NCR Corporation (NYSE: NCR), a leading enterprise technology provider, and Autobooks have partnered, seamlessly integrating sophisticated digital invoicing, payment acceptance, and accounting features into NCR Digital Banking. NCR and Autobooks have more than 100 joint financial institution customers live.

The partnership enables financial institutions to offer a comprehensive suite of integrated payments and cash management solutions built specifically for small businesses. By allowing small businesses to accept payments in a variety of ways, both in-app and online, and manage those receivables through additional accounting and reporting tools, banks and credit unions can more effectively attract, retain and support these customers.

“In recent years, third-party competitors have attempted to enter the small business segment with a wide range of products and services, many designed to disintermediate relationships with primary financial institutions,” said Derik Sutton, Chief Marketing Officer of Autobooks. “Together, Autobooks and NCR are delivering leading digital-first payment and receivables tools, helping financial institutions strengthen relationships and loyalty with the critical small business market.”

Later this summer, NCR and Autobooks will also enable Tap to Pay capabilities, allowing financial institutions to offer their small business customers the ability to use smartphones to accept in-person, contactless payments — without the need for additional hardware.

“We are proud to enable leading payments features and functionality for small businesses, seamlessly embedded into their digital banking experience,” said Doug Brown, president, NCR Digital Banking. “Together with Autobooks, we are providing small businesses with an easy way to get paid – an important yet traditionally underserved need. These innovations will allow our banks and credit unions to grow deposit relationships, increase revenue and create a competitive differentiator.”

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