Report: FDIC-Insured Institutions Earn $40.8 Billion in Fourth Quarter 2015

May 20, 2016 / 0 Comments

End of the physical bank branch? Not at this rate!

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OrboAnywhere Launches with BAI Innovation Showcase (Video)

April 27, 2016 / 0 Comments

I really enjoy gatherings like last month’s BAI Payments Connect Conference because they provide an opportunity to re-engage colleagues interested in new technologies around “the check”… now, where else can you find that???

This year’s event was especially gratifying because Orbograph used the occasion to launch the new OrboAnywhere™ solution…and they recorded my presentation to create a video!

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On Second Thought…. Checks – We Love 'Em!

April 22, 2016 / 0 Comments

In the interest of equal time – Checks? We love ’em!

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Kill the Check? "Kill the Check!" Says electronic payment advocate…

April 19, 2016 / 0 Comments

“Just because checks have existed since at least 13th century Venice and 19 billion of them were used to pay people and businesses in the U.S. last year doesn’t mean that we should keep them alive. We, as a country, somehow mustered up the courage to move past the horse-and-buggy and 8-track tapes – I think we can dig deep and find it within ourselves as a payments ecosystem to kill the check.”

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The Paper Check is Dead; Long Live the Paper Check

April 12, 2016 / 0 Comments

Snapcheck founder Ken Kruszka describes describes the continuing popularity of the paper check as “ludicrous,” but contends that they have their advantages.

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2015 Top 5 Payment Trends Are Actually Happening …

March 24, 2016 / 0 Comments

What were the top five payment trends according to BAI’s 2015 Payments Connect Publication?

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The Growing Value Proposition Around Mobile Deposit

March 17, 2016 / 0 Comments

Our friends at RemoteDepositCapture.com completed a new poll on mobile RDC and found that among those participating in their survey, 28% put the value of mobile remote deposit capture (mRDC) at up to $1.00 per transaction, and just 3% said using mRDC is of no value to them.

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Remote Deposit Capture Leveraged to Address the "Underserved"

March 15, 2016 / 0 Comments

Fifth Third Bancorporation is deploying Remote Deposit Capture to attract new customers from the ranks of un- and underbanked Americans, collectively known as financially underserved.

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The Readability Challenge: New Software Breakthroughs Virtually Eliminate Exceptions

March 7, 2016 / 0 Comments

One of the biggest hurdles in maintaining self-serve devices — ATMs, Remote Deposit Capture (RDC), and kiosks, to name a few — is ensuring that any negotiable item is converted and deposited correctly. Money orders are often the worst offenders, but there are still many checks with poor dropout features. Additionally, low-end scanners are more prone to poor images and MICR rejects due to cheaper imaging components.

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Stay on Target: Spider-Man and the Omnichannel

February 11, 2016 / 0 Comments

We’ve been talking about the Omnichannel quite a bit, both in the OrboNation blogs and around the Orbograph offices. It’s an important topic for financial institutions and retailers alike.

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