SSI Healthcare Rev Cycle Solutions

APRIL 29, 2025

In 2023, the Healthcare Financial Management Association (HFMA) found that front end revenue cycle errors were the top cause of claim denials, including eligibility errors and missed prior authorizations. [3] October 25, 2023. 4] The average cost to fight a claim is $43.84. Common Denial Reason Codes in Medical Billing. TechTarget.

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Due

JULY 12, 2024

In 2023, Americans over 60 reported the highest number of cyber crimes, with over 100,000 complaints filed by people in that age group. We know that retirees are more vulnerable to cybersecurity threats. In this article, we will cover eight strategies to help guard against cybersecurity threats and identity theft.

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Abrigo

DECEMBER 27, 2022

Fraud trends for financial institutions to watch for in 2023 Financial institutions should not expect a slowdown of any of 2022’s fraud trends. Be on the lookout in 2023 for the following trends identified by the FBI. No fraud decrease likely for 2023. Current economic indicators do not bode well for fraud stabilization in 2023.

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RMAi Blog

MARCH 31, 2023

On March 23, 2023, Utah Governor Spencer Cox signed into law Senate Bill 127 which amends the state’s data breach notification statutes. The amendments go into effect May 2, 2023.

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Abrigo

JANUARY 4, 2023

Crypto scams to watch for in 2023. According to the FTC, the top ten crypto fraud trends to watch in 2023 are: Investment scams: Investment scams come with "get rich quick" and "no risk" promises, often initiated through social media or online dating apps. Financial Cybersecurity. Top 10 Crypto scams to look for in 2023.

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SAP Credit Management

AUGUST 30, 2023

(Jana Subramanian serves as APJ Principal Cybersecurity Advisor for Cloud Security and a Fellow of Information Privacy (FIP), awarded by the International Association of Privacy Professionals (IAPP). By leveraging the Cyber Fusion Center, SAP is well-equipped to navigate the ever-changing landscape of cybersecurity threats.

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SAP Credit Management

JULY 13, 2023

Singapore based cybersecurity firm, Group IB, reported that between June 2022 and May 2023, more than 101,000 ChatGPT account credentials were stolen by the hackers. For those of you unfamiliar with Cybersecurity jargon, the dark web is a part of the web accessible by special software/tools and users whose activities are not traceable.

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RMAi Blog

FEBRUARY 28, 2023

17, 2023 /PRNewswire/ — FLOCK Specialty Finance announces a strategic investment in technology and human capital related to data-driven insights and innovation. She will oversee automation of operational processes as well as data security and cybersecurity protocols. ATLANTA , Feb.

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Abrigo

MARCH 31, 2023

You might also like this webinar: "CECL implementation FAQs: Progress as 2023 approaches" listen Takeaway 1 The National Credit Union Administration emphasized interest rate, liquidity, and credit risk as main concerns. Some credit unions discussed the expected effects of CECL adoption in 2023 in a separate section of their plans.

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SAP Credit Management

SEPTEMBER 19, 2023

(Jana Subramanian serves as APJ Principal Cybersecurity Advisor for Cloud Security and a Fellow of Information Privacy (FIP), awarded by the International Association of Privacy Professionals (IAPP). Disclaimer © 2023 SAP SE or an SAP affiliate company. All rights reserved.

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SAP Credit Management

FEBRUARY 13, 2023

(Jana Subramanian serves as the APJ Principal Advisor on Cybersecurity and is a Fellow of Information Privacy (FIP) recognized by the International Association of Privacy Professionals (IAPP). Towards this end, SAP has implemented a comprehensive approach to cybersecurity. Disclaimer: © 2023 SAP SE or an SAP affiliate company.

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Onguard

DECEMBER 18, 2024

An earlier study by Allianz unveiled an increase in global DSO by +3 days in 2023 and predicted longer payment terms amid squeezing profitability in 2024. According to the latest Allianz data, 2024 is already going in the books as a record year for insolvencies , with Western Europe leading the rebound in the number of cases.

