Blue Cross of California and Bank of America Global Treasury Services (GTS) have launched the Bank of America Global Advice service for Explanation of Benefits, which will expedite the electronic delivery of payments and paperwork to health care professionals. The platform will allow Blue Cross to offer expanded information services to physicians, allowing them to automate and streamline their claims payments and paperwork. According to GTS, Global Advice will provide health care professionals with a simple tool for downloading payment detail into a common format, spreadsheet, or accounts receivable system. In addition, it will notify health care professionals by e-mail when new information is posted to their account.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.