Mobile Applications

NCR Launches Business Banking Mobile For Community Banks, Credit Unions

NCR announced on Thursday (Sept. 22) it launched a new app dubbed Business Banking Mobile. The app will enable 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.

“Business Banking Mobile is yet another strong example of NCR’s omnichannel leadership in the financial services industry,” said Jose Resendiz, vice president and general manager at NCR, in a press release. “This launch is further proof that NCR is leading the reinvention of how financial institutions connect with their business customers and create better experiences for them, while lowering costs and delivering a differentiated banking platform.”

According to NCR, with Business Banking Mobile, 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. NCR’s Business Banking Mobile is currently in beta testing at Tacoma, Washington-based Harborstone Credit Union and El Paso, Texas-based FirstLight Federal Credit Union, with general availability planned in early 2017.

“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, VP of marketing and digital experience at Harborstone, in the same press release. “The Business Banking Mobile solution offered by NCR is in direct alignment with our commitment to our business members, fulfilling our omnichannel promise.”

Jim Huff, SVP of marketing at FirstLight FCU, said it is excited to be able to offer a customized app for businesses that will provide members with mobile access for transferring funds, checking balances, approving wire transfers and ACHs and receiving account notifications. “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,” he said.



The pressure on banks to modernize their payments capabilities to support initiatives such as ISO 20022 and instant/real time payments has been exacerbated by the emergence of COVID-19 and the compelling need to quickly scale operations due to the rapid growth of contactless payments, and subsequent increase in digitization. Given this new normal, the need for agility and optimization across the payments processing value chain is imperative.

Click to comment