

This feature then gives consumers clearer insight into each charge on their statement and also benefits the bank by reducing the number of customer service calls requesting additional information. Unlike normal credit card authorizations and settlements, FTNI’s certification with First Data’s Dynamic Descriptor feature allows merchants to pass on additional information that can be included in the credit card statement. “FTNI was able to quickly complete the certification process and meet our specific processing needs.” “We are very pleased to use FTNI’s ETran platform to enhance the online payment processing experience for our valued HOA clients nationwide,” said Matt Minchow, Executive Vice President at Mutual of Omaha Bank. The bank will use FTNI’s ETran solution for its Web-based credit card processing and reporting for those HOA clients. (FTNI), a provider of industry leading receivable management solutions, today announced that Mutual of Omaha Bank has completed the rollout of its enhanced credit card processing through the deployment of First Data Corporation’s Dynamic Descriptor processing.Ī national leader in the home owners association (HOA) banking space, Mutual of Omaha Bank provides banking solutions to more than 21,000 HOAs nationwide. 19, 2013 Financial Transmission Network Inc. ETran Leverages First Data Corporation’s Dynamic Descriptors to Improve HOA Reporting.
