D3 Banking, a leading innovator in data driven digital™ banking, will introduce D3 Small Business Banking at FinovateFall 2015.
The company’s new product provides small business banking customers with a comprehensive set of digital financial services accessible from any device.
Banks and credit unions often serve small businesses by using either existing retail banking services or modified treasury management systems. Small businesses without individuals on staff with the necessary financial skills generally find these lighter versions of treasury systems difficult to use and retail banking solutions are lacking the services they need.
Specifically designed for organizations needing deeper data analytics and innovative digital banking services, D3 Small Business Banking provides the tools necessary to succeed including:
Pre-formatted cash flow and income statements;
Current and time-over-time analysis of both expenses and income; and
Customizable budgets.
In addition, D3 Small Business Banking simplifies services such as money movement while improving convenience and control by offering a robust management and dual approval system with alerting capabilities that work with any digital device, including wearables such as the Apple Watch.
“An innovative set of small business services can be a great differentiator for any financial institution,” Mark Vipond, CEO of D3 Banking, said. “D3 Small Business Banking’s powerful data analytics offer these business owners valuable insights that are otherwise difficult to access by automatically generating the reports required to manage their organizations’ finances . Our money movement service for small businesses simplifies the process of making payments removing the need for them to know the difference between bill pay, A2A, P2P, ACH or wire payments. ”
Eric Mattson, CEO of Finovate, commented, “Small business owners can benefit greatly from financial support that is provided when and where they need it. Statements, budgets and reports created specifically for small business needs have the potential to improve financials and create long-term benefits for prominent bank and credit union customers. The D3 Small Business Banking platform meets an industry need for such services in a convenient and sustainable structure.”