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Mutual of Omaha Implements ETran ePayment

The carrier sought a compliant vendor solution to support its credit card processing of policyholder premium payments via credit card.

Mutual of Omaha has implemented FTNI's ETran ePayment solution, according to a vendor statement.

The Omaha, Nebraska-based carrier sought a vendor solution to support its credit card processing while maintaining compliance with Payment Card Industry regulations for the secure processing of policyholder premium payments via credit card, according to the statement. 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, the FTNI source says.

"We considered several electronic payment vendors and selected FTNI based on their payment industry knowledge and their ability to adapt to a variety of payment initiation points, both internal to Mutual of Omaha and through our third-party marketing partners,” comments Steve Amdor, assistant treasurer, Mutual of Omaha. "The flexibility of FTNI's ETran solution allowed us to meet our project timetable while never having the FTNI team on the critical path to solution delivery."

Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio

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