Payment

Turkiye Garanti Bankasi A.S.: Announcement Regarding the Operating Permit from the Central Bank of the Republic of Türkiye for Garanti Ödeme ve Elektronik Para Hizmetleri Anonim Şirketi , a subsidiary

Retrieved on: 
Friday, February 16, 2024

Central Bank of the Republic of Türkiye , as per its decision published in the Official Gazette dated 15.02.2024, has granted Garanti Ödeme ve Elektronik Para Hizmetleri Anonim Şirketi,

Key Points: 
  • Central Bank of the Republic of Türkiye , as per its decision published in the Official Gazette dated 15.02.2024, has granted Garanti Ödeme ve Elektronik Para Hizmetleri Anonim Şirketi,
    a subsidiary of our bank, with a permit to operate as a payment and electronic money institution to provide the payment services specified in subparagraphs (a), (b), (c), and (e) of the first paragraph of Article 12, as well as the electronic money issuance service specified in the second paragraph of Article 18 of Law on Payment and Securities Settlement Systems, Payment Services, and Electronic Money Institutions No.
  • 6493.
  • *In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
  • Contact Garanti BBVA Investor Relations:

Latin America Online Payment Methods 2024: Credit Cards Dominate the Digital Payment Landscape and B2C E-Commerce, with Real-time Payments Witnessing Rising Popularity in Latin America

Retrieved on: 
Thursday, February 15, 2024

Overview of the Online and Mobile Payment Trends, September 2023

Key Points: 
  • Overview of the Online and Mobile Payment Trends, September 2023
    Preferred Online Payment Methods For E-Commerce Purchases, in % of Adults, June 2022
    Preferred Payment Method When Shopping Online, in % of Respondents, October 2022
    Value of Contactless Card Transactions, in USD trillion, 2022e & 2027f
    Value of Digital Wallet Transactions, in USD trillion, 2023e & 2028f
    Total Number of OEM Pay E-Commerce Transactions, in USD billion, Growth in Transactions, in %, & Average Transaction Volume Per OEM Pay User, in USD, 2026f
    Share of OEM Pay E-Commerce Transactions Stemming From Purchases of Digital Goods, in %, 2026f
    Top Reasons Because of Which Respondents Are Likely to Abandon Checkout, in % of Adults, June 2022
    Most Accessible vs Most Preferred Online Payment Method, in % of Adults, June 2022
    Share of Consumers Agreeing With the Following Statements Related to Security of Online Payment, in %, April 2023
    Share of Consumers Agreeing With the Following Statements Related to Digital and Mobile Wallets, in %, April 2023
    Top Consumer Expectations at Checkout When Making Online Purchases, incl.
  • "Payment Methods", in % of Respondents, October 2022
    QR Code Payment Transaction Value, in USD billion, 2023e & 2028f
    Online & Mobile Payment Trends, October 2023
    Breakdown of B2C E-Commerce Sales, by Payment Methods, in %, 2022e
    Breakdown of Payment Methods Used for Streaming and Digital Goods Purchases, in %, 2022e
    Breakdown of Online Travel Payments Volume, by Payment Method, in %, 2022e
    Card Ownership in Select Countries, by Card Type, in % of Internet Users, 2021 & August 2022
    Real-Time Payments Share of Total Electronic Payments, in %, 2022 & 2027f

Simplify Healthcare Unveils Simplify App Fabric™: A Low-Code Application Platform Purpose-Built for Payer Needs

Retrieved on: 
Thursday, February 15, 2024

Simplify Healthcare , a leading enterprise Payer software company, today announced the launch of their new Enterprise Digital Innovation Platform — Simplify App Fabric™ — Purpose-built for Payers and forged from their tried and tested platform — Simplify Health Cloud™.

Key Points: 
  • Simplify Healthcare , a leading enterprise Payer software company, today announced the launch of their new Enterprise Digital Innovation Platform — Simplify App Fabric™ — Purpose-built for Payers and forged from their tried and tested platform — Simplify Health Cloud™.
  • Simplify App Fabric™ accelerates application development time, reduces costs, and increases collaboration between IT and non-IT stakeholders while maintaining data security and compliance through low-code application development.
  • They need to be agile to retain their market share and have a first-movers advantage,” stated Vinay Nadig , Chief Strategy Officer and GM — Simplify App Fabric™, Simplify Healthcare.
  • He added, “By simplifying application development, Simplify App Fabric™ empowers teams to develop critical solutions faster and optimize costs significantly.

