May 11, 2023
AI & Machine Learning: Driving Automation & Resiliency for Banks & Customers
Innovating Payments: Automation and Fraud Detection
Financial institutions need continued innovation to stay ahead of the modernizing banking ecosystem. The OrboAnywhere platform utilizes OrbNet AI -- Artificial Neural Networks (ANN) based on deep learning models -- to increase read rates of over 99%+ on checks -- achieving true automation in check processing.
AI-based innovations in field detection, classification, and fraud scoring has enhanced check fraud detection capabilities. OrbNet Forensic AI technology delivers 95%+ detection rates on targeted use cases.
4000+
End-User Clients Impacted by OrboGraph Software.
99%+
Targeted read rate on checks using OrbNet AI technology.
$5.8 Billion
Total fraud losses in 2021 for American consumers -- according to the FTC.
Altered Checks
Hottest check fraud trend according members of Check Fraud Roundtable.