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How Can Payment Gateway Providers Support Small Banks
As technology continues to reshape how we handle transactions, more financial institutions are adopting advanced...
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Insurance
Top 5 Payment Trends Revolutionizing the Insurance Industry
The U.S. is home to the world’s largest insurance companies, generating billions of dollars in revenue. As the digital...
How Can Recurring Payments Build Stability for Insurance Providers?
Recurring payments have changed how billings are made in every industry. Thanks to the changing customer preferences, ...
What Benefits Do ACH Payments Offer to The Insurance Industry?
According to Deloitte’s 2023 insurance industry outlook report, most insurance carriers have greatly benefited from the...
Summarizing Key Takeaways From InsureTech Connect (ITC) Vegas 2023
Attending and presenting at key industry events is one of the best ways the iCG Pay (formerly iCheckGateway.com) team...
Our Favorite List of Tricks Insurtech Companies Use to Win Big Deals
Insurtech companies create software and platforms for insurance companies. They are modern-day fintech (financial...
How Do B2B Technology Partnerships Help Insurance Software Providers Win Big Deals?
According to a report by Technavio, the insurance software market will grow by $7.29 billion by 2025 at a Compound...
Comprehensive Guide on Digital Payments for Insurance Bill Collection
Studies show over 5,900 insurance companies exist in the U.S. Moreover, nearly 415,446 Insurance Brokers & Agencies...
How to Collect Medical Bills If a Customer’s Card is Not Present?
The dependence on digital payment technologies increased significantly in the post-COVID era. Recent studies by the...
Suggested Blogs
Important Check 21 Return Codes (With Details)
“Here is your PRD printout with the check 21 return code. We are sorry we need to halt this check processing,” the teller...
Pending ACH Transaction? Here’s what to do!
“What is this? A pending ACH transaction? What does it even mean? Why can’t I access the funds right now! Does this mean...
Complete List of ACH Notification of Change (NOC) Codes
“You made a mistake this time around. But don’t worry, I know it was not intentional. Therefore, this time I got your back....
Rejected ACH Transaction? Here’s What to Do!
A rejected ACH transaction is common for business owners who process hundreds of transfers every day. Understanding why a...
5 Tips to Prevent Returned Mobile ACH Payments
“Are you kidding me? Another returned mobile ACH payments notification? I am so sick of these notifications! I don’t even...
List of 20 ACH Payment Gateway (SEC) Codes for Banks
In the previous blog on ACH Payment Gateway SEC Codes, we answered the following questions: What are ACH Standard Entry...
ABCs of Third-Party Service Providers and Nested Third-Party Senders
In the previous blog, we discussed the roles and responsibilities of a third-party sender. We understood how funds flow...
What are P2P ACH Transactions?
The world of P2P ACH transactions is expanding to a whole different level. The year-on-year growth for the use of ACH...
Bank-Owned vs. Third-Party Payment Processing: What’s the Difference?
The demand for payment processing solutions is on the rise. The market size is projected to grow to $116 billion by 2027, up...
What Are the Best Fraud Prevention Strategies for Credit Unions?
Credit unions are particularly vulnerable to fraud. According to the Voice Intelligence & Security Report, credit union...
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Pending ACH Transaction? Here’s what to do!
“What is this? A pending ACH transaction? What does it even mean? Why can’t I access the funds...
Complete List of ACH Notification of Change (NOC) Codes
“You made a mistake this time around. But don’t worry, I know it was not intentional. Therefore,...
Rejected ACH Transaction? Here’s What to Do!
A rejected ACH transaction is common for business owners who process hundreds of transfers every...