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Abrigo

JANUARY 27, 2020

Be proactive in cybersecurity controls and implement best practices. . From the Bank Secrecy Act and anti-money laundering (BSA/AML) compliance, cybersecurity, credit risk, the implementation of the new standard for current expected credit losses (CECL), consider these goals for your credit union in 2020. . financial system.

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Due

MARCH 4, 2025

Silicon Valley Bank , for example, collapsed in 2023, while Credit Suisse, an institution with over 160 years of history, received a $54 billion government lifeline in the same year. You should, however, put in place strong cybersecurity measures to protect your accounts and personal information. million in losses.

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FICO Blog

JANUARY 5, 2023

Four 2023 U.S. Open banking, BNPL, cybersecurity and AI will all be under the microscope for regulators and policymakers, but not all areas will see major action in 2023. Thu, 01/05/2023 - 15:45. For those in the financial services industry, 2023 will be the year when U.S. FICO Admin. Tue, 07/02/2019 - 02:45.

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RMAi Blog

FEBRUARY 3, 2023

On January 26, 2023, RMAI submitted comments in response to the Consumer Financial Protection Bureau’s Section 1033 Small Business Regulatory Enforcement Fairness Act Outline of Proposals. RMAI previously submitted comments in response to the Bureau’s Advance Notice of Proposed Rulemaking on the subject.

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SAP Credit Management

JANUARY 31, 2023

(Jana Subramanian serves as the APJ Principal Cybersecurity Advisor for Cloud Security. In this role, Jana supports strategic customer engagements on cybersecurity, data privacy, multi-cloud security integration architecture, contractual assurance, audit, and compliance.) Disclaimer © 2023 SAP SE or an SAP affiliate company.

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Gaviti

FEBRUARY 6, 2023

And with the proliferation of AI and machine learning tools in the digital landscape, 2023 is the perfect time for accounts receivable (AR) teams to examine their processes and find areas for improvement through better technologies, tactics, and process management. Accounts receivable is no exception.

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Abrigo

DECEMBER 22, 2023

The most popular financial crime blogs in 2023 Check fraud, the SAFER Banking Act, and BSA exam topics were among Abrigo's top blogs on AML/CFT and fraud this year. Abrigo, a leading technology provider of software solutions for financial institutions, published more than 30 risk management articles on its industry-focused blog in 2023.

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SAP Credit Management

JULY 30, 2023

Since Jan 2023 to July 2023 approx. Akira ransomware operators claim to have compromised 63 organizations since March 2023. A total of more than 4,100 publicly disclosed data breaches occurred in 2022, resulting in the exposure of approximately 22 billion records. 14 new ransomware groups target organizations worldwide.

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Due

JANUARY 16, 2024

AI Skills Paving the Way to Financial Freedom CNBC named five high-paying occupations in 2023 — and all had an AI angle. From cybersecurity courses to digital marketing offerings, Google Career Certificates offer plenty of variety for mid-stage learners. Leveraged strategically, AI can correct this problem.

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Abrigo

FEBRUARY 22, 2024

Most financial institutions also reported that check forgeries and counterfeits were the fraud schemes that impacted their organizations the most in 2023. Despite this alarming trend, many institutions cite resourcing and the capacity of their fraud team as the main hurdles keeping them from prioritizing check fraud defense.

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Due

AUGUST 15, 2023

See Also: 8 Ways China’s New Cybersecurity Law is Bad News for Businesses Manufacturers, investors, and governments should be alert and adapt to these uncertain circumstances by diversifying their investments, supply chains, and economic policies. Featured Image Credit: Marcus Winker; Unsplash – Thank you!

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Abrigo

FEBRUARY 9, 2024

Treasury Secretary Janet Yellen said in  March 2023 that illicit actors  laundered at least $2.3 The January 2023 alert to financial institutions, Potential U.S. It is no secret that criminals use real estate to clean money derived from illegal proceeds; it’s one of the oldest forms of money laundering. billion through U.S.

