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VECTORsgi Partner with Foresight

Friday 17 September 2004 14:11 CET | News

VECTORsgi and Foresight Corporation have announced a partnership to deliver innovative technology solutions to banks.

Under the terms of the alliance, VECTORsgi will provide its banking customers versions of its market-leading VECTOR E-Payments Solution software currently used by over 40 of the top 50 U.S. banks for electronic payment file translation, processing, and settlement. The solution will now include the high-speed validation and business activity monitoring (BAM) functions of Foresights InStream and Transaction Insight solutions. This technology is widely used by healthcare payers and providers to validate patient claims, remittance advices, and other healthcare transactions in HIPAA format, eliminate the batch rejection of claims and provide real-time dashboard monitoring of transaction processing operations. Additional capabilities include the automated generation of instant alerts triggered by errors as well as other predefined criteria.


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Categories: Payments & Commerce | Payments General
Countries: World
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