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Ascendant Acquires FTNI, Expanding End-to-End Domestic and Global Payables and Receivables Capabilities

TORONTO, Oct. 30, 2025 (GLOBE NEWSWIRE) — AscendantFX Capital Inc. (“Ascendant”) today announced its acquisition of Financial Transmission Network, Inc. (FTNI), a recognized leader in integrated receivables and payment processing solutions. The combination pairs Ascendant’s cross-border payments capabilities and FTNI’s receivables automation platform, giving businesses and financial institutions more choice to streamline money in, money out, and the reconciliation in between. “FTNI’s strength ...

Ascendant Announces Leadership Transition: Shemina Jiwani Appointed as CEO

TORONTO, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Ascendant, a leading provider of international payment solutions, has announced a change in its senior leadership. Shemina Jiwani has been appointed as Chief Executive Officer (CEO), effective immediately. In her new role, Shemina will oversee all strategic initiatives and operations, steering Ascendant into its next phase of innovation led growth. Shemina’s promotion to CEO reflects her outstanding service and leadership within Ascendant, having ...

Ascendant Announces New State-of-the-Art International Payments Tracker

TORONTO, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Ascendant, the leading provider of cross-border payments for the corporate and financial institution markets, today announced the release of a state-of-the-art international payment tracker. This technology allows customers and payees to track all payments in real-time. Similar to tracking a package, Track 360® delivers full visibility into payment status, associated fees, and location of all payment types. This innovative solution also allows payment ...

Ascendant Announces New Strategic Business Investment from Battery Ventures

TORONTO, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Ascendant, an international provider of cross-border business payment solutions and a financial technology company, today announced that Battery Ventures, a global, technology-focused investment firm, has agreed to make a significant investment in the company. Once closed, the new investment will make Battery Ventures the primary investor and enable Ascendant to enter its next phase of growth; it will also accelerate a product innovation plan designed ...

FTNI Expands Support for Single Sign-On Across Its ETran Integrated Receivables Platform

Leading Provider of Integrated Receivables Solutions Announces Increased Support for Single Sign-On Capabilities Across Its Entire ETran Platform. OMAHA, Neb. (PRWeb) November 10, 2021 – Financial Transmission Network, Inc. (FTNI), a provider of industry-leading integrated receivables, payment processing and cash application automation solutions, today announced the expanded support of single sign-on (SSO) across multiple modules on its integrated receivables platform, ETran.

FTNI to Showcase Industry-Leading Integrated Receivables Solutions at 2021 Association for Financial Professionals' Conference

Meet the FTNI Team at AFP’s Annual Conference in Washington, D.C., to Learn How Truly Integrated Receivables Solutions are Powering a New Era of A/R Efficiencies for Companies Across Numerous Industries. OMAHA, Neb. (PRWeb) November 3, 2021 – Financial Transmission Network, Inc. (FTNI), a provider of industry-leading integrated receivables, payment processing and cash application automation solutions, announced today that it will be attending and exhibiting at this year’s Association for ...

VIP Partners with FTNI to Deliver Beverage Distributors with Powerful Mobile Payment Acceptance Solutions

Leading Beverage Distribution Technology Provider Adds Enhanced Mobile Payment Capabilities to Streamline Customer Payment Processing and Accounts Receivables Operations. OMAHA, Neb. (PRWeb) September 30, 2021 – Financial Transmission Network, Inc. (FTNI), a provider of industry-leading integrated receivables, payment processing and cash application automation solutions, today announced that Vermont Information Processing (VIP), a leader in technology solutions for brewers, distributors, ...

SHAZAM Partners with FTNI to Launch New Mobile Remote Deposit Capture Capabilities

Midwest-based Core Provider for Community Financial Institutions Adds Mobile Remote Deposit Capture Functionality to Enhance Consumer Banking Options for Its Customers. OMAHA, Neb. (PRWeb) September 15, 2021 – Financial Transmission Network, Inc. (FTNI), a provider of industry-leading integrated receivables, payment processing and cash application solutions, today announced that SHAZAM, a nationwide provider of financial services to community financial institutions, has launched FTNI’s ETran ...

