Financial Transmission Network, Inc. (FTNI) designs, develops, and manages scalable, customized solutions that incorporate check scanning, ACH processing, card processing and ID verification on a single, managed platform to help our clients reduce costs, accelerate timelines and improve transaction processing quality. Our products arose specifically from the passage of U.S. federal legislation such as the Check Clearing for the 21st Century Act (the “Check 21 Act” or “Check 21”) and the U.S.A. Patriot Act (the “Patriot Act”).

The founders and employees of FTNI have over 250 years of combined experience designing software solutions for the financial industry. Prior to founding FTNI, our principals developed systems for the following organizations:

  • ACI Worldwide
  • Ameritrade Corporation (merged with TD Waterhouse)
  • Fahnestock Viner Holdings, Inc. (merged with Oppenheimer)
  • Securities America, Inc.
  • R. J. Thompson Securities (acquired by TD Waterhouse)
  • Kirkpatrick, Pettis, Smith & Polian (now Legent Clearing)
  • Beta Systems (acquired by Thomson Financial)
  • Data Transmission Network Corporation (acquired by Veronis Suhler Stevenson)

These state-of-the-art solutions have been highlighted in numerous publications, as well as analysts’ reports by JP Morgan, Putnam Lovell, Robertson Stephenson and Hambrecht & Quist.

Through a combination of innovative technology, a range of delivery systems and superior customer service, FTNI continually strives to deliver simplified payment solutions to its clients.


FTNI offers a variety of services designed to make B2B financial transactions easier, giving you the opportunity to build a streamlined, revenue positive system that truly works for your company. FTNI offers extensive electronic transaction solutions, easing problems with ACH payment solutions, bank solutions, credit card solutions while ensuring your company has everything needed to make payment transactions simple from both a process and accounting standpoint.

Check Scanning Software

Even in this day with electronic transactions systems plentiful, Cygnus Supply and Demand Chain website notes that “Paper checks still account for nearly three quarters of the $36 Trillion in B2B payments.” With today’s technologically based society, there has to be an easier way than old-fashioned paper checks, and FTNI can help. The user interface has check scanning software available that can pull financial data into fields customized for the customer’s needs. Additionally, it has the ability to take the customer’s bank; account and amount information into the database and match it to the customer’s business account information. The secure FTNI database has a powerful query engine built in, so pulling up specific customer transaction information a breeze no matter what form the payment was in. Moreover, remote deposit capture is also built in, so any payment comes automatically verified.

Credit Card Solutions

Want to work with a powerful credit card payment system so your credit card processing software gives you the highest possible level of information? The FTNI system is regularly able to pull sufficient information to qualify the transactions as level two or level three, giving you more power when you need it. The system eliminates the need for extensive silos for different financial uses, so everything uses the same interface and coalesces nicely into a single accounting system, no matter which department is making the transaction. Additionally, queries can be linked to the customer’s account directly, not on which department did the transaction.

ACH Payment Solutions

The ACH payment system software built into the FTNI interface works seamlessly with the national ACH system making for easy ACH payment solutions. Our ACH software has the ability to match up with the customer’s account and store the system in FTNI’s secure data warehouse, making for easy, secure and accurate data retrieval.

Software as a Service 

FTNI’s ETran application requires no difficult hardware or software installations because the system works in a Software as a Service (SaaS) environment and the entire application runs on FTNI’s secure server. The data warehouse is secure and compliant with PCI, SAS70 and HIPAA. The only thing that needs to be downloaded is the thin client user interface, which is quick and easy. Most training is done online. As PWC partner Andy Morgan said, “The real hotspot in the world of applications is software as a service (SaaS) as organizations see the benefits of moving large-scale software expenses from their capital budget to their operating budget.” This electronic transaction system offers a real electronic transaction solution, and customer savings, streamlining of services and data and the ability to transact all finds of financial transactions in one simple interface are just part of the package.

Easy Integration

FTNI's SaaS solution delivery allows you to make your current complimentary systems perform more easily and more effeciently. The FTNI platform system is runs in its secure PCI, SSAE16 and HIPAA compliant data center. Installation of the platform requires a simple download, administered and assisted by FTNI’s friendly IT staff.

One Interface, One Stop

FTNI’s ACH software, Check Processing Software, banking software and credit card software all work on one easy platform, so ACH solutions, Check processing solutions, banking solutions and credit card solutions are easy to acquire. No matter how your payments come in, by mail, by phone, by internet or simply in person, the FTNI platform can process them all quickly and easily with a minimum of fuss. They all process on the same platform which sends them to a single secure database, interacting with your own accounting systems. So out of many disparate systems, the FTNI platform integrates them into a single, easy to use integrated receivables platform allowing you to eliminate silos, multiple billing interfaces and accounting systems.

Data Retrieval

As a result of technology like this, data retrieval for transactions is easier and less expensive when all transactions go through a single platform. The user interface has a strong search feature that allows easy and quick access to all your client payment information, no matter by which venue it arrived, by batch or real-time entry. By interconnecting payment and accounting, costly errors as well as time spent sorting through the available data are greatly reduced.

The check scanning software section of the interface also offers opportunities for cost savings. Check scanning populates custom information for your database, allowing reduction of manual accounting entry and freeing up staff time. The check processing software and remote deposit capture interfaces seamlessly with the Automated Clearing House (ACH) solutions, verifying funds and allowing for quick and easy accounting updates.