Fintech Finance

JUNE 3, 2025

The enhanced ERA functionality within ClaimsPay enables insurers to effortlessly generate and distribute standardized 835 remittance files directly to hundreds of thousands of providers’ Revenue Cycle Management (RCM) systems. healthcare system, driven by fewer errors, faster processing times, and streamlined administrative tasks.

Remittance Data 94

Remittance Data Reconciliation Payment Reconciliation Correspondent 94

PYMNTS

NOVEMBER 27, 2019

Friction associated with traditional payment networks is plentiful, he told PYMNTS in a recent interview — and while real-time payment networks can address many of the related woes, their adoption will greatly rely on their ability to address corporates’ biggest pain points. Progress in Tackling Cross-Border Payments Friction.

ISO 20022 117

ISO 20022 Cross-Border Payments ISOs Cross-Border 117

PYMNTS

OCTOBER 22, 2020

With ACH , the biggest challenge often comes in the form of remittance data being emailed separately from the movement of funds. For businesses managing tens of thousands of transactions every month, manually sifting through email inboxes to match remittance data with bank account information is a massive point of friction.

B2B 89

B2B Lockbox Remittance Data ACH 89

PYMNTS

FEBRUARY 4, 2020

Once reserved for only the largest and most sophisticated firms, automated enterprise resource planning (ERP) and accounting platforms are now accessible for even the smallest of businesses, and data from those systems is the new currency of operational efficiency. A Reconciliation Headache.

Commercial Card 61

Commercial Card Lockbox Reconciliation ACH 61

PYMNTS

DECEMBER 20, 2018

As financial services companies scramble to push one payment alternative over the others in pursuit of B2B payments digitization , Clark explained that a better strategy would be to introduce flexibility into the transaction process to address the range of needs and challenges for suppliers and buyers alike.

B2B 65

B2B Push-to-Card Payments Checks 65

PYMNTS

OCTOBER 31, 2019

It’s great to get a check, or wire, or ACH, but if you don’t know what it’s to be applied to, you have a huge cash application and reconciliation challenge.”. He did note, however, that he is “very optimistic” about the emergence of new payment services able to move remittance data along with funds.

Lockbox 43

Lockbox Remittance Data Checks RTP 43

PYMNTS

OCTOBER 2, 2019

Discover Targets Reconciliation Data. While the announcement almost exclusively focuses on the integration’s benefits for corporate payers, the companies noted that their collaboration enables vendors to receive “more detailed remittance data.”. Below, PYMNTS looks at the latest in AP that does exactly that.

Commercial Card 52

Commercial Card Innovation Payer B2B 52