News

Mobile business banking app aims to help smaller FIs compete for SMB customers

September 26, 2016

NCR Corp. has launched Business Banking Mobile. The application will allow community financial institutions to compete with larger financial institutions by providing their business banking customers with iOS and Android access to the SaaS account management platform, a company press release said

NCR Business Banking Mobile extends the user experience for Digital Insight retail mobile banking apps — already used by hundreds of financial institutions and millions of individual accountholders — to the small and medium-sized business.

Business owners will be able to securely access key financial tools on-the-go, including multi-TIN transaction history and transfers, approval workflows for wire and ACH templates and payments, token support, mobile notifications, and end user management, the release said.

Business Banking Mobile also incorporates Touch ID and EyePrint ID biometric authentication for added security.

The solution is currently in beta testing at Tacoma, Washington-based Harborstone Credit Union.

"We recognized the need for providing our business members a mobile solution to help them keep their business running while on the go," said Ken Bloomfield, vice president of marketing and digital experience at the CU. "The business banking mobile solution offered by NCR is in direct alignment with our commitment to our business members, fulfilling our omnichannel promise."