Posts Tagged ‘InstaMed’
Mastercard Ups Financial Inclusion Commitment; FIS Announces $150 Million for Fintech Investment: News Roundup
PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
Read MoreWhat are Omnichannel Payments?
Sellers of all kinds are feeling the pressure to keep up with rising consumer expectations, making omnichannel payments increasingly important across industries.
Read MoreAs Fintechs Like Square and Stripe Threaten Bank Revenue, Banks Turn to Competitors for Help
It’s obvious to many observers that the rising competition from fintech companies including the likes of payment facilitators Square and Stripe is having an impact on banks.
Read MoreJP Morgan Chase Funds Software Provider FreshBooks, Deepening Integrated Payments Investment
Merchant services giant JP Morgan Chase is again placing its bets on integrated payments, this time with a strategic investment in accounting software provider FreshBooks.
Read MoreKlarna Talks the Price of Progress in the U.S.; BlueSnap Partners with Chargebacks911: News Roundup
PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
Read MoreJPMorgan Chase Buying Another PF, Beefing up Healthcare Payments Capability with InstaMed Acquisition
Last week, JPMorgan Chase announced its plans to acquire InstaMed, a technology and payments platform focused on the U.S. healthcare industry.
Read MoreHealthcare PF InstaMed Counters Consumer Confusion
Nearly two-thirds of consumers would consider switching to a different healthcare provider based on their payments experience.
That’s potentially a sobering statistic to people in the healthcare industry. But it’s one that InstaMed – as a healthcare payments network and particularly as a payment facilitator – feels well positioned to address.
Read MoreHealthcare PF InstaMed Connects Payers, Providers and Patients
Healthcare in the U.S. is a complicated mix of people and organizations both large and small. Patients navigate through small practices and large healthcare systems as well as individual and employer-provided insurance. Further adding to the complications are very specific regulations protecting patient data and the need to protect the patients’ payment information.
As a payment facilitator, InstaMed strives to connect those disparate parts through a single network. The company claims to connect more than two-thirds of the healthcare market and process tens of billions of dollars a year in healthcare payments.
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