NCR launches a mobile business banking app that allows SMEs to compete with larger financial institutions

NCR Corporation, a global leader in omni-channel solutions, announced the launch of Business Banking Mobile, extending the SaaS-based platform to customers’ mobile devices. The application will allow community financial institutions (CFIs) to compete with larger financial institutions by providing their business banking customers with iOS and Android access to this secure and easy-to-use account management platform.

NCR’s Business Banking Mobile extends the award-winning user experience from Digital Insight’s retail Mobile Banking Apps used by hundreds of financial institutions and millions of individual account holders to the small and medium-sized business.

„By providing one segmented platform designed for small businesses, 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. Business Banking Mobile will also feature biometric authentication by incorporating Touch ID and EyePrint ID for added security.”, according to the press release.

NCR’s Business Banking Mobile is currently in beta testing at Tacoma, Washington-based Harborstone Credit Union.

Business Banking Mobile is also being piloted by El Paso, Texas-based FirstLight Federal Credit Union, with general availability planned in early 2017.

“FirstLight is excited to offer a customized app for businesses that will provide our members with mobile access for transferring funds, checking balances, approving wire transfers and ACHs, receiving account notifications and more,” said Jim Huff, SVP of Marketing, FirstLight FCU. “We are also looking forward to the strong development capabilities that NCR and Digital Insight bring to the table to ensure that the product continues to evolve as financial technology evolves.”

NCR Corporation is a leader in omni-channel solutions, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables more than 550 million transactions daily across retail, financial, travel, hospitality, telecom and technology, and small business.

Source: NCR