West Virginia University Foundation Streamlines Donation Processing with Advanced RDC Solutions Powered by FTNI

University Non-profit Organization Modernizes Donation Check Processing Operations with Cloud-based Remote Deposit Capture Solutions. OMAHA, Neb. (PRWeb) August 10, 2021 – Financial Transmission Network, Inc. (FTNI), a provider of industry-leading integrated receivables, payment processing and cash application solutions, today announced that West Virginia University Foundation (WVUF), the nonprofit organization that provides private support for West Virginia University (WVU), has launched ...

Hardec’s Launches New Online and AutoPay Payment Options to Increase Customer Convenience and Accelerate A/R Operations

Family-owned Convenience Store and Grocery Wholesale Distributor Adds New Online and Automatic Debit Payment Options Powered by FTNI’s ETran Integrated Receivables Platform. OMAHA, Neb. (PRWeb) August 9, 2021 – Financial Transmission Network, Inc. (FTNI), a provider of industry-leading integrated receivables, payment processing and cash application solutions, today announced that Hardec’s, a leading regional distributor of convenience store, concessions and grocery wholesale items, has launched ...

SMRTR & FTNI Announce Partnership to Expand Adoption of Integrated Receivables Solutions Across the Distribution Industry

Leading Digital Transformation Solution Provider Partners with FTNI to Expand Solution Offerings to Include Industry-Leading Accounts Receivables Automation Platform. OMAHA, Neb. (PRWeb) April 20, 2021 – Financial Transmission Network, Inc. (FTNI), a provider of industry-leading integrated receivables, payment processing and cash application automation solutions, today announced that SMRTR and FTNI will be partnering to deliver truly integrated receivables solutions to SMRTR’s growing base of ...

Cornhusker Bank Launches New Online Consumer Loan Payment Portal Powered by ETran

Locally-owned Community Bank Serving the Lincoln/Omaha Metro Adds New Integrated Online Payment Options for Convenient Self-Service Consumer Loan Payments. OMAHA, Neb. (PRWeb) March 9, 2021 – Financial Transmission Network, Inc. (FTNI), a provider of industry-leading integrated receivables, payment processing, and cash application solutions, today announced that Cornhusker Bank has launched an online payment portal for consumer loans powered by FTNI’s ETran platform.

Saval Foodservice Launches MySaval Online Payment Portal Powered by ETran

Leading Mid-Atlantic Foodservice Distributor Adds New Online Payment Options to Increase Customer Payment Convenience and Streamline Accounts Receivables (A/R) Operations. OMAHA, Neb. (PRWeb) February 15, 2021 – Financial Transmission Network, Inc. (FTNI), a provider of industry-leading integrated receivables, payment processing, and cash application solutions, today announced that Saval Foodservice, the largest locally based, independently owned, broadline foodservice distributor in Maryland, ...

FTNI Promotes Four Team Members as User Adoption and Company Growth Continues to Accelerate

Leadership Promotions Across Sales and Customer Support Highlight Continued Growth for Industry-Leading Integrated Receivables and Cash Application Automation Solution Provider. OMAHA, Neb. December 18, 2020 – Financial Transmission Network, Inc. (FTNI), a provider of industry-leading integrated receivables, payment processing, and cash application automation solutions, today announced the promotion of four senior team members.

FTNI Named to Food Logistics’ FL100+ Top Software and Technology Providers List for Sixth Straight Year

Continued Growth and Customer Adoption of the ETran Integrated Receivables Platform Lands FTNI on Food Logistics’ Annual List of Top Software and Technology Providers Again in 2020. OMAHA, Neb. (PRWeb) December 16, 2020 – Financial Transmission Network, Inc. (FTNI), a provider of industry-leading integrated receivables, payment processing, and cash application automation solutions, today announced that Food Logistics, the only publication exclusively dedicated to covering the movement of ...

Gem State Distributors Launches Online Payment Portal, Mobile Payment App, and AutoPay Solutions from ETran

Family-owned Convenience Store Distributor Serving an 8-State Area from Idaho to Texas Adds New Integrated Payment and Cash Application Solutions to Increase Customer Payment Convenience and Modernize Accounts Receivables Operations. OMAHA, Neb. (PRWeb) October 26, 2020 – Financial Transmission Network Inc. (FTNI), a provider of industry-leading integrated receivables, payment processing, and cash application solutions, today announced that Gem State Distributors, a leading regional broadline ...

