Optal is a London-based company and Europe’s seventh fastest growing company. We are the only FinTech specialist ranked in the Top 10 of the new FT1000 list, and rated as one of the 1,000 most inspirational companies in Britain by the London Stock Exchange Group. As a strategic partner of Mastercard, we process in excess of $10bn in payments globally, providing end-to-end B2B payments services for multiple sectors.
Optal’s effortless, secure payments process enables highly efficient supplier payments anywhere in the world, using Virtual Account Numbers (VANs). These automatically generated, single-use 16-digit account numbers are safe, secure and convenient. They’re also the cornerstone to the numerous financial benefits our digital payment platform delivers.
This guide highlights how insurers can leverage automation tools to minimise their operational costs, improve the customer experience and maximise profits.
B2B payments are a key part of any business, but until now the sector has been relatively untouched by innovation. This blog highlights why it’s time for insurers to look at alternative payment methods to ensure their suppliers are paid quickly, easily, accurately and on time, every time.
For many insurers cheques are still a key part of the B2B payments process, yet the truth is that this venerable payment mechanism is past its sell-by date. This article highlights why insurance bosses need to invest in replacing this outdated process with innovative new platforms.
Against a backdrop of uncertainty, this eGuide focuses on why businesses need to find alternative payment methods today. Topics covered include the essential requirements of payment alternatives, how CFOs can tackle supplier payment challenges and create smart working capital.
Businesses need a radical rethink when it comes to something that should be simple: their payments processes. This content looks at how Virtual Account Numbers (VANs) allow businesses to gain immediate buyer and supplier control, while removing friction from the payments process.
This content features four stories that demonstrate how Virtual Account Numbers (VANs) eliminate some of the biggest frustrations in B2B payments for four different user groups: insurance customers; Data Protection Officers; suppliers; online marketplaces.
Insurers are facing a number of challenges, forcing them to do more with less. Digital transformation is key but stops at claims payments, however this is set to change. Watch this video to find out how insurers can digitise the end of the claims journey by optimising processes.
Like many organisations, insurers are getting a raw deal when it comes to B2B payments. This whitepaper looks at why inefficient B2B payment processes are holding back insurers from achieving profitability and why it’s time for the industry to turn a cost centre into a revenue stream.
In the quest to reduce costs and become more efficient through digital technologies, supplier payments is an area often overlooked within insurance. This guide highlights three reasons why global insurers are choosing Optal to optimise their payment processes and strip out hidden inefficiencies.
The Data Security or Data Protection Officer is an increasingly vital role within the insurance sector, especially following the implementation of GDPR. This short guide highlights how Optal’s Virtual Account Numbers (VANs) can be used by insurers to mitigate the risks of a data breach occurring.