Michael Thompson

As Director of Integration & Support for FTNI, Mr. Thompson brings more than 25 years of operational and transaction processing management experience to clients. In his role at FTNI, Mr. Thompson has been instrumental in helping organizations across multiple industries streamline their accounts receivables operations across multiple payment methods (check, ACH, credit card, cash) and channels (called-in, mailed-in, in-person, online, mobile) to achieve straight-through processing on a single, truly integrated receivables platform . Prior to joining FTNI, Mr. Thompson held key management positions with companies such as TD Waterhouse, R. J. Thompson Securities and Nebraska Book Company.

Recent Posts

From the Front Lines: Three Steps to Achieve Straight-Through Processing Leveraging RDC, EIPP and Recurring Payments on a Truly Integrated Receivables Platform

Remote deposit capture (RDC) of checks has many benefits—not least, reducing the manual labor required for processing, and ultimately posting checks into the appropriate back-office systems. That, in turn, can save you money. When you automate check processing using RDC, it’ll cost you between 10 and 20 cents per transaction (depending on monthly volumes)—significantly less than the $1 to $2 (or more) per transaction that traditional outsourced lockbox processing can cost.   Read More

Topics: Straight Through Processing, EIPP, RDC, integrated receivables

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