Bluefin’s PCI-validated point-to-point encryption (P2PE) solution provides the highest level of payment security for Waystar clients
ATLANTA and LOUISVILLE – July 12th, 2022 – Bluefin, the recognized integrated payments leader in encryption and tokenization technologies that protect payments and sensitive data, and Waystar, a leading provider of healthcare payments software, have partnered to provide Bluefin’s PCI-validated point-to-point encryption (P2PE) solution and payment gateway through Waystar’s software.
Healthcare data breaches hit an all-time high in 2021 – tripling compared to 2018 and impacting 45 million patients – and healthcare organizations are focused more than ever on increasing payment and data security.
To advance the industry’s ability to meet growing cybersecurity challenges, the combined solution will provide Bluefin’s integrated payment processing with PCI-validated P2PE through Waystar’s HITRUST-certified healthcare payments platform, ensuring complete data security across all points of the patient financial experience, from patient access to key revenue cycle areas, like central business offices.
Bluefin’s PCI-validated P2PE solutions immediately encrypt payment data upon tap, dip, swipe, or key entry in a P2PE certified device, with encryption being done outside of the healthcare environment by Bluefin. Benefits include reduced PCI compliance scope, cost savings and protection of the healthcare brand.
“We have always been committed to safeguarding the privacy of payment information for providers and patients,” said Matt Hawkins, CEO, Waystar. “When data and payments are secure, providers are able to focus on what matters most – caring for their patients and communities.”
Named a 2022 Fortress Cyber Security award winner in the data protection category, Bluefin provides their payment and data security technologies as integrated and stand-alone solutions. The company’s PayConex™ payment gateway includes PCI-validated P2PE for point-of-sale payments and their ShieldConex® data security platform for the vaultless tokenization of Personally Identifiable Information (PII), Protected Health Information (PHI), financial information, and automatic clearing house (ACH) account data entered online.
“In an industry where security breaches and ransomware attacks are rising, payment protection is non-negotiable,” said John M. Perry, Bluefin CEO. “Our PayConex gateway ensures that all payments across Waystar’s platforms are backed by the gold standard of payment security, PCI-validated P2PE. We applaud Waystar for leading healthcare payment cybersecurity and implementing this solution to secure the data of providers and their patients.”
About Bluefin
Bluefin is the recognized integrated payments leader in encryption and tokenization technologies that protect payments and sensitive data. The company’s 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 200 global partners serve 20,000 enterprise and software clients operating in 47 countries. For more information, visit www.bluefin.com
About Waystar
Waystar’s mission-critical software is purpose-built to simplify healthcare payments so providers can prioritize patient care and optimize their financial performance. Waystar serves approximately 30,000 clients, representing over a million distinct providers, including 18 of 22 institutions on the U.S. News Best Hospitals list. Waystar’s enterprise-grade platform annually processes over 4 billion healthcare payment transactions, including over $900 billion in gross claims and spanning approximately 50% of U.S. patients. Waystar strives to transform healthcare payments so providers can focus on what matters most: their patients and communities. Discover the way forward at waystar.com.
PRESS CONTACTS:
Danielle Duclos
SVP, Marketing
Bluefin
800-675-6573
press@bluefin.com
Quiana Pinckney
VP, Corporate Communications
Waystar