Mutual of Omaha Insurance, a full-service, multi-line provider of insurance and financial services products, has deployed Financial Transmission Network, Inc's (FTNI) ETran ePayment solution.
The insurer sought a vendor to support its credit card processing and maintain compliance with Payment Card Industry regulations for the secure processing of policyholder premium payments via credit card.
Mutual of Omaha was also seeking a solution to process web-initiated premium payments and to have all credit card payments posted to the policyholder’s account, without manual intervention.
FTNI said that its ETran platform incorporates PCI-compliant credit card processing, check scanning and ACH processing on a single, managed platform (SaaS) to help clients reduce costs, accelerate timelines and improve transaction processing quality.
Mutual of Omaha assistant treasurer Steve Amdor said that the flexibility of FTNI’s ETran solution allowed the insurer to meet the project timetable while never having the FTNI team on the critical path to solution delivery.