Treasury Prime Teams Up with People Trust for Enhanced Financial Inclusion

Treasury Prime has recently partnered with People Trust to advance financial inclusion through embedded banking solutions. This collaboration is anticipated to broaden the reach of embedded banking services among community-based institutions and enterprises.

Following this agreement, People Trust will harness Treasury Prime’s platform to modernize its core banking operations. The partnership also includes exploring the potential integration of Treasury Prime’s front-end solution for People Trust’s legacy online banking interface. This move is intended to enhance user experience and boost operational efficiency.

The adoption of Treasury Prime’s infrastructure by People Trust will further their commitment to providing accessible, secure, and contemporary financial services to low- and moderate-income communities. Additionally, both organizations aim to leverage fintech collaboration as a strategic means to diversify revenue streams, increase deposits, and extend their digital footprint.

This partnership highlights the increasing demand for modern embedded banking solutions among community institutions. Treasury Prime’s direct-to-bank model offers People Trust the necessary tools to compete effectively with larger financial institutions without the need to develop complex internal technology stacks. By collaborating with Treasury Prime, People Trust intends to equip its credit union with fintech-grade infrastructure, thereby expanding opportunities and access for served communities.

Focus on Compliance and Client Needs

Both companies will continue to prioritize meeting client needs while ensuring regulatory compliance in an evolving market. The collaboration underscores the importance of adaptability and innovation in maintaining a competitive edge within the financial services sector.