This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

City National Unveils New Online Banking Solution For Businesses

LOS ANGELES, March 19, 2013 (GLOBE NEWSWIRE) -- City National Bank now offers City National Book2Bank, a new online and mobile business banking solution that connects with accounting systems like QuickBooks ® to automate and simplify payment activities. This new solution allows a business owner to more easily manage invoices, generate electronic payments and streamline the payment approval process.

"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."

The system is designed to solve a financial challenge for small and mid-size businesses. Many of these firms find the majority of online business payment systems either too small and geared for individual consumers, or too complex and geared for large corporations that process as many as 500 payments a month. City National Book2Bank synchronizes automatically with QuickBooks ®, simplifying payment processes and eliminating the need to enter information more than once.

Key benefits of City National Book2Bank include:
  • Integrated Payments – Clients can choose from electronic payments or automated check processing fulfilled by City National.  
  • Mobility – Clients can review and approve payments on a PC or iPad.   
  • Enhanced Security – Locked down architecture and available segregation of duties virtually eliminates the risk of online fraud.   
  • Streamlined Record Keeping – Clients can link and store invoices and supporting documents for easy retrieval and review. 

"It's very easy – very transparent," said Greg Gallup, chief operating officer for Royal Coach Tours, a charter bus transportation firm in San Jose and a City National client that uses City National Book2Bank. "Our president likes it because she can make approvals from her iPad, which is convenient and saves time. You can also see the entire invoice, which is really helpful."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,094.14 +43.39 0.25%
S&P 500 2,013.43 +15.91 0.80%
NASDAQ 4,820.9950 +10.2070 0.21%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs