Check Processing
Current conditions may make banks conservative with tech investments AI is emerging as a vital tool Banks will need to stay up-to-date with AI in order to remain competitive The Financial Brand asked Pal Krogdahl, director of technology strategy and advisory services at digital banking platform provider Samlink, to share his valuable advice regarding banking…
Read MoreNot long after we heard news that Apple has taken advantage of “open banking” in the UK to introduce a new feature allowing customers to connect eligible debit and credit cards in their Apple Wallet, Fintech Futures reports that US-based software provider Oracle has made two significant deals in 2024. The first major deal is…
Read MoreMassive feature expansion delivers improved detection with reduced false positives Burlington, MA, March 11, 2024 – OrboGraph, a leading provider of check fraud detection and image recognition solutions, is excited to announce general availability of their new OrboAnywhere Sherlock 5.3 Release. Sherlock 5.3 provides a powerful list of new weapons which will assist financial institutions…
Read MoreWriting checks may seem antiquated. However, there are many advantages, including having a paper trail for your payment and the “buffer” time from sending to depositing. Here’s another advantage that comes from making sure people are comfortable using checks that you may not have considered: Checks can actually make you …. smarter. Well, it’s specifically…
Read MoreIn case you missed it, over the past month, we have published incredible content on our OrboNation Blog and Modernizing Omnichannel Check Fraud Detection. Review the latest OrboNation Newsletter online or via PDF download.
Read MoreIn the fast-paced world of banking, keeping up with the latest technological advancements is essential for success. For banks, successfully managing check fraud remains a critical concern, even as the industry shifts toward digital transactions. Legacy systems can be a limitation, and institutions must upgrade to the latest tools and techniques in an effort to…
Read MoreAs a global leader in check fraud detection and prevention, we at OrboGraph understand that the financial industry faces countless challenges in combating financial fraud. To protect our clients, we are committed to remaining at the forefront of check fraud detection and prevention by providing comprehensive solutions that incorporate advanced tools and techniques. Our multi-variant…
Read MoreOver half of bank execs polled are concerned about dependency on legacy technology The same execs have a positive outlook for 2024 Less than 8% of the execs polled expect to reduce their tech spending in the coming year Monitor Daily reports on a survey of over 100 bank executives which found concerns about dependency…
Read MoreAs a global leader in check fraud detection and prevention, we at OrboGraph understand the complexities and changing landscape of check fraud in the financial industry. Even with the rise of digital payment methods, check fraud remains a considerable risk for banks and credit unions. Notably, fraudulent actors are employing increasingly sophisticated tactics to alter…
Read MoreAs a global leader in the fields of check fraud detection, check fraud prevention, and image recognition solutions, we at OrboGraph are committed to remaining at the forefront of fraud detection and prevention in the financial industry. With the rapid evolution of technology and the increasing sophistication of fraudsters, staying informed on the latest trends…
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