Data Impact Acquires E-Tran.INDIANAPOLIS -- E-Tran, a leading provider of electronic payment and collections capabilities to financial institutions and their customers, has become a Data Impact company. "The union of our electronic document presentment capabilities and E-Tran's electronic payment facilities creates a combination that will provide financial institutions and businesses exciting new options and opportunities," said Data Impact CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Bill Plant-Mason. Indianapolis-based Data Impact provides nationwide document conversion and presentment, secure hosting, and electronic content management to companies in a wide variety of industries, as well as e-mail notification and print suppression services for financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. companies. "As a Data Impact company, we look forward to providing additional cash management products that complete our existing electronic lockbox Lockbox A collection and processing service provided to firms by banks, which collect payments from a dedicated postal box to which the firm directs its customers to send payment to. and online payment offerings and that will offer financial institutions complete end-to-end accounts receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying collection solutions," said Jan Salzman, E-Tran's Chief Operations and Compliance Officer. "We believe strongly that technology-enabled business services are the future. We will continue keeping our bank partners on the leading edge by seeing that they always have access to the latest innovations while meeting all current rules and regulations pertaining per·tain intr.v. per·tained, per·tain·ing, per·tains 1. To have reference; relate: evidence that pertains to the accident. 2. to electronic payments," she added. "Joining forces with Data Impact will enable us to better serve a broader market," said Salzman, who has headed E-Tran's operations and electronic payments compliance since 2004. E-Tran is the third recent acquisition for Data Impact. "Our strategy is to provide the full suite of resources companies need to meet all their transactional needs online," said Data Impact's Plant-Mason. "Paper documents are becoming increasingly costly to create, retrieve, and process. Economics and competitive pressures are creating a future of technology-enabled services." Data Impact is an international electronic document processing Processing text documents, which includes indexing methods for text retrieval based on content. See document imaging. and online document presentation company whose services include paper-to-digital document conversion, electronic content management, document retrieval The ability to search for documents by keywords and other attributes such as date and author. It implies that the documents have been indexed on all pertinent fields and that keywords have been chosen based upon title and textual content. See document imaging and document management system. , secure hosting, and online invoice presentation and payment. The company is headquartered in Indianapolis, IN. E-Tran, based in Norwalk, CT, is a leading financial services company that enables financial depository institutions Depository institution A financial institution that obtains its funds mainly through deposits from the public. This includes commercial banks, savings and loan associations, savings banks and credit unions. to offer their business customers secure, reliable, high volume complete end-to-end electronic payment and collections cash management services. E-Tran's cash management service lets financial institutions and their partners manage business relationships from setup to reporting to payment posting. |
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