Prelude's Insights on Outbound Payments Blog
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Prelude's Insights on Outbound Payments Blog

The top 5 reasons Insurance Carriers are slow to implementing new payment methods

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Disbursement Hub: Build, Buy or Outsource?

 

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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

ARE YOU STAYING COMPLIANT WITH THE U.S. PATRIOT ACT?

 

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Tags: PayPilot, OFAC Compliance, US Patriot Act

Do you know the items on the Disbursement Hub Checklist?

Disbursement Hub Checklist

Learn the key items to consider when implementing a disbursment hub for your organization. 

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