FTNI and Sales Source International announce Strategic Integrated Receivables Management Partnership

SSI will offer FTNI’s ETran Platform to its Community Bank and Credit Union Customers

OMAHA, NE. – February 14, 2012 – Financial Transmission Network Inc. (“FTNI”), a leading provider of integrated receivables management, today announced that it partnered with Sales Source International (SSI) to offer an award-winning ETran solution to SSI’s Community Bank and Credit Union client base.

Community Banks and Credit Unions will be able to provide their customers with a truly integrated receivables management solution. All this can be managed on a secure, single platform, regardless of whether the receivable was mailed in, walked in, called in or self-originated through a web portal.

FTNI’s SaaS-based ETran platform incorporates check scanning, ACH origination, credit card processing and cash posting, on a single, PCI-compliant managed platform (“Cloud based”) to help clients reduce costs, accelerate timelines and improve transaction processing quality. In addition, the ETran platform incorporates seamlessly into financial institution or merchant websites to provide secure, web-based transaction processing. Since the web payment technology is incorporated and delivered seamlessly within FTNI’s ETran platform, merchants are able to manage all of their incoming payments on a single platform.

Doug Fisher, EVP of Software Solutions, commented, “SSI has a solid track record in providing unique solutions to the Community Bank and Credit Union markets. In addition, their dedication to customer service and relationship building in these markets will provide FTNI with new market opportunities.”

“SSI is proud to partner with FTNI on an excellent product, said Dan Maslich, Co-Founder and Co-President. We believe in constant effort to grow with our customers and offer more services that will make life easier. ETran is a great example of that. Since we have worked with banks and Credit Unions throughout the country for a combined 30 years, we are confident ETran will be a great fit for our customers.”

About FTNI
Financial Transmission Network, Inc.’s (FTNI) ETran platform incorporates remote deposit capture (check scanning), ACH, credit card processing and cash posting, on single, managed platform to help clients reduce costs, accelerate timelines and improve transaction processing quality. The Company’s cloud computing based software enables customers to setup recurring payments (ACH & credit card), message between users and provide custom integration into back offices systems, thereby reflecting the payment activity in the merchant’s receivables system. This technology offers merchants a turn-key, single-payment platform in a software-as-a-service (“SaaS”) environment that is fully PCI-compliant, thereby eliminating the hardware and software costs associated with traditional solutions. Due to its modular approach and easy deployment, the ETran platform can be deployed in a variety of verticals and customized easily to fit the end-users needs.

About SSI
Through a collaborative philosophy and a strong belief in understanding and supporting customer needs in the nationwide financial institution arena, SSI is focused on providing desktop financial hardware and fulfillment solutions to Financial Institutions across the country. With a combined 30 years of intensive sales and technology experience, we understand that our target market has needs far beyond what our competition offers. It is our commitment to building the strengths of our customers to enable them to be the competition leaders in promoting and providing a strong electronic financial transaction business for their clients.

Media Contact:

Lyle Knox
FTNI
VP Client Relations
402-502-8777 x107
lyle@ftni.com

Dan Maslich
SSI
TF: 877-310-5919 ext 302
PH: 585-662-5255
C: 585-739-8597
dmaslich@salessourceintl.com
www.salessourceintl.com

Topics: financial management applications