Resources

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.

2019 Client Conference

May 20-21, 2019
Charlotte Marriott City Center

Industry Videos

News and trends for the banking and healthcare industries

White Papers

OrboGraph’s thought leadership and original research

News

News and updates from OrboGraph

Product Videos

Watch our 2-minute videos to learn about our products

Partners

View our list of partners or become one yourself

Events

See where OrboGraph will be next

Brochures

Download additional information on your products and services

Reg CC

Compilation of resources to help you navigate Reg CC

Testimonials

Hear what our clients and partners have to say about OrboGraph

Webinars

Learn more from OrboGraph and Industry Leaders

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.

Platform Modernization

Modernizing payments in the banking and healthcare industries

AI, Self Learning & Deep Learning Technologies

Optimized AI and deep learning models for the automation of check processing and healthcare posting

Operationalizing AI & Self Learning in Checks

Revolutionizing check processing and fraud prevention for the banking industry

Delivering Healthcare Payment Electronification

Increased accuracy levels, decreased error rate for healthcare payments posting

Product Videos

See how each product/service module of OrboAnywhere and OrboAccess delivers value from our check and healthcare payment platforms

Corporate Video & Podcast

See and hear how OrboGraph incorporates AI, deep learning and self learning technologies into its product suite

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.

Access EOB Conversion

Delivers EOB/EOP electronification with information intelligence via AI and deep learning technologies

Access Correspondence Letters

Extracts posting data and tracks reimbursement progress via workflow management

Access Payment Reconciliation

Streamlines the reconciliation process of ERA, ACH, EOB and checks

Access Patient Payments

Automates patient payments for posting

Access Denial Intelligence

Spotlights trends in denials to reduce receivables via prevention

Healthcare Payments Automation Center

Scalable, reliable, flexible cloud-based hosted data center on Amazon Web Services (AWS)

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.

Anywhere Fraud

Transaction and image analysis for on-us and deposit fraud detection of counterfeits, forgeries, and alterations.

Anywhere Recognition

Divergent multi-engine CAR/LAR, ICR, OCR & AI check recognition for the Omnichannel

Anywhere Validate

Validate payment negotiability of paper originated items

Anywhere Payee

Match, read, and validate payees for risk and operational workflows

Anywhere Positive Pay

Payee name verification of business checks using issue files

Anywhere Compliance

Mitigate risk in check payments for OFAC, BSA/AML, UCC, Reg CC, and KYC

Restrictive Endorsement

Automatic validation of restrictive, mobile and non-restrictive endorsements

Traditional Products

Based on the Accura XV platform

Banks Lose $2.92 per Defrauded Dollar

Is it important for financial institutions to deploy the best possible tools to fight fraud?

Consider this: According to LexisNexis Risk Solutions in its 2018 True Cost of Fraud study for the financial-services sector, for every dollar of fraud a financial institution absorbs, it drains an additional $2.92 in associated costs — that’s up 9% from $2.67 in 2017.

Just as corporate clients are seeing fraud on the upswing, banks are finding it more and more important to clamp down, according to a new Digital Transactions article.

LexisNexis Risk Solutions canvassed 175 executives at retail and commercial banks, credit unions, and related companies to compile the report. In addition to the cost of fraud, the firm calculated the lost value of the transaction plus fees and interest, labor costs for investigations, fines, legal fees, and related expenses.

The mobile channel in particular for mid-size and large financial firms causes concerns, though these worries seem to have eased a bit this year. Just as retailers have to contend with growth in mobile transactions, so too do financial institutions. Seventy-three percent of executives at mid-size to large online-only firms said the evolution of mobile payments and the mobile channel adds significant risk of fraud. In 2017, 86% said so.

Furthermore, the 2017 ABA Deposit Account Fraud Survey reported a 28% increase in check fraud attempts ($6.1B to $7.8B) and check fraud losses ($615 to $789M) from 2016 to 2017.

As the popularity of mobile deposits and remote deposit capture increases, financial institutions should consider incorporating an image and transaction analysis prevention solution to mitigate check fraud and risk in their RDC channels.

SaveSave

SaveSave

SaveSave

Leave a Comment





Review your needs with an OrboGraph expert.

Sign up below for your complimentary assessment or to request
estimated solution pricing from OrboGraph.