Leading Treasury Management Solution Provider Rolls Out Enhanced Back-Office and Mobile Check Processing Capabilities to Help Credit Unions Deliver Modernized Check Processing Operations to Business Members.
OMAHA, Neb. May 30, 2024 — Financial Transmission Network, Inc. (FTNI), a provider of industry-leading accounts receivable automation, payment processing and cash application solutions, today announced that Tru Treasury, a leading treasury management solution provider for credit unions, has partnered with FTNI to deliver advanced check processing solutions to help Credit Unions and their Business Members streamline payment acceptance and accelerate cash application operations.
Tru Treasury is a leading provider of treasury management solutions for credit unions and their business members. Established by credit unions for credit unions, Tru Treasury was founded to deliver unprecedented treasury management capabilities and expertise to credit unions across the United States. Tru Treasury’s singular focus is equipping community financial providers with the tools, expertise and products to deliver leading solutions to the businesses they serve.
FTNI’s Advanced Remote Deposit Capture (RDC) and Mobile Remote Deposit Capture (mRDC) solutions enable Tru Treasury to deliver Credit Unions with industry-leading check processing and cash application technologies to help their business members more efficiently, and accurately, manage check processing operations. These solutions help businesses to significantly streamline both back-office and field-based processing operations by providing the ability to scan checks and remittance documents while seamlessly viewing, associating and storing all information in a highly-secure (and compliant), cloud-based solution.
“FTNI’s check processing solutions are proven and trusted by leading companies across numerous industries,” said Robert Conrad, Head of Treasury Operations, Tru Treasury. “We’re proud to partner with FTNI to bring these leading RDC, mobile RDC and cash application solutions to our Credit Union customers and their Business Members to help streamline and automate their check processing and back-office A/R operations.”
ETran’s highly-configurable, modular design allows organizations to efficiently tailor the platform to their unique business processes and workflows to modernize and automate payment processing and cash application operations. ETran’s agnostic, ‘plug-n-play’ nature works with customers’ existing banking relationships and supports efficient integration (batch or real-time) with any back-office system.
“FTNI is excited to partner with Tru Treasury, and support their delivery of ETran’s advanced check processing solutions to its credit union customers and their business members,” said John Karhoff, vice president of sales, FTNI. “We’ve developed a strong, collaborative partnership with the team at Tru Treasury and look forward to growing this relationship for many years to come.”
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About Tru Treasury
Established by Credit Unions for Credit Unions, Tru Treasury aims to shift the paradigm. Our singular focus is equipping community financial providers with the tools, expertise, and products to deliver leading treasury solutions to the businesses they serve. At Tru Treasury, our mission is to provide credit unions with treasury management expertise and the scalability to grow. For more information, visit trutreasury.com.
About FTNI
Financial Transmission Network, Inc. (FTNI) accelerates the way businesses accept, process, post and manage payments. Processing millions of transactions monthly, FTNI’s accounts receivable (A/R) automation platform, ETran, accepts any payment method, via any payment channel—all on a single, secure, cloud-based platform. ETran seamlessly integrates current business processes, bank and merchant processor relationships, and back-office systems to modernize and automate payment processing and cash application operations. Founded in 2007, FTNI serves more than 20,000 corporate users from 1,000 customers spanning numerous industries including Banking and Financial Services, Distribution, Insurance, Nonprofit, Property Management, Realty, Software and Technology, Utilities, and more. For more information, visit ftni.com.
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