Tetrad Corporation Increases Strategic Investment in Financial Transmission Network, Inc.

Prominent Family-owned Private Investment Firm Increases Strategic Stake in Fellow Omaha-based, Fast-growing Fintech, FTNI. OMAHA, Neb. (PRWeb) October 15, 2020 – Financial Transmission Network Inc. (FTNI), a provider of industry-leading integrated receivables, payment processing, and cash application automation solutions, today announced that Tetrad Corporation, an Omaha-based, private investment firm, has increased its strategic investment in FTNI.

Sunday Breakfast Rescue Mission Streamlines Donation Check Processing with Advanced RDC Solutions from FTNI

Philadelphia’s Largest Emergency Homeless Shelter Modernizes Donation Check Processing Operations with Cloud-based RDC Solutions from FTNI. OMAHA, Neb. (PRWeb) July 23, 2020 – Financial Transmission Network Inc. (FTNI), a provider of industry-leading integrated receivables, payment processing, and cash application solutions, today announced that Sunday Breakfast Rescue Mission, the second oldest rescue mission in the U.S., has successfully launched its ETran Remote Deposit Capture (RDC) ...

Peerless Beverage Company Selects Online Payment Portal & Advanced RDC Solutions from FTNI

Award Winning, Beer Distributor Serving Northern New Jersey, Adds New Online Payment and Remote Deposit Capture Technologies to Streamline and Automate Accounts Receivables Operations and Back-Office Cash Application OMAHA, Neb. (PRWeb) July 21, 2020 – Financial Transmission Network Inc. (FTNI), a provider of industry-leading integrated receivables, payment processing, and cash application solutions, today announced that Peerless Beverage Company, one of the largest beer distributors in New ...

Ascendant Debuts New Tool to Collect Payment Instructions More Effectively

TORONTO, May 26, 2020 (GLOBE NEWSWIRE) -- Ascendant announced today the release of their newest cross-border payments product, Payee Intel. This release marks a major step forward for how businesses collect payee details and send international payments. The development of this product began in 2019 to address one of the most critical cross-border challenges facing businesses today, and to reduce the cost of sending those payments. Payee Intel greatly diminishes the number of returns and ...

Diaz Foods Launches Integrated RDC, AutoPay, Online and Mobile Payment Solutions from FTNI

Leading Distributor and Marketer of Hispanic and Specialty Food Products Implements Several Modules of FTNI’s Truly Integrated Receivables Platform, ETran. OMAHA, Neb. (PRWeb) September 23, 2019 – Financial Transmission Network Inc. (FTNI), a provider of industry-leading integrated receivables solutions, today announced Diaz Foods, one of the largest distributors of Hispanic food products in the United States, has launched its ETran Integrated Receivables platform to deliver the distributor ...

Lipari Foods Modernizes Invoice-to-Cash Processes; Rolls Out “Lipari Direct Payments” Powered by FTNI’s ETran Solution

Leading Regional Full-Line Distributor Serving More Than 13,000 Customer Locations Across 14 States, Launches FTNI’s ETran Integrated Receivables Platform in Less Than 60 Days. OMAHA, Neb. (PRWeb) July 31, 2019 – Financial Transmission Network Inc. (FTNI), a provider of industry-leading integrated receivables solutions, today announced Lipari Foods, a regional full-line distributor serving customers in 14 states, has successfully launched its ETran Integrated Receivables platform to deliver the ...

Ascendant Launches Virtual Accounts to Transform the Cross-Border Payments Experience

TORONTO, May 30, 2019 (GLOBE NEWSWIRE) -- Ascendant, a leading technology-based payments provider, is pleased to announce the launch of Virtual Accounts, cost-effective foreign currency accounts that allow organizations to receive foreign currency payments to an account held in their name without a local area presence and at the same competitive, real-time rates AFX provides with all it’s other services.

