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Giving B2B Dental Payments A Digital Treatment

PYMNTS

Some payers had to limit the operations of their mailrooms. These newfound challenges — as well as dental practices’ demands to be paid more swiftly by insurance firms as the global health crisis stresses their incomes — could increase the demand for digital payments and AR methods. Claims Attachments.

B2B
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How Small Businesses Ride Their Payment Rails

PYMNTS

New data has emerged about how SMBs use other payment rails , including cards and wire transfers. million Same Day ACH payments were made during the quarter, a 192 percent year-over-year increase, though NACHA did not disclose what percentage of that volume was made by business payers. NACHA said 43.2

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Where APIs Fall Short On Corporate Finance Integration

PYMNTS

The race to digitize has introduced a new conundrum in corporate data management, however. With more on-premise and cloud-based solutions operating in the back office, enabling all these systems to communicate and share data with each other is not a given. With organizations surveyed by IDG estimating that they spent an average of $3.5

API
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For Insurance, Faster Payments Means Nothing Without Data

PYMNTS

That’s because the insurance industry is heavily reliant on payment data, perhaps more so than other verticals. ” Remittance data, linked to payments between providers and insurance players, is critical on both ends of the transaction. .” “We see really high adoption of virtual cards.”

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How AR Can Usher The Legacy Lockbox Into The Digital Age

PYMNTS

It’s a service designed around the ubiquity of the paper check, and with checks still a popular payment tool in B2B transactions, lockbox services remain in high-demand. He did note, however, that he is “very optimistic” about the emergence of new payment services able to move remittance data along with funds.