In healthcare, payment friction may be viewed by some payers as a feature, not a bug. The business models of two major players in the space, UnitedHealthcare and Change Healthcare, spotlight the issues.
Until now, letters of credit have been a necessary evil for overseas trade, but a new breed of payments providers are helping trading partners establish the banking relationships to meet growing demand for flexible, fast global eCommerce.
OpenEnvoy CEO Matthew Tillman says CFOs are looking beyond internal teams for out-of-the-box solutions that address pressing pain points and bogged down business processes.