Archive for July 2012

4 Quick Tips to Help Merchant and Commercial Accounts Identify Check Fraud

Every business fears the potential losses associated with accepting counterfeit and forged checks. Although banks lose an estimated 893M per year in check fraud, the untold story of losses at the merchant/business location is more dramatic. Industry consultants have estimated these losses can be as high as $10B per year!

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Will Your Payment Solutions Be Ready for the Affordable Care Act?

The Patient Protection and Affordable Care Act, also known as Obamacare, has been ruled constitutional by the Supreme Court of the United States. Even if the President loses the upcoming election, it is unlikely that the country will allow for the repeal of this new healthcare law. Under the law, as many as 35 million uninsured Americans will join the millions of those who do have health insurance. This means that insurance companies and healthcare providers of every kind and size will have to deal with great numbers of the newly insured.

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Envision More out of your Branch and Teller Image Capture

Mediocrity vs. excellence. It’s the dilemma which many financial institutions (FI) face when they implement a new system. But why are we speaking about mediocrity when the expectations for a new system is excellence? Because many times FI’s do not have processes in place to ensure success, do not hold their employees accountable and/or accept mediocre results from their vendors.

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Technology Message from Our CTO

I must state that innovation in check processing is alive and well! With all the press regarding declining volumes, “checks going away” and industry consolidation, we see a very strong interest from our customer base for the following…

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Greetings to the OrboNation!

What is the OrboNation? The OrboNation is a virtual gathering of payment processing and healthcare professionals who share an interest in industry advancements in…

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