KUBRA to Elevate NorthStar’s Billing, Payment, and Customer Communications Experience Through Strategic Solution Implementation

Retrieved on: 
Thursday, February 15, 2024

KUBRA’s suite of cutting-edge customer experience management solutions is now complemented by NorthStar’s end-to-end (CIS) solutions, fostering a strategic partnership.

Key Points: 
  • KUBRA’s suite of cutting-edge customer experience management solutions is now complemented by NorthStar’s end-to-end (CIS) solutions, fostering a strategic partnership.
  • This collaboration enables NorthStar to further enhance its utility customer experience with the seamless integration of six innovative tools: KUBRA iMail™, KUBRA EZ-PAY®, KUBRA MyHQ™, KUBRA Notifi®, Storm Center™, and IncidentWatch™.
  • The result is NorthStar can elevate its customer experience by delivering streamlined billing, payment, and customer communications solutions for a more convenient, intuitive user experience.
  • Together, we’ll be able to further elevate the customer experience and meet evolving preferences,” said Jerry Rahon, Vice President of Sales and Marketing at NorthStar.

ASDA Selects Accertify for Enhanced eCommerce Fraud Prevention

Retrieved on: 
Wednesday, February 14, 2024

ITASCA, Ill. and LEEDS, England, Feb. 14, 2024 /PRNewswire/ -- Accertify, Inc., a wholly owned subsidiary of American Express, will help provide ASDA, one of the largest retail chains in the UK, with enhanced security across ASDA's eCommerce transactions as part of the company's digital transformation strategy.

Key Points: 
  • Accertify's real-time machine learning models and automated refunds will enable ASDA to adapt to evolving fraud trends while streamlining chargeback workflows.
  • Accertify's solutions will help ASDA combat eCommerce payment fraud, improve customer experience and optimize related KPIs.
  • "As a leading UK retailer, having the right fraud prevention capabilities that can adapt to the evolving fraud landscape is critical for ASDA," said Mark Michelon, President, Accertify.
  • "Accertify has long demonstrated it is a leader in machine learning-based fraud prevention and chargeback management," said Craig Parkinson, Product Manager - Payments and Fraud, ASDA.

GraceBlood/VelociLink Joins ERPVAR Acumatica ISV Network with Acumatica EDI (Electronic Data Interchange) Managed Services

Retrieved on: 
Wednesday, February 14, 2024

MISSION VIEJO, Calif., Feb. 13, 2024 /PRNewswire-PRWeb/ -- ERPVAR welcomes GraceBlood and their VelociLink solution to the ERPVAR.com Acumatica ISV and VAR network. GraceBlood, a leading Electronic Data Interchange (EDI) solutions provider, is now promoted in ERPVAR.com's Acumatica ISV Directory. This collaboration aims to introduce GraceBlood's VelociLink advanced Acumatica EDI managed services to Acumatica partners and customers. 

Key Points: 
  • GraceBlood's VelociLink offers Acumatica EDI managed services with personalized customer service to get and keep Acumatica EDI transactions up and running.
  • GraceBlood, a leading Electronic Data Interchange (EDI) solutions provider, is now promoted in ERPVAR.com's Acumatica ISV Directory.
  • This collaboration aims to introduce GraceBlood's VelociLink advanced Acumatica EDI managed services to Acumatica partners and customers.
  • The benefits of an integrated EDI provider/Acumatica partnership with GraceBlood:
    "We welcome GraceBlood to our ERPVAR Acumatica ISV and VAR network.

Weave Enhances Payments Suite with Payment Plans

Retrieved on: 
Tuesday, February 13, 2024

Weave (NYSE: WEAV), a leading all-in-one experience platform for small and medium-sized healthcare practices, announced a new Payment Plans feature to its payment suite.

Key Points: 
  • Weave (NYSE: WEAV), a leading all-in-one experience platform for small and medium-sized healthcare practices, announced a new Payment Plans feature to its payment suite.
  • Payment Plans enable healthcare businesses to easily set up and manage recurring payment schedules, making it convenient for both the business and their patients.
  • “With Payment Plans, businesses can streamline recurring payments, which is a vital component of efficient cash flow management and elevated customer satisfaction.
  • By offering a comprehensive suite of billing and payment features, Weave remains committed to helping these businesses thrive in an increasingly digital world.

