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AI Innovation

Both the financial and healthcare industries are undergoing an AI evolution. Review our vision for Artificial Neural Networks (ANN) and deep learning targeting these industries.

AI-Based Check Automation

Check recognition & fraud detection are the most important components in today's check processing and omni-channel capture. Learn how OrboAnywhere using OrbNet AI technology reduces costs and mitigates risk.

AI-Based Healthcare Electronification

OrboAccess, powered by OrbNet AI, provides electronification to remits and payments, enabling RCM companies to automate posting, improve research, and deliver business intelligence

About Us

Celebrating 25 years of innovation, OrboGraph has transformed into an AI company delivering targeted automation solutions to the banking and healthcare industries.

Resources

From news and events to case studies, trends, and videos, this section provides a range of information resources for payment automation in the banking and healthcare industries.

Blogs

OrboGraph produces four blog series on a weekly basis covering topics from check processing, fraud prevention, AI technologies, RCM, and healthcare electronification. Select one the blog to the right. We hope you enjoy!

Anywhere Fraud

Image analysis, coupled with transaction analysis, detects counterfeit, forged, and altered checks to reduce on-us and deposit fraud. 

Anywhere Fraud

On-us and deposit fraud generated from check payments has become a focus of the financial industry. 2018 delivered a major spike in both check fraud attempts and losses, as the ABA Deposit Account Fraud Survey from the American Bankers Association estimated 2018 overall check fraud attempts at $15.1B and losses at $1.3 billion…illustrating a major issue with counterfeit checks, forged checks, and altered check fraud.

 

There were many market factors behind this dramatic increase in fraud attempts and losses including:

 

  • The deployment of EMV, which refocused fraudsters on check payments.
  • The expansion of mobile and RDC deposits with higher deposit limits.
  • Check fraud systems deployed which rely on dated data analytics, without verifying image attributes.
  • A focus on real-time and electronic payments with less emphasis on check payments.

 

There is one solution which can combat this trend; integrated image analysis for check fraud detection.

Integrated Image Analysis

Anywhere Fraud applies image analysis (automated signature verification, check stock validation, alteration detection) with optional transaction analysis (highly targeted data analytics) to on-us and transit checks for detection and identification of counterfeit checks, forged checks, and altered checks in real-time or batch processing.

 

In dealing with fraud prevention, low suspect rates (false positives) blended with high detection rates (false negatives) are the most critical objectives for an optimized system.

 

Want to learn more?

Anywhere Fraud Brochure

Large Financial Institution Performance with Image Analysis

Items Processed with Image Analysis

0

Total On-us Check Volume
Fraud Items Reviewed by Large Financial Institution

0%

237,290 Items
Ratio of Fraud Returns to Items Reviewed

0%

1 Return to 58 Items Reviewed
Fraud Items Not Detected by Image Analysis

0

Achievements: Exceeding Six Sigma Levels

101 in 30M items = 3 per Million

six sigma

Six Sigma: 3.4 defects per Million

Analyzers

Licensing options are available for image and/or transaction analysis. Individual analyzers are listed below:

Image Analysis (On-Us or Transit)

  • ASV: Automated Signature Verification
  • CSV: Check Stock Validation
  • Alteration Detection
  • Account Profiling
  • Signature Presence Detection
  • Two Signatures Required
  • Fraudulent Image Matching
  • ASV on Deposit Tickets
  • New Account Identification
  • Closed Account Identification
  • Inactive Account Identification
  • Watch List
  • Dormant Account
  • Real-Time Interface

Transaction Analysis (On-Us Only)

  • Serial Out of Range with multiple account holders
  • Amount Out of Range
  • Duplicate Detection
  • Amount Thresholding
  • New Account Identification
  • Closed Account Identification
  • Inactive Account Identification
  • Watch List
  • Dormant Account
  • Real-Time Interface
Anywhere_Fraud_User_Guide_v4.0_Final_April_2020_Page_01

Additional Features

  • Individual analyzer scoring is available for optimal tuning and threshold management. Complements existing rule-based systems as well.
  • Match to known fraudulent images which were previously confirmed by a fraud analyst.
  • Profiling of multiple R&T on-us numbers and transit R&Ts: prevents a wide range of on-us and deposit fraud use cases
  • Real-time interface from any deposit/capture channel across the omnichannel: delivers instantaneous fraud detection across traditional and self service workflows
  • ASV on deposit tickets: matches signatures on tickets to customer profiled signatures

 

Anywhere Fraud is built on the foundation of targeted analyzers performed on an account level.  These account profiles leverage self learning algorithms to adapt to the image and transactional characteristics of each account. The system builds a history of image snippets and transactional data of check writers for batch or real-time fraud detection capabilities.

Copying check

Targeted Deployment

Existing or new check processing business partners, service bureaus, and financial institutions can implement Anywhere Fraud via a batch or real-time web services interface. Additionally, a file import process with “landing zone” approach can be deployed if programming resources are not available.

This flexibility allows Anywhere Fraud to be deployed into any traditional or self-service check processing workflow including Inclearings, teller image capture, branch image capture, ATM, mobile RDC or RDC.  So depending on the fraud use cases, the system is optimized around the requirements of the environment.

Note that either an existing suspect review platform or the check capture system is utilized to review suspected fraud items along with companion images delivered by Anywhere Fraud.  This consolidated review workflow is very efficient as it does not create additional overhead or system administration.

Anywhere Reco Gif

Business Case Fraud Detection Benefits

  • On-us checks (Inclearings, over-the-counter, and self service channels)
  • Counterfeit transit checks
  • On-us check cashing
  • Transit check cashing
  • Protect on-us customers from fraudulent events
  • Improved interbank check clearing by replicating loss prevention practices
  • Reduction of false positives to streamline suspect review process
  • Improve overall check fraud detection

Payment Risk and Fraud Loss Prevention Survey

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