GainClients, Inc., launched its 13th bank connection to its existing portfolio of clients.
The GainClients Remote Deposit Capture Solution (RDC) is now fully operational with 12 different banks, including 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 now, Independent Bank.
“We are confident that our solution continues to be the premiere solution for digital earnest money capture so that real estate transactions can be facilitated.,” Ed Laine, GainClients’ CEO, said in a release.
As the markets continue to recover from an uneasy winter, GainClients says it’s poised to facilitate real estate transactions and help homeowners meet their objectives.
“We literally have had our biggest month in transactions consummated in our history,” Laine continued. “We collected over 600 earnest money deposits in March and the month isn’t even over yet. We are currently working on three additional bank connections and will make further announcements, once those are live.”
GainClients delivers an earnest money deposit solution to title and escrow companies.
For the real estate agent, the RDC service will eliminate the time spent picking up checks from buyer clients and fees charged by title companies. For title companies, it will reduce millions spent on manual courier services and overnight shipping costs, according to GainClients.
In addition, the system will expedite the escrow opening process, as well as solving disbursement and/or refunds to avoid becoming dormant funds.