Michael Barr to head OCC, Healthcare startup investments surge, Transport trade group brings vaccine IDs into digital age

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

January 21, 2021

Podcast: Healthcare Payments

COVID-19’s Price Tag Leaves Large Hospitals At Financial Risk

The pandemic has upended almost every dynamic of the healthcare system from funding to operations to profits. Dominick Colabella, CEO of Rectangle Health, told Karen Webster that a drop in elective procedures has even put large hospitals at a financial risk.

 

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Vaccine Passports

Transport Trade Group Brings Airlines and Vaccine IDs Into The Digital Age

As vaccines gain traction, air travel will at some point resume at full force. Nick Careen, SVP, Airport, Passenger, Cargo and Security at the International Air Transport Association (IATA), tells PYMNTS the stage is set for digital solutions to help validate and authenticate passengers and that they’ve satisfied COVID-related test and travel requirements.

 

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Cross-Border Trade Finance

Drip Capital Aims To Create Trade Finance Network For Cross Border Buyers, Suppliers

Cross-border trade is lucrative and complicated. Pushkar Mukewar, co-founder and CEO at Drip Capital said in a recent conversation with Karen Webster, that offering trade credit to buyers and their SMB suppliers optimizes working capital and creates a network that accelerates cross border trade.

 

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Credit Unions

Bank Offers Go Contextual For Credit Unions In 2021

Contextual offers and predictive analytics will help credit unions compete more effectivelywith larger, traditional financial institutions — and cement member loyalty, Denise Stevens, senior vice president, chief product officer at PSCU, tells PYMNTS. Artificial intelligence (AI) and data hold the keys.

 

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FinTech Digital Shift

App Store Approach Helps Banks Manage Partners, Speed Digital Transformation

As banks continue their digital transformation, Avi Cohen, co-founder and CEO of FinTech The Floor, tells PYMNTS they may find value in taking an “app store” approach as they weigh existing and new solutions, providers and partnerships.

 

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Real-Time Payments Tracker

Auto Lenders Use AI To Drive Safer Real-Time Disbursements

Car buyers want instant access to auto loan disbursements, but there are risks to offering real-time speeds, says Raul Alvarez, director of accounting operations at auto financing provider Westlake Financial. In the Real-Time Payments Tracker, Alvarez explains how pre-transaction verification and artificial intelligence (AI)-powered analysis can help lenders quickly vet and disburse loans in real time.

 

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