Citizens Financial Group launches accessCARD Command for commercial card customers

Citizens Financial Group, a commercial bank holding company, has announced the launch of accessCARD Command, a groundbreaking expense-management solution now available for no extra charge to all Citizens Bank and Charter One commercial card customers with annual revenues of less than $25 million.

Leveraging the MasterCard inControl platform, accessCARD Command allows business owners to easily set spending controls on the cards issued to their employees and to receive real-time account information, including purchases made or attempted by their employees.

Citizens Financial Group is the first financial institution in the United States to provide access to this technology to its small business cardholders. It is now available to the bank’s Business Banking and Commercial Enterprise Banking customers.

With accessCARD Command, Citizens’ business cardholders are able to:

• Set up and manage exactly where, when, how and for what types of purchases their employees’ cards may be used. • Set up spend limits and budgets for particular types of spending. • Establish how and when they receive alerts, via text and/or e-mail, to safeguard against overspending and keep them informed in real time about attempted card activity. • Create limited use, virtual card numbers so that spending controls can be set for individual transactions or recurring use, providing enhanced levels of security and convenience as the business owner’s real account number is never revealed to the employee or merchant.

accessCARD Command is another in a series of “access”-branded offerings that Citizens’ Global Transaction Services team has developed specifically for the ease-of-use, flexibility and accessibility of banking functions for businesses.

Late last year Citizens launched accessMOBILE, a breakthrough corporate mobile banking application that for the first time empowers commercial and business banking customers to manage their cash and payments from a mobile device.

Earlier this year Citizens pioneered accessBUSINESS Manager, an all-in-one, fixed-price package of cash management products developed for small- and mid-sized businesses. This first-to-market offering provides business owners with a combination of convenience and cash management services in a bundled package.