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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.

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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

Deep Dive: Financial Crime & Fraud in the Age of Cybersecurity

check fraud prevention

Want to go deep on financial fraud and crime, and learn the difference between the two while also learning about the role of modern cybersecurity tools in curtailing both? Get comfortable and spend some time with this comprehensive article from McKinsey & Company covering Financial crime and fraud in the age of cybersecurity.

Their analysis of the so-called Carbanak attacks (beginning in 2013), for example, illustrates the sophistication and teamwork deployed in these crimes:

These were malware-based bank thefts totaling more than $1 billion. The attackers, an organized criminal gang, gained access to systems through phishing and then transferred fraudulently inflated balances to their own accounts or programmed ATMs to dispense cash to waiting accomplices (Exhibit 1).

The article notes that this crime was one simultaneous, coordinated attack against many banks, deploying a sophisticated knowledge of the cyber environment and “likely understood banking processes, controls, and even vulnerabilities arising from siloed organizations and governance.”

And the attack wasn’t limited to a single channel: ATMs, credit and debit cards, and wire transfers were targets. In studying these attacks, we realize that meaningful distinctions among cyberattacks, fraud, and financial crime are disappearing — and, distressingly, “banks have not yet addressed these new intersections, which transgress the boundary lines most have erected between the types of crimes.” Furthermore, “a siloed approach to these interconnected risks is becoming increasingly untenable; clearly, the operating model needs to be rethought.”

As a “Top 10 Financial Fraud Detection Solutions Providers 2019” (per CFO Tech Outlook Magazine) we learned that banks and financial institutions (FI) need to rethink their strategies and update beyond their legacy systems to combat these innovative and complicated fraud and financial crime approaches. In the case of check fraud, FIs have access to a strong control called doubtful collectability. By using image analysis to identify counterfeits in these schemes, a bank can hold funds and block the electronic flow of funds included in these financial crimes.


This blog contains forward-looking statements. For more information, click here.

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