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Check out our reservoir of information related to check recognition and healthcare payment technologies. We frequently update this section with the latest news, trends, and analysis of the banking and healthcare industries.

Reg CC

Compilation of resources to help you navigate Reg CC

Platform Modernization

Both the financial and healthcare industries are undergoing modernization initiatives in check payments and remittance.  See how OrboGraph is using AI, self-learning and deep learning models to drive innovation in these industries to deliver workflow automation.

Healthcare Payments

OrboAccess automates remittance and payment posting as well as enables full research and business intelligence analysis for RCM companies, clearinghouses, billers, and providers.

Check Processing

OrboAnywhere automates paper originated payments (i.e. checks, money orders, drafts) and remittances for balancing and posting while reducing risk and losses in the areas of check fraud, payment negotiability and compliance.

What_Will_Banking_Look_Like_in_Five_Years__-_American_BankerRecipients of the 2016 FinTech Forward awards discuss how evolving technology will reshape banking in the next five years.

Some of the key takeaways:

  • Data, data, data. Huge value in data analytics for those who efficiently gather it.
  • It will be crucial to respond to the shift occurring in the next five years toward “banking where and when I want it.”
  • Technology is providing greater options and choices – – and therefor greater customer expectations – – will have to be developed and nurtured.
  • More digital self-service in the future – – but branches will still continue to grow.

Watch the video on the American Banker site.

Note that these viewpoints are pretty practical. No one is really predicting a complete redo of financial services. Perhaps they are missing a few key elements related to how the millennials are going to bank? Also, are the soundbites meant to support a cohesive banking industry? Either way, it’s not a radicalization in banking — its building and diversifying for a more ubiquitous deliverable.

OrboGraph supports this position, and has built a product strategy with a similar foundation. Take OrboAnywhere, for example; building on the foundation of recognition technologies, then enriching those technologies to be applied toward payment negotiability, fraud prevention, and compliance!

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