Payer, Remittance Data and Treasury Management

For Insurance, Faster Payments Means Nothing Without Data

PYMNTS

JUNE 29, 2018

” Remittance data, linked to payments between providers and insurance players, is critical on both ends of the transaction. ” In verticals like healthcare, claim data can be dozens of pages long and, at present, the market struggles with transmitting that information efficiently whenever payments are made. .”

Faster Payments

Faster Payments Same Day ACH ACH Remittance Data

How AR Can Usher The Legacy Lockbox Into The Digital Age

PYMNTS

OCTOBER 31, 2019

And while the lockbox continues to play an important role in AR and reconciliation, it no longer addresses the entire challenge as more electronic payments come in without remittance data. 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

Lockbox Remittance Data Checks RTP

Payments Space

For Insurance, Faster Payments Means Nothing Without Data

How AR Can Usher The Legacy Lockbox Into The Digital Age

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