Payments

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  • Xchanging Aims at "Transformational Play" With Launch of Netsett Net Settlement Utility to US Market
    By Anthony O'Donnell | May 07, 2013
    Settlement processes similar to those that reduce needed capital from $80 billon to $12 billion on the London market are poised through an Xchanging/Deutsche Bank partnership to address $3 trillion global market, with the possibility of a 85% reduction in the working capital required.
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  • Aetna, Cigna Sign on for Multi-Plan EFT Initiative
    By | February 08, 2013
    Council for Affordable Quality Healthcare hopes letting providers enroll just once for multiple plans will be more efficient and encourage more doctors to participate in electronic funds transfer.
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  • Aetna to Pay up to $120m to Settle Case over Payments
    By Reuters | December 07, 2012
    Aetna Inc on Friday said it agreed to pay as much as $120 million to settle litigation over its practices on the payment of claims for services by providers with which Aetna does not have a contract.

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  • Health Insurers Test Payment Bundling Software From McKesson
    By | November 20, 2012
    Among the organizations that have tested Prometheus Payment are Health Partners in Minneapolis, Independence Blue Cross and the Crozer Keystone Health System in Pennsylvania, the Employers Coalition on Health in Rockford, Ill., Priority Health and Spectrum Health in Michigan.
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  • Heard at IASA: Top Quotes From the 2012 IASA Conference
    By Kathy Burger | June 08, 2012
    With increased attendance for the third year in a row and a sold-out exhibit hall, this year’s IASA Educational Conference and Business Show in San Diego provided evidence of the insurance industry’s health and increased IT spending. It also highlighted ongoing challenges in the areas of customer experience and retention, data management and regulatory compliance. I&T highlights some of the most provocative statements heard at the conference.
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  • 5 Steps Insurers Can Take to Meet Consumer Demand for e-Payment Capabilities
    By Grant Brown, Profluent ePayment Consulting | May 29, 2012
    The maturing of e-payments technology, changing customer demographics and the shift to a customer-centric approach to winning and retaining policyholders are combining to are compel insurers to change the way they interact with customers during the payment process. The author presents five steps toward adopting e-payments capabilities.
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  • Wells Fargo Expands Check Scanning: Opportunity for Agents?
    By Nathan Golia | May 25, 2012
    The bank has announced support for Panini scanners: Could their brokerage arm embrace them?
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  • Top Technologies for the 2012 Hurricane Season
    By Kathy Burger | May 25, 2012
    The 2012 Atlantic hurricane season, which officially begins June 1, is likely to be relatively mild compared to recent years. But even a less-active season or a Category 1 storm places tremendous demands on insurance companies in terms of risk modeling and underwriting, catastrophe response and claims management/payments. Here’s a review of some of the key technologies and tools insurers must have in their arsenals to provide the right levels of service during the 2012 hurricane season.
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