City National Bank aims mobile banking suite at small and mid-sized businesses
Banks big and small are scrambling to "mobilize" their offerings, including those aimed at business clients. Today, City National Bank, a financial institution with $28.6 billion in assets, announced that it's offering a new online and mobile business banking solution called Book2Bank. The new suite of services includes connections to accounting software such as QuickBooks, as well as the ability to automate payment activities.
"City National is deeply committed to helping our business clients succeed and to offering solutions that help them reach their goals," said James Daley, executive vice president and manager of treasury services for City National Bank. "City National Book2Bank streamlines and secures the payment process, improves controls and gives our clients the simple, intuitive experience they expect."
According to CNB, the new products are aimed at small and medium-sized businesses that are finding that most mobile and online tools are meant either for consumers or for large businesses.
City National Book worked with Cambridge, Mass.-based MineralTree Inc. to build Book2Bank.
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