News & Announcements

TransFirst® and PatientPay Announce Sales Partnership

09.1.2015 in #Press

Sept. 1, 2015 SOURCE TransFirst, LLC HAUPPAUGE, New York, Sept. 1, 2015 /PRNewswire/ -- TransFirst®, a leading provider of electronic transaction processing services, has formed a strategic sales partnership with PatientPay, an online practice management and payment technology for healthcare practices. TransFirst will provide payment processing solutions that will integrate with the PCI-compliant PatientPay technology, creating a seamless online payment experience for providers to offer their patients. The collection of patient receivables is one of the most often cited issues currently facing healthcare providers. According to industry analysts, patients' out-of-pocket healthcare expenses are expected to reach more than $1 trillion in the coming years, as fee-for-service insurance reimbursement to physicians transitions to more value-based models and high-deductible health insurance plans become more commonplace. In order to collect the increasing amount of payments for which their patients are responsible, practices must expend increasing amounts of time and money to avoid write-offs. The combined TransFirst and PatientPay ...

Bitcoin Technology Piques Interest on Wall St.

08.28.2015 in #News

AUGUST 28, 2015 By NATHANIEL POPPER Most people still think of Bitcoin as the virtual currency used by drug dealers and shadowy hackers looking to evade the authorities. But the innovations that helped turn Bitcoin into the most popular virtual currency are now being viewed as a potentially enormous disruptive force for several industries, including accounting, music and law. Nowhere, though, are more money and resources being spent on the technology than on Wall Street — the very industry that Bitcoin was created to circumvent. “There is so much pull and interest on this right now,” said Derek White, the chief digital officer at Barclays, the British global bank, which has a team of employees working on about 20 experiments that explore how the technology underlying Bitcoin might change finance. “That comes from a recognition that, ‘Wow, we can use this to change the fundamental model of how we operate to create our ...

NAHL partners with Hopscotch to be official mobile app provider

08.18.2015 in #Press

AUGUST 18, 2015 The North American Hockey League (NAHL) has announced that it has selected Hopscotch to be the official mobile app provider to the NAHL, NA3HL, NA3EHL and NAPHL.  With this partnership, Hopscotch will develop league-wide and individual team mobile applications for the NAHL and its affiliates. Hopscotch is in the process of developing league-wide apps for the NAHL, NA3HL, NA3EHL and NAPHL, which will provide an additional outlet for fans to stay connected with league happenings including updated scores and schedule on game nights, breaking news, team listing and how to watch the games live. “More and more people get their information from their mobile phones and devices and we felt this was an additional way for them to stay connected with the league and its member clubs. We’re convinced that a mobile app is an additional and effective way to engage them and create deep, valuable relationships ...

Portland’s CashStar raises $15 million in capital to fuel growth

08.5.2015 in #Press

The pioneer in the digital gift-card industry needs to hire up to 50 more people to handle new work and expand client services. August 5 BY WHIT RICHARDSON STAFF WRITER For CashStar, the Portland-based pioneer in the digital gift-card industry, has raised $15 million that will allow it to hire more people and continue to grow its business. The company, which moved into new larger offices on Pearl Street last year, provides digital gift cards and incentive programs to a wide array of high-profile national retail businesses, including Starbucks, Banana Republic and Williams-Sonoma. It currently employs roughly 125 people, the vast majority of whom are located in the company’s Portland headquarters, said Ben Kaplan, CashStar’s CEO. The fresh infusion of $15 million in venture capital, which brings the total raised to $50 million since its 2007 launch, will allow the company to invest in product development and client services, Kaplan said. When it ...

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