Ascendant Launches SchedulePay, a New International Payments Tool for Businesses to Schedule Payments in Advance

TORONTO, May 23, 2019 (GLOBE NEWSWIRE) -- AscendantFX, a leading technology-based payments provider, today announced the launch of SchedulePay, an innovative international payments service on AFX’s online payment platform APay. SchedulePay allows corporate treasury departments to automatically schedule and submit batches of cross-border business-to-business (B2B) and business to consumer (B2C) payments in advance of monthly deadlines.

Ferraro Foods to Launch New Online & Mobile Payment Capabilities Powered by FTNI

Leading Family Owned Italian Food Distributor Serving the Eastern United States Adds New Online and Mobile Payment Capabilities to Streamline Accounts Receivables Operations and Deliver Customers with Easy-to-Use Online Payment Options. OMAHA, Neb. (PRWeb) April 2, 2019 – Financial Transmission Network Inc. (FTNI), a provider of industry-leading integrated receivables solutions, today announced Ferraro Foods, a family owned Italian Food distributor headquartered in Piscataway, New Jersey, has ...

HPC Foodservice Launches Payment Portal Powered by FTNI; Allowing Customers to View & Pay Invoices Online

Independently Held Broadline Foodservice Distributor Servicing the Northeast United States Since 1908 Delivers Its Customers with Convenient and Secure Online Payment Options. OMAHA, Neb. (PRWeb) January 17, 2019 – Financial Transmission Network Inc. (FTNI), a provider of industry-leading integrated receivables solutions, today announced HPC Foodservice, an independently held broadline foodservice distributor located in north central Connecticut, has launched its Fully-hosted Online Payment ...

Ruby Wines Launches New Online Payment Portal Powered by FTNI’s ETran Integrated Receivables Platform

Fourth Generation Family Owned and Operated Wine and Spirit Wholesale Distributor Rolls Out FTNI’s ETran Online Payment Portal and EIPP Solutions. OMAHA, Neb. (PRWeb) February 27, 2018 – Financial Transmission Network Inc. (FTNI), a provider of industry-leading integrated receivables solutions, today announced Ruby Wines Inc., a fourth generation family owned and operated wine and spirit wholesale distributor serving a growing list of customers in Massachusetts, has launched its ETran ...

Presidio Bank & FTNI Partner to Add Integrated Receivables to Presidio’s Growing Cash Management Portfolio

Leading San Francisco Bay Area Business Bank Selects FTNI’s ETran Platform to Deliver Its Business Banking Clients with Seamlessly Integrated Receivables Solutions OMAHA, Neb. (PRWeb) December 21, 2017 – Financial Transmission Network, Inc. (FTNI), a provider of industry-leading integrated receivables solutions, today announced a new partnership with Presidio Bank, a leading commercial banking institution in the San Francisco Bay Area. The new partnership delivers Presidio Bank and its business ...

Horizon Beverage Launches Advanced Online Payment Solution Powered by FTNI

FTNI’s Integrated Receivables Hub, ETran, delivers enhanced online payment functionality to new customer payment portal for New England’s leading beverage alcohol distributor. OMAHA, Neb., March 15, 2016 – Financial Transmission Network Inc. (“FTNI”), a provider of industry-leading, true integrated receivables solutions, today announced that Horizon Beverage Group has successfully launched a new online payment portal for its customers leveraging FTNI’s ETran Integrated Receivables platform for ...

Chase Paymentech Certifies FTNI’s Payment Platform

Enhancement provides customers another option for Canadian Credit Card Payments Omaha, NE February 4, 2014 – Financial Transmission Network Inc. (“FTNI”), a leading provider of payment solutions, announced today it has completed certification of its ETran Integrated Receivables Platform on Chase Paymentech’s Orbital payment platform. While this certification was completed for an existing FTNI customer, it extends the list of payment channel options available to all current and future customers.

Mutual of Omaha implements FTNI’s ePayment platform

Omaha, NE February 14, 2011 – Mutual of Omaha Insurance Company, offering a wide variety of individual and group products, announced today its successful implementation of FTNI’s ETran ePayment solution. Widely recognized as an insurance industry leader, Mutual of Omaha sought a strong vendor to support their 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 takes its ...