Access Softek Launches New Payment Features for Commercial Digital Banking Platform

BERKELEY, Calif .– (COMMERCIAL THREAD) – Access Softek, a omnichannel digital banking provider, recently launched new payment features in its commercial banking solution via SSO integrations with Automatic books and Advanced Fraud Solutions (AFS).

With Autobooks, Access Softek’s commercial banking services make it easy for small business owners to manage tasks including, but not limited to, invoicing, payments, accounting, payroll, loans, and taxes. directly through the financial institution, rather than dealing with several third-party non-banking technologies. suppliers.

“Increasingly, banks and credit unions are under pressure to establish primacy with their small business clients. Our partnership with Access Softek will allow business owners to get paid and manage their back office directly in online and mobile banking. paid online and financial institutions that need to stay ahead of the competition, ”said Jay Valanju, vice president of business development at Autobooks.

Additionally, Commercial Banking offers Positive Pay, which detects any discrepancies in check information such as payee name, dollar amount, and account number through its integrations with AFS. If discrepancies are identified, the function will send the financial institution an alert and the option to stop payment on the check. With Positive Pay, the financial institution has full control to accept or reject the check based on feedback from Positive Pay.

This feature can also leverage fraud data from Access Softek’s database, made up of negative and historical information on check returns from over 2,500 financial institutions, to better prevent fraud.

“Fraud prevention is important for small businesses,” said Ted Kirk, vice president of strategic partnerships at AFS. “Access Softek not only provides technological solutions that make their work easier, but solutions that prioritize safety and we are proud to support them in this mission. ”

“Commercial digital banking and its features provide financial services leaders with more points of contact to engage with their small business clients and members, which are critical to the success of the financial institution,” said Chris Doner, Founder and CEO from Access Softek. “Better payment services not only make financial management easier for these small businesses, but also help our financial institutions demonstrate the value they can deliver over other non-banking solutions for small businesses.

About automatic books

Autobooks, based in Detroit, is a provider of small business banking solutions that include digital invoicing, online payment acceptance, cash flow management, automated accounting, and financial reporting. Autobooks offers pre-built integrations with leading core and merchant processing solutions, along with dedicated go-to-market support, allowing financial institutions to launch on average within 90 days. To learn more, ask your technology provider about automatic books or visit https://www.autobooks.co/ to schedule time with the Autobooks team.

About Advanced Anti-Fraud Solutions (AFS)

Advanced Fraud Solutions was founded in 2007 with the simple mission of helping financial institutions prevent fraud in real time using our comprehensive front-line and back-office private cloud-based software solutions. Every day, our innovative fraud prevention tools help banks and credit unions of all sizes eliminate losses and protect their financial assets, providing the level of protection today’s customers demand. At Advanced Fraud Solutions, we know that the best way to fight fraud is to prevent it. Learn more about Advancedfraudsolutions.com.

About Access Softek, Inc.

Access Softek sets the standard for the omnichannel digital banking landscape, having developed the first downloadable applications for mobile banking. Since then, Access Softek has extended its track record of innovation to include online banking, biometric authentication, real-time fraud prevention and automated investments integrated directly into the digital banking platform of a financial institution, among many other innovative products. Now in his 35e Access Softek has delivered industry firsts to more than 400 bank and credit union clients over the years from its headquarters in Berkeley, California. Learn more about AccessSoftek.com.


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Michael C. Sumner