Category: Vellis News

Alternative payment models (APMs) are innovative approaches to healthcare reimbursement that move away from the traditional system of paying for each service. Instead of rewarding volume, APMs focus on the overall quality and efficiency of care.

Revenue Cycle Management (RCM) can be neatly elaborated as the strategic process businesses use to track and manage the flow of revenue from initial customer engagement through to final payment. It plays a crucial role in maintaining financial stability by ensuring that services provided are accurately billed and appropriately reimbursed.

Fraud detection is the process of identifying activities that are unauthorized, suspicious, or potentially harmful to an organization or individual. In simple words, this involves a set of tools, systems, and procedures designed to recognize and stop fraudulent behavior before it causes significant damage.

SaaS payment processing handles recurring transactions and subscription billing for cloud-based software services. These systems ensure secure fund transfers between customers and businesses using gateways, processors, and compliance tools. 

An email money transfer (EMT) lets you send money between Canadian bank accounts using online banking and an email address. It’s a fast and secure way to transfer money through email without needing to share banking details.

Dropshipping is a simple yet powerful business model where you sell products online without handling inventory. Instead of stocking items, you forward customer orders to a third-party supplier who ships the product directly to the buyer.

A new report from Vellis Financial ranks 30 European cities by startup cost. It highlights where entrepreneurs and remote founders will need deep pockets, alongside which locations they can launch lean and stretch capital further.

Local payment methods are region-specific or culturally preferred for goods and services. These can range from traditional bank transfers and mobile wallets to cash-based vouchers and locally popular credit or debit cards. They reflect the payment habits and infrastructure of a particular country or region.

Nowadays, in this tech-frenzy world, numerous travelers and business individuals, cosmopolitan banks, and payment platforms are looking for ways to smoothen the entire process and generate beneficial outcomes for all. Dynamic Currency Conversion (DCC) is a fantastic financial service that enables international cardholders to pay in their home currency rather than the local one when…

Welcome to the world of tomorrow! An eCheck, or electronic check, is a digital version of a traditional paper check, but a more tech-savvy and secure option. Instead of being written and mailed, eChecks are created and processed entirely online.