Availity Achieves CORE Certification on Eligibility & Benefits, Claim Status, Payment & Remittance, Prior Authorization & Referrals, and Health Care Claims Operating Rules

Retrieved on: 
Friday, February 9, 2024

Availity , the nation's largest real-time health information network, announced today that it achieved the CAQH Committee on Operating Rules for Information Exchange (CORE®) Eligibility & Benefits, Claim Status, Payment & Remittance, Prior Authorization & Referrals, and Health Care Claims Operating Certification Seals.

Key Points: 
  • Availity , the nation's largest real-time health information network, announced today that it achieved the CAQH Committee on Operating Rules for Information Exchange (CORE®) Eligibility & Benefits, Claim Status, Payment & Remittance, Prior Authorization & Referrals, and Health Care Claims Operating Certification Seals.
  • CORE has developed the Eligibility & Benefits, Claim Status, and Payment & Remittance Operating Rules to improve electronic data exchange related to eligibility, benefits, and claim status transactions and to streamline provider payment and claim reconciliation.
  • With billions of electronic transactions conducted by the healthcare industry each year, CORE Operating Rules facilitate the seamless and secure exchange of administrative data.
  • CORE Certification Seals for Prior Authorization & Referrals and Health Care Claim Operating Rules confirm that Availity can exchange electronic healthcare information for eligibility, benefits and claims status, and electronic funds transfer and electronic remittance advice in conformance with the CORE Operating Rules.

ClinicMind Marks New Phase of Growth with the Formation of its Institutional Platform as a Service (PaaS) Division, Focused on the Hospital RCM Services

Retrieved on: 
Thursday, February 8, 2024

CLEARWATER BEACH, Fla., Feb. 8, 2024 /PRNewswire-PRWeb/ -- ClinicMind®, a leading provider of next-generation healthcare management solutions, announced today the creation of its new Institutional PaaS Division, headed by Senior Vice President Kathleen Casbarro.

Key Points: 
  • Led by industry veteran Kathleen Casbarro, it focuses on serving the institutional market by optimizing its best-in-class solutions that leverage software, RCM services, and Clinician Credentialing with Payers.
  • The new division will expand ClinicMind's broad range of EHR software and RCM services for the Professional Platform as a Service to enterprise customers.
  • It will provide its claims processing, billing, and reimbursement services for in-patient medical care clinics and hospital facilities.
  • "Under Kathy's guidance, ClinicMind has increased its hospital client pool ten-fold over the last fifteen years."

MoneyGram Accelerates Global Digital Strategy with Appointment of New Senior Hires to Drive Unprecedented Growth

Retrieved on: 
Wednesday, February 7, 2024

DALLAS, Feb. 7, 2024 /PRNewswire/ -- MoneyGram International, Inc. ("MoneyGram" or the "Company"), a leading global financial technology company that connects the world's communities, is pleased to announce four strategic appointments to its senior management team, responsible for the acceleration of the Company's global digital strategy. These new leaders will partner closely with the Executive Leadership Team and report directly to Seth Ross, MoneyGram Chief Digital Officer.

Key Points: 
  • These new leaders will partner closely with the Executive Leadership Team and report directly to Seth Ross, MoneyGram Chief Digital Officer.
  • Bringing decades of digital expertise to MoneyGram, the new leaders will help oversee the next level of digital growth for the Company, focusing on four strategic areas: MoneyGram Online (Edwina Johnson); MoneyGram Business (Arnoldo Reyes); Pricing Strategy (Vijay Raman); and Payments and Product Partnerships (Mike Tekulve).
  • "It's been a privilege to join the incredible team at MoneyGram amidst a remarkable digital transformation, and I'm extremely proud of the success we've achieved through our digital strategy to date," said Ross.
  • MoneyGram is committed to the global expansion of MoneyGram Online ("MGO"), the Company's leading direct-to-consumer digital business, as the channel has proven to be an important growth driver, delivering consistent, double-digit revenue increases and improving customer loyalty to the MoneyGram Brand.