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Abrigo

MARCH 24, 2023

Get ready for upcoming exams with this webinar, "AML/CFT hot topics for 2023: Are you prepared?" If the credit union has a history of OFAC violations, the OFAC risk should be classified as elevated and tightened with mitigating factors. You might also like this resource , "BSA examination prep checklist."

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Credit Unions Cybersecurity Credit and Collections Transactions 78

Abrigo

FEBRUARY 8, 2024

The 2023 figures have not yet been released, but they are looking to continue the upward trend. Often, those figures include the victim’s entire life savings. Many of these crimes go unreported due to victim shame and embarrassment, so the total dollars lost is most likely much higher. gov or calling 1-800-CALL-FBI (225-5324).

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Due

OCTOBER 17, 2024

But in today’s environment of data breaches and cybersecurity incidents , like the 2023 biggest hack of the year, the MOVEit hack , governments are imposing tougher data privacy and cybersecurity laws. The global startup ecosystem has shifted from B2C to B2B in recent years.

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Cybersecurity 52

Abrigo

JANUARY 30, 2024

Consistently rated a top industry event by attendees, ThinkBIG brought together 650 people from banks, credit unions, and partners in 2023. Attendees staying at the resort can take advantage of two world-class golf courses, tennis or pickleball, or escape to the Tierra Luna Spa, a Forbes 2023 four-star Spa Award Winner.

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Abrigo

JANUARY 3, 2024

Takeaway 2 A December 2023 final rule establishes guidelines for who may access BOI and for what purposes. The second FinCEN rule describing changes to reporting on ownership is the Beneficial Ownership Information Access and Safeguards Final Rule , which was issued in December 2023.

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Credit Unions Cybersecurity 88

Waystar

APRIL 15, 2024

In the wake of February’s cybersecurity attack , costly disruptions in healthcare payment operations affected healthcare organizations across the U.S. 2023 Make the switch The post Waystar’s Accelerated Implementation Program: Success stories, metrics + more appeared first on Waystar. Talk about phenomenal client service!

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Abrigo

NOVEMBER 17, 2023

billion to fraud in 2022, a 44% increase over the prior year and a trend that has continued into 2023. According to the Federal Trade Commission (FTC), consumers lost $8.8 That equates to $35 billion annually. Find out how BAM+ stops fraud scams.

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Due

FEBRUARY 21, 2023

Cybersecurity breaches are particularly devastating when they involve your hard-earned money. In February 2023, for example, a man lost over $20,000 after a data breach at Medibank, and Optus leaked his personal information on the dark web. However, the rise in digital finance management makes customers more vulnerable to hacking.

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Due

FEBRUARY 21, 2023

Cybersecurity breaches are particularly devastating when they involve your hard-earned money. In February 2023, for example, a man lost over $20,000 after a data breach at Medibank, and Optus leaked his personal information on the dark web. However, the rise in digital finance management makes customers more vulnerable to hacking.

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Cybersecurity Credit and Collections 52

Biz2X

OCTOBER 8, 2024

Lenders must be sure to consider data privacy when using AI by investing in enhanced cybersecurity methods. Conclusion As small business owners wrap up 2023 and prepare for the 2024 income tax season, this is the perfect time to engage them proactively with targeted financing options.

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Abrigo

JANUARY 24, 2024

For example, an ATM scheme that operated through July 2023 targeted credit unions in six states, stealing nearly $6 million. Fraudsters can try to push through fraudulent transactions at any time, so fraud detection, processes, and controls must be in place to act quickly at all times. million stolen.

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Credit Unions Credit and Collections Transactions Cybersecurity 88

Due

MARCH 6, 2024

During the 2023 event, 15,000 people attended, 420 speakers spoke, 610 media outlets covered the event, and 216 sponsors were involved. Amid increasing threats, how can proactive cybersecurity be provided? It will also discuss cybersecurity, equity market structure regulation, and digital assets.

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Biz2X

JUNE 9, 2023

The need for digital transformation was heightened by the 2023 news of the Silicon Valley Bank (SVB) collapse. Top Business Banking Trends for 2023 Challenges and considerations Aside from customer concerns about digital security, there are still some challenges financial institutions face when offering digital account opening options.

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