Capital Bank enhances online & mobile banking convenience for SMBs

By Pavithra R

Maryland-based Capital Bank has announced enhancements to its digital banking platform, which integrates mobile convenience and cash management functionality that helps small-to-medium businesses (SMBs) stay agile and responsive to various fast-changing demands.

Capital Bank’s “Enhanced Business Online Banking” offers an intuitive user interface, greater access to historical transaction data, point and click management of cash flows, and stronger security. It helps users to navigate intuitively to all their banking needs from within the same application with no change to current settings and existing templates.

“The technology and banking functionality we bring to our customers is designed with their business needs in mind. We understand not only how tech-savvy today’s business owners are, but also how important it is for them to save time and manage their cash flow with ease and speed,” said Capital Bank, N.A., CEO Edward Barry.

The upgraded platform provides businesses with the ultimate in digital convenience:

• Single location for payments and transfers, including ACH, wires, payroll, and bill pay.
• Access to 18 months of statement history, research transactions, even balances with no extra fee.
• New home screen provides a snapshot of the client’s current position, including real-time alerts and approvals.
• Mobile banking for on-the-go entrepreneurs.
• Card Controls safeguard debit cards from fraud and debit card protection at the touch of a button.
• Intuitive, at-a-glance navigation while retaining current settings and templates.

“Capital Bank’s new digital platform empowers business owners to stay on top of their working capital 24/7 and get the information they need in seconds, from the convenience of their smartphone or tablet. It’s all about seeing your business’s entire financial picture in one place,” added Barry.

Established since 1999, Capital Bank is a wholly-owned subsidiary of Capital Bancorp, Inc. According to company data, the bank has approximately $1.8 bn in assets as of June 30, 2020, and has branches in five locations in the greater Washington, D.C., Northern Virginia/ Baltimore metro area.