OMAHA, Neb. – Financial Transmission Network Inc. has acquired RemitPro, Inc., a provider of remote deposit capture and identity validation services.
The companies said the acquisition will result in RemitPro’s customers having expanded processing capabilities, such as ACH origination, credit card processing, invoice presentment and Web payments. The combined companies will have more than 7,500 end users processing through more than 2,500 unique bank and credit card accounts.
FTNI said its ETran platform incorporates check scanning, ACH origination, credit card processing, cash posting and Web payments on a single, PCI-compliant managed platform (cloud based) to help clients reduce costs, accelerate timelines and improve transaction processing quality.
Since 2001, RemitPro has offered Check21 and ACH processing plus identity validation software solutions via secure Web-based systems.