The Next Generation of FTNI’s ETran Lite Brings RDC and Mobile RDC to more than 100 Top Financial Services Firms, and Growing

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ETran Lite (formerly eRemitPro) offers improved cash availability, streamlined operations and enhanced compliance support for desktop and mobile check scanning and processing.

Remote Deposit Capture - RDC - Financial Services
“The updated and enhanced ETran Lite application offers some of the most powerful RDC functions available to financial services companies; to clearing firms, broker-dealers and financial advisor branches,” said Kurt Matis, president and CEO, FTNI.

Financial Transmission Network Inc. (FTNI), today announced the release of the latest generation of its ETran Lite solution suite, formerly branded eRemitPro. With a long history of serving the financial services industry, this most recent version of ETran Lite brings together the best of remote deposit capture (RDC) and financial services best practices.

ETran Lite was built specifically for the financial services industry and is a sleek, easily configurable RDC solution enabling treasury automation and back office management from a single user interface. It improves cash availability, streamlines operational efficiency, helps fulfill compliance responsibilities, simplifies Treasury Management (per Check 21 directives), integrates key transaction data for thorough maintenance of books and records, and stores historical information for easy access and use.

New enhancements to ETran Lite include a more robust technology foundation, a reduced need for MICR line repair and an upgraded, modern look and feel for a better user experience. Additionally, the ETran Lite solution suite now includes Software Development Kits (SDKs) for companies looking to leverage secure mobile remote deposit capture (mRDC) within their own iOS or Android mobile applications.

Easily integrated with back-office systems, ETran Lite helps to facilitate the automatic reconciliation of payment and customer account data based on clients’ unique business rules and processes. Once captured from either a desktop scanner or mobile device, check images and associated payment data can be conveniently archived in the cloud or downloaded to an internal database.

“The updated and enhanced ETran Lite application offers some of the most powerful RDC functions available to financial services companies; to clearing firms, broker-dealers and financial advisor branches,” said Kurt Matis, president and CEO, FTNI. “I’m excited more than 100 financial services firms across the country use ETran Lite, and that number is growing quickly.”

A fresh solution name, substantial new capabilities and the ability to go mobile all make this generation of ETran Lite the application for RDC in the financial services industry.

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About FTNI
Financial Transmission Network, Inc. (FTNI) accelerates the way businesses accept, process, post and manage payments. Processing millions of transactions monthly, FTNI’s integrated receivables hub, ETran, accepts any payment method, via any payment channel — on a single, secure, cloud-based platform. ETran’s easy-to-deploy, modular design seamlessly integrates current business processes, bank and processor relationships, and back-office accounting software to deliver increased efficiencies and cost savings as a result of true straight through processing. Founded in 2007, FTNI serves more than 16,000 corporate users from leading organizations such as the American Red Cross, DirectBuy, Five Star Senior Living, Golden Living, Mutual of Omaha, Penn Mutual, Physicians Mutual Insurance, Proxibid, RealPage, Shamrock Foods, The McClatchy Company and many more. For more information, visit ftni.com.

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