Trover Solutions, which provides insurance subrogation, claims recovery and cost containment solutions has announced the launch of a Payments Integrity Solutions division focuses specifically on health payers’ ability to ensure payments are made and logged accurately and that they reach the hands of the correct providers....
One of Europe’s biggest hedge fund managers, Marshall Wace LLP is investing in P2P in a substantial way. The portfolio will include a closed-ended P2P Global Investments PLC fund, run by Marshall Wace. It is aiming to raise $310 million in an initial public offering, but that...
General Electric has contracted with the Tungsten Network to roll out a a multi-year e-Invoicing program into every GE operation globally, according a a release earlier today. The partnership could involve potential invoice volumes of over 16 million per year. Get the Full Story Complete the form...
The three current and two future member states of the East African Community (EAC) – Kenya, Uganda, Tanzania Burundi and Rwanda – have signed a memorandum of understanding on currency convertibility, reports Coast Week. Get the Full Story Complete the form to unlock this article and...
Several reports surfaced last week that reaffirmed what we’ve all suspected – rolling out EMV in the US is going to be a long slog that will optimistically take 5 years but more likely 10 to complete. That got MPD CEO Karen Webster to thinking,...
In this installment of the PYMNTS CEO Series, Karen Webster speaks with Ralph Dangelmaier, CEO of BlueSnap, to learn his thoughts on payments innovation, how the industry is changing and more. Where does Dangelmaier believe young innovators should look for innovative ideas, and what advice...
MasterCard has announced that it intends to purchase Pune-headquartered ElectraCard Services (ECS) from Opus Software. The terms of the deal have not yet been disclosed and the deal is expected to close sometime around the end of the second quarter of 2014. Get the Full Story...
NACHA, which oversees the U.S. automated clearinghouse system, continues to shift its focus. While the past 10 years have focused on converting checks to electronic transactions, today's activities are squarely focused on ways to use the system more effectively. What’s the one thing that NACHA...
Visa, MasterCard and American Express have had a firm grip on the global commercial card market for years. While they still maintain that control, China UnionPay, which recently overtook Visa as the world’s top debit card network, is seeing fast expansion of its commercial card...
