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One Inc Launches Advanced 835 Remittance Solution, Enhancing Provider Payment Efficiency in Workers’ Compensation and Beyond

Fintech Finance

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. For insurers, these efficiencies translate directly into improved productivity and reduced operational costs.

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B2B Payments Drive Instant Payments, Crypto Innovation

PYMNTS

Developing better financial products for consumers and opening new funding channels for companies will all help the recovery.”. After launching the program last October, Mastercard is broadening the initiative to help FinTechs develop their blockchain-based products and services. Many more made contactless payments.

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Digital Payments Easing Pains For Hurting Medical And Dental Practices

PYMNTS

As Chris Clausen, executive director of product management at Deluxe, recently told PYMNTS , “Medical claims payments are one of the most intricate and challenging types of B2B payments in the marketplace. There is a fundamental need to link complex remittance data — explanation of payment — with the payments being made.”.

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Guide to Cash Application Automation Software

EBizCharge

By deploying cash application automation software, businesses can ensure their receivable teams focus on more strategic tasks rather than getting bogged down with manual processes, enhancing overall productivity and operational agility. What is remittance data? Why is it common for remittance data to be disorganized?

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The Not-So-Beaten Path To B2B Payments Real-Time Ubiquity

PYMNTS

According to Tom Halpin, head of payment products at HSBC , faster and real-time payment services don’t only provide the value of speed for corporate clients, especially in the context of cross-border transactions. It’s about understanding clients’ needs and problems, and helping to solve for that,” noted Halpin.

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Accounts Receivable Innovations Ease AP Pain

PYMNTS

Accounts payable and finance departments in the middle market want to invest in growth, in products, in service, in people — they don’t want to invest in suppliers or supplier-related processes,” he said, highlighting the supplier management and communication component of AP that is becoming increasingly important.

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How Inefficient B2B Payments Systems Hobble Business Growth

PYMNTS

“Businesses very much focus on their core competency activity, and focus on making sure they keep production levels where they need to be. That might mean discovering a segment of vendors that are ripe for virtual card payments or integrated remittance data. ” The First Step — And Beyond. A Holistic View.

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