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Tags: issue payments electronically, remittance data, integrity of payment data, provides transparency, self-service capabilities, bank agnostic, disbursement workflow, nimbleness straight through processing, cost savings, lifecycle of existing systems, add-on components, disbursement hub, Outbound Payment Processing, disbursements, make the process better, primary drivers, changes to process, regulation, security, competitive threat, flexibility, cost of issuing a paper check, improve process, paper, approvals, wet signatures, individual payments, vendors, bulking, single payment, remittance.electronic payments, issuing payments, electronic remittance, Positive Pay, Payee Positive Pay, reduce risk, Single Use Accounts, SUA, card payments, bank account information, recurring payees, issue payments to the one-off payees, payments via cell phone and email, bank account info, originating systems, methods of payment, ancillary processing, control, issuing outbound payments, reduce the costs of issuing payments, speed of the transaction, new payment methods, payments by cards, payments on location, disbursement processes, issue claim payments, issue payments, claim payments, checks, MICR checks, reconciliation, payee, transaction, claim settlements, enterprise-wide middleware, payment disbursement hub, insurance claims processing, claims processing improvement, increase customer satisfaction in insurance indust, lower cost of processing claims, reduce cost of processing claims, insurance industry trends, PayPilot, electronic payment, problems insurance industry faces, mobile insurance solutions, PointPay, insureds, Catastrophic Events, CATs, Funny Insurance Ad, Prelude's Payment Tips, Trends and Observations, same-day cash, iCareCard, re-issuance, reward, loaded, reloaded, Visa, discounts, payroll, commissions, dividends, refunds, interchange, fees, funds, safety, OFAC Compliance, US Patriot Act, fraud protection, fraud prevention, check fraud protection, check fraud, fraud, check fraud prevention, System Integration, 1099 Processing, virtual credit card payments, virtual credit and debit card payments, virtual card payments, how do virtual card payments work, in-n-out single use card, single use cards, single use card number, accept virtual credit card payments, virtual card payment implementation, virtual card payment, single use card numbers, credit card single use number, single use card, virtual card payment program, virtual card payment solutions, virtual card payments healthcare providers, receiving virtual card payments, virtual card for provider payments, multi-party ACH payment, eChecks, electronic checks, MasterCard Send, direct-to-debit payment, WEX, Deluxe, PartnerConnect, Partner, Partners, Guidewire, Accelerator, Accelerators, Zelle, Payee Payment Portal
All of us here at Prelude Software have our fellow Americans, friends and colleagues in the wake of Hurricane Harvey's path in our thoughts and prayers. Equally important, we have prepared for this type of event and are proud to be ready to work with our insurance carrier clients in supporting the claim payment process as they embark to help the victims of this catastrophe. Claim payments can be issued remotely directly to the claimants' bank account in numerous ways so that funds are ready immediately for shelter, food and supplies.
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Tags: AAA Insurance Exchange, AAA NCNU, payment processing, ACH, issue payments electronically, remittance data, disbursement workflow, nimbleness straight through processing, lifecycle of existing systems, disbursement hub, Outbound Payment Processing, disbursements, changes to process, flexibility, cost of issuing a paper check, improve process, approvals, bulking, remittance.electronic payments, issuing payments, electronic remittance, Positive Pay, Payee Positive Pay, Single Use Accounts, SUA, card payments, issue payments to the one-off payees, originating systems, methods of payment, ancillary processing, issuing outbound payments, reduce the costs of issuing payments, new payment methods, payments by cards, disbursement processes, issue claim payments, issue payments, claim payments, checks, MICR checks, reconciliation, claim settlements, enterprise-wide middleware, payment disbursement hub, insurance claims processing, claims processing improvement, lower cost of processing claims, reduce cost of processing claims, PayPilot, electronic payment, mobile insurance solutions, PointPay, Catastrophic Events, CATs, OFAC Compliance, US Patriot Act, fraud protection, fraud prevention, check fraud protection, check fraud, check fraud prevention
How Businesses Can Be Effective and Efficient With Current Infrastructure for Issuing Payments
Recently, in the CFO Journal, a section of the Wall Street Journal, an interesting article regarding “Why Can’t We Get Rid of Checks” highlighted that U.S. businesses still pay half of their bills with paper checks.
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Tags: AAA Insurance Exchange, AAA NCNU, payment processing, ACH, issue payments electronically, remittance data, bank agnostic, disbursement workflow, lifecycle of existing systems, disbursement hub, Outbound Payment Processing, disbursements, make the process better, changes to process, flexibility, cost of issuing a paper check, improve process, paper, individual payments, bulking, issuing payments, electronic remittance, Positive Pay, Single Use Accounts, SUA, card payments, recurring payees, originating systems, methods of payment, ancillary processing, issuing outbound payments, new payment methods, issue payments, checks, MICR checks, reconciliation, payee, transaction, PayPilot, electronic payment, PointPay, Catastrophic Events, CATs
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Tags: payment processing, ACH, issue payments electronically, remittance data, self-service capabilities, bank agnostic, disbursement workflow, nimbleness straight through processing, cost savings, lifecycle of existing systems, disbursement hub, Outbound Payment Processing, disbursements, make the process better, changes to process, competitive threat, flexibility, cost of issuing a paper check, improve process, approvals, bulking, remittance.electronic payments, issuing payments, electronic remittance, Positive Pay, Payee Positive Pay, card payments, bank account information, bank account info, originating systems, methods of payment, ancillary processing, issuing outbound payments, reduce the costs of issuing payments, new payment methods, payments by cards, payments on location, disbursement processes, issue claim payments, issue payments, claim payments, checks, MICR checks, reconciliation, transaction, claim settlements, enterprise-wide middleware, payment disbursement hub, insurance claims processing, claims processing improvement, lower cost of processing claims, reduce cost of processing claims, insurance industry trends, PayPilot, electronic payment, insureds, Catastrophic Events, CATs
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Tags: payment processing, ACH, issue payments electronically, bank agnostic, disbursement workflow, cost savings, lifecycle of existing systems, add-on components, disbursement hub, Outbound Payment Processing, disbursements, make the process better, changes to process, flexibility, cost of issuing a paper check, improve process, paper, approvals, bulking, issuing payments, electronic remittance, Positive Pay, Payee Positive Pay, card payments, bank account information, issue payments to the one-off payees, bank account info, originating systems, methods of payment, ancillary processing, control, issuing outbound payments, new payment methods, payments by cards, disbursement processes, issue claim payments, issue payments, claim payments, checks, MICR checks, reconciliation, transaction, claim settlements, enterprise-wide middleware, payment disbursement hub, insurance claims processing, claims processing improvement, lower cost of processing claims, reduce cost of processing claims, insurance industry trends, PayPilot, electronic payment, Catastrophic Events, CATs
If You Are Not Embracing Mobile In To Your Disbursement Strategy,
You May As Well Be Doing This!
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Tags: payment processing, ACH, issue payments electronically, disbursement workflow, nimbleness straight through processing, disbursement hub, disbursements, security, single payment, issuing payments, Single Use Accounts, SUA, bank account information, issue payments to the one-off payees, originating systems, methods of payment, ancillary processing, issuing outbound payments, speed of the transaction, new payment methods, payments by cards, payments on location, disbursement processes, issue claim payments, issue payments, claim payments, claim settlements, payment disbursement hub, insurance claims processing, claims processing improvement, reduce cost of processing claims, insurance industry trends, mobile insurance solutions, insureds, Catastrophic Events, CATs, same-day cash
