Page 12 - gs260402

IndustryUpdate

second among key trends. The report highlights a shift collaborating with industry stakeholders to strengthen
toward strategic, risk-aware technology adoption across the ACH ecosystem.
banking and credit unions.
CCSalesPro, Verisave team up
High volumes, layered services on statement analysis
can lead to six-digit revenues
CCSalesPro partnered with Verisave to launch a pro-
A report from Finance Magnates examines how digital gram centered on merchant statement analysis and lead
payments firms generate six-figure revenue by com- generation. The initiative enables agents and partners to
bining high transaction volumes with layered services. request processing statements from businesses and sub-
While global payments generate trillions of transactions mit them for analysis, with the goal of identifying poten-
and more than $2 trillion in annual revenue, providers tial savings opportunities. Verisave provides compli-
retain only a fraction of fees due to interchange and mentary reviews and highlights areas where costs may
network costs. be reduced, while CCSalesPro positions the program
as a prospecting and pipeline-building tool. The offer-
To boost margins, payment companies add revenue ing, the partners noted, is designed to scale from small
streams such as foreign exchange, subscriptions, embed- merchants to larger, multi-location and higher-volume
ded finance and analytics. The report highlights the accounts, where more detailed, customized analysis and
importance of scale, unit economics and multi-rail proposal development are often required.
infrastructure, noting that firms integrating multiple
payment methods and value-added services are best MediStreams, FNBO to enhance
positioned to grow in an increasingly complex global healthcare payment
payments ecosystem.
MediStreams partnered with First National Bank of
PaySuite: 56% of failed SME Omaha to enhance healthcare banking services with
transactions not recovered payment automation and reconciliation capabilities. The
integrated solution combines FNBO's financial services
More than half of failed payment transactions (55.8 per- with MediStreams' technology to streamline payment
cent) among UK SMEs are never recovered, according to workflows, reduce administrative burden and improve
Access PaySuite research. The survey found an average revenue cycle visibility. Key features include remittance
3.4 percent transaction failure rate, with nearly half of conversion, automated payment posting, reconciliation
businesses experiencing checkout abandonment and and correspondence management.
average annual losses of about $200,000 USD.
The partnership aims to help healthcare organizations
Operational strain is also rising, with most firms spend- address operational complexity, accelerate cash flow
ing hours each week managing failed payments while and improve financial accuracy. By extending automa-
lacking full visibility into performance. The findings tion across the payment lifecycle, the solution enables
reflect growing demand for data-driven tools, with 95 providers to reduce manual processes, strengthen con-
percent of SMEs exploring AI to reduce payment-related trols and focus more on patient care, the partners stated.
revenue leakage.
Oracle adds AI agent-driven capabilities
PARTNERSHIPS to compliance platform
Oracle is enhancing its Financial Crime and Compliance
Bottomline a Nacha Preferred Partner Management platform with AI agent-driven capabilities
through an agreement to use technology from Lucinity.
Nacha named Bottomline a Preferred Partner for The integration will embed AI-powered investigation
ACH Experience, Open Banking, and Risk and Fraud tools into Oracle's AI Investigator platform, helping
Prevention, recognizing the company's role in advanc- financial institutions automate workflows, surface
ing secure and efficient ACH payments. Bottomline insights and improve case management efficiency. The
provides payment technologies that enable banks and unified approach aims to reduce complexity by avoiding
businesses to monitor ACH transactions in real time, disconnected tools while strengthening governance and
helping detect and prevent suspicious activity before innovation within existing systems.
funds are released.
Lucinity's human-AI-centric design focuses on augment-
Nacha said the partnership supports its ongoing efforts ing investigators rather than replacing them. Oracle
to promote reliable ACH payments and reduce reliance expects to roll out the new capabilities within 12 months,
on checks while enhancing network security. Bottomline supporting institutions in modernizing compliance
added the designation reinforces its commitment to operations and responding more effectively to financial
delivering fraud prevention and payment solutions and crime risks.

12