Mutual of Omaha Bank (www.mutualofomahabank.com) has selected Financial Transmission Network Inc. (FTNI.com) to provide new online payment portal payment capabilities to Mutual of Omaha Bank’s professional property management and homeowner associations (HOA).
Mutual of Omaha Bank, a $7 billion full-service bank with offices throughout the United States, already provided some online payment functionality for these clients, but was looking for enhanced features such as electronic bill presentment and payment (EBPP), convenience fees and configurable HOA branding that it processes through the bank’s Community Association Banking (CAB) business line. The bank was also looking for flexibility in payment types and the ability to assist their clients with improved operational oversight.
In addition to being able to pay via ACH or credit card on the web, Mutual of Omaha Bank’s clients will also have the ability to scan checks and remittance documents at the property management locations as well as credit card, ACH and cash payments.
FTNI’s ETran solution is a cloud-based, integrated receivables processing hub. It delivers a real-time, enterprise-wide view of all check, ACH, credit, debit and cash transactions whether initiated in-person, through the web, mobile or ETran user interface for superior receivables management. ETran’s modular design seamlessly manages any payment type from any payment channel within a single interface — no changes to current business processes or accounting software is required.