ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Bluefin Announces Secure Multi Processor Support for FSA and HSA Card Payments

Bluefin, a leader in PCI-validated encryption and tokenization technologies that protect payments and sensitive data, today announced that the PayConex™ Omnichannel Gateway has expanded the processing of Flexible Spending Account (FSA) and Health Savings Account (HSA) payments across multiple payment processors including Elavon, Fiserv, Chase and WorldPay.

PCI-validated point-to-point encryption (P2PE) reduces a customer’s PCI DSS compliance burden by more than 70% and PCI control scope reduction at the point-of-sale environment by more than 90%. The PayConex solution is fully compliant with the Special Interest Group for IIAS Standards (SIGIS) for acceptance of health benefit card payment transactions in accordance with government regulations.

According to Kevin Sisler, Director of Treasury Services at University of Kentucky, “Bluefin has been a partner that has always helped us evolve our payments strategy, and the flexibility to add additional FSA/HSA processing support is important to better serve the University employees and UK Healthcare patients.”

“Many healthcare organizations look to Bluefin to protect their healthcare credit card payments and patient data through our PCI-validated P2PE and tokenization solutions,” said Tim Barnett, Chief Information Officer at Bluefin. “By expanding FSA and HSA card payments across multiple processors, Bluefin is able to meet the needs of healthcare organizations that are seeking the flexibility and efficiencies that a multi-processor approach can deliver.”

In addition to processing healthcare payments through PayConex, Bluefin also processes real-time credit card and bank ACH payments through MyChart powered by Epic. With Bluefin’s direct integration, healthcare organizations can accept payments quickly and securely through MyChart without keeping card information exposed and reducing their PCI scope.

About Bluefin

Bluefin is the recognized integrated payments leader in encryption and tokenization technologies that protect payments and sensitive data. Our product suite includes solutions for contactless, face-to-face, call center, mobile, Ecommerce and unattended payments and data in the healthcare, higher education, government and nonprofit industries. The company’s 300 global partners serve 35,000 connected enterprise and software clients operating in 60 countries. Bluefin is a Participating Organization (PO) of the PCI Security Standards Council (SSC) and is headquartered in Atlanta.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.