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AdvicePay Introduces Mobile Check Deposit For Enterprise Customers

April 21, 2021

Close on the heels of Venmo’s new check-cashing service for their mobile app, “Cash a Check,” fee-payment processing platform AdvicePay — which is designed specifically for financial advisors — rolled out a new mobile check deposit feature for large businesses, according to their mid-March announcement. This is great news for financial advisors and the like;…

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CSAFE Hosts Forensic Handwriting Analysis Webinar

April 14, 2021

The Center for Statistics and Applications in Forensic Evidence, or CSAFE, hosted a webinar on forensic handwriting analysis on March 11, 2021. OrboGraph was one of hundreds attending the session. The Center for Statistics and Applications in Forensic Evidence (CSAFE) is building a statistically sound and scientifically solid foundation for the analysis and interpretation of forensic evidence, as well as improving quantitative literacy among forensic practitioners, legal professionals and other stakeholders through educational opportunities.

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Venmo Adds Check Cashing as New Channel for Growth

April 7, 2021

Tried-and-true merges with new digital tech — Venmo recently announced that it will begin to offer a new check-cashing service, “Cash a Check,” in the Venmo mobile app. Via TechCrunch.com: The feature … can be used to cash printed, payroll and U.S. government checks, including the new stimulus checks, the company says. Though typically there will be fees associated with the Cash a Check feature, Venmo says these are being waived on stimulus funds for a limited time.

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40% of Consumers Prefer Checks for Bill Payment

April 1, 2021

The report presents results from questions exploring how adults in the United States use and pay for “box of the month” clubs and online subscription services. It also explores the ways consumers pay their bills and the increasing importance of digital bill payment. …When it comes to paying bills, the majority of consumers (6 in…

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FT Partners Research: Open Banking – Rearchitecting the Financial Landscape

March 25, 2021

In a recent OrboNation Blog article, we covered the need for key fintech players — like banks and firms — to continue to invest in modernizing their processes and payment methods as “the need for automation has never been more pressing. Clients want quick, efficient solutions that enable them to do more with less. From lending decisions to payments risk management, only technology can provide the necessary support that businesses need.” One approach that banks and financial institutions are starting to pay attention to is Open Banking.

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CEIC: A Tremendous Resource for International Check Volumes

March 10, 2021

CEIC Data was founded in Hong Kong in 1992 by a team of expert economists and analysts, and today employs data analysts in multiple offices around the globe. They currently offer “exclusive access to unparalleled coverage of 200+ economies around the globe, helping analysts and economists make sense of the world economy.” From their website: First and foremost, our products are about people. Our relationships with primary sources in numerous countries around the globe mean that our clients have access to most detailed and credible data in the world…

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Deluxe Corp: Checks Are a Primary Cog in Digital Payments Ecosystem

March 4, 2021

Surprise! Barry McCarthy the CEO of Deluxe, is a proponent of checks as payment tools. Even with the pivot for consumers to digital payment options, business-to-business is still reliant upon an older payment method: checks. Yes, you read that right. Although check usage has decreased significantly since the mid-2000s, physical checks accounted for 42%of B2B transactions in 2019 despite the explosion of digital options.

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Fintech Automation Will Only Increase in 2021

February 25, 2021

In a world where COVID-19 has made on-site collaboration a more and more distant memory — with no end in sight for the growth of remote work as the norm — PaymentsJournal reports: The need for automation has never been more pressing. Clients want quick, efficient solutions that enable them to do more with less. From lending decisions to payments risk management, only technology can provide the necessary support that businesses need.

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OrboZone is Here — A Fresh Experience Weekly!

February 18, 2021

We have receive a tremendous amount of positive feedback from our recent #OrboZone launch, with a countless number of clients, partners, and industry experts raving about their “experience.” But what is #OrboZone? It’s dynamic content that combines high-impact videos, visual galleries, energizing music, and entertaining activities for your WFH environment.

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PNC Acquisition of Tempus Will Create Ripple-Effect Across Treasury Management

February 17, 2021

PNC Bank N.A. announced on Jan. 27 that it has struck a definitive deal to buy payment gateway provider Tempus Technologies, Inc. This new team-up will allow their business customers to handle their receivables and payables via one channel, covering all rails. According to a report at Pymnts.com:

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