Month: February 2018

Check fraud prevention

The End of Free Checking as We Know It?

February 27, 2018

You’ve probably seen the headlines: Bank of America ends free checking option, causing customer uproar Bank of America Is Eliminating a Popular Free Checking Account A major bank eliminates free checking – – a blow to the lower income consumer who depends on checks and checking accounts, right?  Would it spur industry-wide changes, similar to…

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Trump’s 2019 Budget: 15 Healthcare Takeaways

February 23, 2018

No matter which side of the aisle you reside, healthcare professionals are looking at a mixed bag of good, bad, and indifferent in the budget blueprint put forward by the administration. Becker’s Hospital CFO Report has an analysis of healthcare impacts in the proposed budget. Here’s the list; visit their site for insights and see…

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“The Future of Payments – Get Ready for a Wild Ride”

February 22, 2018

Let’s get crazy!  OK, maybe a podcast from BAI Banking Strategies isn’t crazy, crazy, but if you are into payments, this could be the best 10-15 minutes of the year! Managing editor Lou Carlozo speaks with Tommy Marshal, FinTech Lead for North America at Accenture about their new payments report entitled Driving the Future of Payments: 10 Mega…

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“I just wait for the letter from the collection agency — then I know I should pay.”

February 16, 2018

David Krause, Vice President of the Business Improvement Group at Anthem, knows the medical billing system in America is broken because he’s heard variations of the following too many times: “I just wait for the letter from the collection agency — then I know I should pay.” Consumers don’t get the care they need, rises…

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OrboGraph Highlighted in “Top 10 Artificial Intelligence (AI) Solution Providers to Watch in 2018” by The TECHNOLOGY HEADLINES

February 14, 2018

Check and healthcare payments ripe for adoption of new technologies. Billerica, MA, February 15, 2018 – OrboGraph, a premier developer and supplier of intelligent electronic and paper automation leveraging recognition technologies, image validation and check fraud detection for the U.S. check processing and healthcare revenue cycle markets, was recently highlighted in the February edition of The…

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Now Checks Are Causing Hardships?

February 14, 2018

The “death” of the check is still way behind schedule, according to many organizations that predicted the end of paper checks many years ago. We keep reporting that checks are still popular when they were supposed to have been dwindling years ago. (That’s the boring part of the post) The latest installment in PYMNTS’ Kill…

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OrboGraph Embraces AI

February 7, 2018

THE TECHNOLOGY HEADLINES features an article examining OrboGraph’s utilization of AI technologies and the effect it’s had the check and healthcare lines of the business. With OrboGraph’s main focus on automating payments, the company looks at AI as a means to improve efficiencies into the entire payment mix and to facilitate electronification of payments, which ultimately…

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Report: Big Revenue Cycle Investments for Services Ahead

February 2, 2018

A new report from Future Market Insights has predicted that the global market for healthcare revenue cycle management software will reach $ 43.3 billion by the end of 2022. The global healthcare revenue cycle management software market is projected to soar at a compound annual growth rate of 6.9 percent during the 2017-2022 forecast period. Healthcare IT News analyzes…

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