The future of retail banking is fraught with uncertainty. At seminars and industry events, it's not uncommon to hear speakers say that the branch is going the way of the dinosaur. Conversely, there is a strong group of proponents who maintain the branch is a vital channel and a key component of a successful financial institution.