The US spends 25 percent of all health care costs on administration, a big part of which involves billing for medical ...

Last month, a judge granted preliminary approval to the two-decade-long Visa-Mastercard $38-billion interchange settlement.

The payments landscape has undergone a significant transformation, from in-person card transactions to today’s mobile-first commerce, and shows no sign of slowing. The global mobile payment market is ...

Stripe and Cross River Bank announced bank-grade single-use card issuance for AI agents on July 2, as 160 million autonomous ...

Guidance on processes companies should implement to comply with US export laws and regulations, including conducting key ...

The U.S. Office of Government Ethics on Thursday released financial disclosure forms showing that President Trump disclosed at least $220 million in financial transactions in the securities of major U ...

Health insurance giant UnitedHealthcare said on May 5 it will eliminate prior-approval requirements for 30% of health care services amid complaints that administrative tasks delay or deny people care.

When a customer swipes, dips or taps a credit card at your register (or enters their card details online), the transaction appears to happen instantly. The payment is approved, the receipt prints or ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

`payment_transaction_id` BIGINT COMMENT 'Unique identifier for the payment transaction.', `account_id` BIGINT COMMENT 'Foreign key linking to customer.account. Business justification: Required for ...

CAQH data from 600 organizations covering 63% of insured lives quantify $20B+ additional annual savings achievable by shifting remaining manual administrative transactions to fully electronic ...

U.S. health insurers are accelerating efforts to streamline prior authorization requirements, with UnitedHealthcare, Aetna and Cigna on Friday detailing progress toward industry commitments aimed at ...