Why Every Claims Team Needs API Access (Even If They're Not Technical)
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Customer Support in Payouts Statistics — 41 Critical Facts Every Finance Professional Should Know in 2025
Comprehensive data compiled from extensive research on payment processing and financial services customer support Key Takeaways * Your customer support is your competitive advantage — With 87% of customers considering customer service vital when choosing fintech providers, exceptional support isn't optional—it's business-critical * Speed expectations have dramatically compressed
Claims Payout Statistics 2024-2025: 37 Key Points Revealing Massive Inefficiencies in Traditional Payment Systems
Comprehensive data compiled from extensive research on global payment processing and claims settlement inefficiencies Key Takeaways * Traditional payment systems are hemorrhaging money through inefficiencies — Up to $170 billion in global insurance premiums at risk by 2027 due to poor claims experiences, with $32 billion lost annually to administrative inefficiencies * Healthcare
Claims Reconciliation Statistics — 24 Critical Facts Transforming Payment Processing in 2025
Comprehensive data revealing the massive inefficiencies in manual reconciliation and the transformative potential of digital disbursements Key Takeaways * Your reconciliation struggles are shared across the industry — With 58% of companies still manually reconciling accounts and processing taking up to 2 hours per payment rail, your challenges reflect widespread systemic inefficiencies
17 Settlement Claimant Satisfaction Metrics Every Administrator Should Track
Comprehensive data compiled from extensive research on legal technology transformation and payment innovation Key Takeaways * Digital adoption is now mainstream — 92% of consumers have used digital payments, with over 90% preferring alternatives to traditional checks for bill payments * Processing speed creates competitive advantage — 80% of ACH payments settle within one