ACCESSWIRE
26 May 2023, 00:43 GMT+10
TUCSON, AZ / ACCESSWIRE / May 25, 2023 / GainClients, Inc. (OTC PINK:GCLT) ('GainClients' or the 'Company') is pleased to announce that its most recent bank connection was with Fifth Third Bank, one of the Top 20 Largest banks in the United States.
'One of our clients out of Indiana asked us if we could add Fifth Third Bank to their list of depositories. We said 'of course!' and began working on the Fifth Third Integration. Everything went very smoothly and 'Voila' - connected!' said Ed Laine, the Company's CEO.
As the markets continue to seek and perfect efficiencies for its market participants, GainClients is at the forefront in facilitating both Earnest Money Deposits (contactless and remote) and has the solution for solving the Disbursements or 'Dormant Funds' as the industry calls them. This solution allows market participants (Escrow Companies) to distribute proceeds from a Real Estate Transaction, electronically. Gone are the days of issuing 2 and sometimes 3, checks, only to have the recipient lose them and, in the end, that money escheats to the State. This issue is costs literally millions of dollars for some of the larger, national companies. GainClients has solved that with their Dormant Funds Solution.
'With a week still to go in the month, we are on pace to have one of our Top 5 highest production months and we are just getting started', said Laine.
GainClients delivers a solution to Title and Escrow Companies to make the collection of earnest money deposits seamless and easy for their client base. The GainClients Remote Deposit Capture Solution ('RDC') is now fully operational with 14 different banks, including Fifth Third Bank, Wells Fargo Bank, First Interstate Bank, American Bank, American National Bank, Plains Capital Bank, NewFirst Bank, Allegiance Bank, Simmons Bank, Huntington Bank, Umpqua Bank, First Financial Bank, and Independent Bank. They have 70 Client Sites up and running.
Since going public in 2001, GainClients has been a preferred provider of Tech Solutions to the Real Estate Industry. With the Pandemic and the importance of Social Distancing, the Company's 'Contactless Earnest Money Capture Tool' was the perfect fit for the time. Since all real estate transactions are initiated by an Agreement and an immediate deposit, made by the buyer of the property, to demonstrate 'good faith.' This deposit, in most states, is called an 'earnest money deposit.' GainClients' RDC Tool allows this deposit to occur digitally, saving Title and Escrow Companies thousands of dollars in courier fees and their employees' time.
For the real estate agent, the RDC service will eliminate the time spent picking up checks from their buyer clients. For title companies, it will reduce the millions spent on manual courier services and overnight shipping costs. In addition, the system will expedite the escrow opening process, as well as solving their disbursement and/or refunds avoiding becoming Dormant Funds. It's also a beneficial service from title companies to their REALTOR® partners that will strengthen existing relationships and forge new ones.
About GainClients, Inc.
GainClients products, the Remote Deposit Capture Tool or RDC, the GCard, and the Daily Opportunity Service, consist of custom formatted data and marketing services created for the real estate industry including real estate agents and brokers, lender brokerages, title/escrow and insurance companies and individual real estate, mortgage, and title and escrow professionals. Learn more at: http://www.thegainclientsway.com/.
For More Information:
GainClients
Ed Laine, at info@gainclients.com or at +1.206.229.5515;
Corporate Office: 6245 E Broadway Blvd., Suite 400, Tucson, AZ 85711
Cautionary Statements
This corporate update contains 'forward-looking information' that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking information can be identified by the use of forward-looking terminology such as 'plans', 'expects' or 'does not expect', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates' or 'does not anticipate', or 'believes', or variations of such words and phrases or state that certain actions, events or results 'may', 'could', 'would', 'might' or 'will be taken', 'occur' or 'be achieved'.
SOURCE: GainClients, Inc.
Get a daily dose of Seattle Bulletin news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Seattle Bulletin.
More InformationWASHINGTON D.C.: The Federal Aviation Administration has said that a drone sighting disrupted some flights at Pittsburgh International Airport this ...
PORTLAND, Oregon: A federal trial has begun in Portland, Oregon examining the constitutionality of a stringent gun control law approved ...
PHILADELPHIA, Pennsylvania: Philadelphia Mayor Jim Kenney and members of the city's historical commission have been sued by a group which ...
LANSING, Michigan: Michigan's Department of Natural Resources said by a wildfire in the state has burned through more than 3 ...
ISTANBUL, Turkey: In an interview with Reuters, Willie Walsh, director-general of the International Air Transport Association, (IATA), said airlines are ...
SACRAMENTO, California: Sixteen migrants from Venezuela and Colombia, who had entered the United States through Texas, were transported to California ...
FREMONT, California: Elon Musk's brain implant startup Neuralink, valued at some $2 billion during a private fundraising round two years ...
NEW YORK, New York - U.S. stocks moved higher Thursday as investors and traders took a break from their recent ...
LISBON, Portugal: Carsten Spohr, Chief Executive of Lufthansa, has said that as Portugal's government is still debating whether to sell ...
NEW YORK, New York - U.S. stocks were divided on Wednesday, with the technology and industrial sectors parting ways.Tech stocks ...
HOLLYWOOD, California: More than tripling the debut of its 2018 animated original predecessor, Sony Pictures' "Spider-Man: Across the Spider-Verse" opened ...
PARIS, France: European plane manufacturer Airbus is reported to be close to a record agreement to sell 500 narrow-body jets ...