Press Release

ARCA, Bank Distribution Strategies to Present ‘Branch Transformation Pitfalls’ at RBR London

LONDON — November 28, 2017 — On Tuesday, November 28, ARCA founder and CEO Mort O’Sullivan and Jon Voorhees, President of BankDistributionStrategies, will present “The Five Things about Branch Transformation We All Get Wrong”, at the annual RBR Branch Transformation 2017 in London. The joint presentation will take a deep dive into the complexities surrounding branch transformation and will address the top five misconceptions facing financial institutions.

“From our experience solving cash handling problems for our customers, we’ve learned that branch transformation can mean something different for every financial institution—and even individual branches within,” said ARCA’s CEO Mort O’Sullivan. “Everyone has their own opinion about what needs to change or transform and that can create a lot of confusion, and cloud decision making. We plan to share some of the unexpected challenges our customers have faced and will present questions financial institutions should ask themselves before they take any action to transform their branch network.”

Mass adoption of digital banking services is transforming the way customers interact with their bank so branches are being challenged to adjust in order to stay relevant and profitable.

“We plan to take a close look at the five most common transformation misconceptions to not only provide education but also inspiration for RBR attendees who are looking for solutions in a changing banking environment,” said Jon Voorhees.

ARCA is a global company based in the U.S. that has been helping financial institutions lower costs and increase productivity through automation since 1998. To learn more about ARCA’s approach to branch transformation, please visit https://arca.com/solutions/branch-transformation.

Jon Voorhees is a 30-year banking industry veteran with expertise in retail banking networks. He was formerly involved with retail distribution strategy and distribution at Bank of America. 


About ARCA

ARCA’s solutions help people control and streamline cash operations in financial institutions, retail stores, and self-service kiosks around the world. Our overriding drive is to develop technology and services that make transactions simpler, more efficient, and more secure. Visit us at www.arca.com to see how we are reimagining everyday transactions—freeing people to focus on what matters most.

Media Contact

US
Katlyn Proctor
Communications Specialist
1151 Holmes Rd.
Mebane, NC 27302
Tel. (919) 525-2719
k.proctor@arca.com

EU
Carola Mina
PR Specialist
Corso Vercelli 332
10015 Ivrea (TO)
Italy
Tel. +39 0125 674540
c.mina@arca.com

About RBR

RBR is widely recognized as the leading provider of strategic research and consulting services to organizations active in the areas of banking and retail automation, cards and payments. Their annual Branch Transformation event hosts more than 20 industry leaders and 585 bank delegates and executives.