Check Processing
As a global leader in check fraud detection and prevention, we at OrboGraph understand the challenges banks face concerning check fraud and constantly strive to offer innovative solutions. One effective method to protect financial institutions and their customers is to examine notorious check fraud cases and learn from them. By analyzing these cases, senior executives…
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In recent years, check fraud has continued to be a significant concern for banks, as criminals have turned their attention to checks.. As a global leader in the fields of check fraud detection, prevention, and image recognition solutions, we at OrboGraph understand the importance of staying ahead of these threats. With the increasing sophistication of…
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“In-person banking is fading away.” Wall Street’s biggest bank would beg to disagree. Bankingdive.com reports that banking giant JPMorgan Chase plans to expand its branch network significantly over the next few years, aiming to open over 500 new branches focused on underserved areas, according to a statement seen by Reuters and The Wall Street Journal. Some other banks…
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Not long after we saw Elon Musk’s X (ex-Twitter) make moves into payments, Visa has successfully completed its acquisition of Pismo, a global cloud-native issuer processing and core banking platform, for $1 billion in cash. Earlier reports said Visa was competing with at least one other firm to acquire Pismo. The collaboration aims to offer clients…
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In 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.
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Elon Musk, who now owns Twitter (rebranded as X), plans to launch a peer-to-peer payments feature on the platform in 2024. Musk said he expected payments to launch by mid-2024 pending regulatory approvals from states. Approvals from California and New York are seen as particularly important for the payments launch. Back in April of 2023,…
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Wendi Klein, VP of Marketing at Alogent, asks if 2024 just might be the time to take an even more serious look at mobile banking and suggests the best ways to take advantage of what has by now become an expected banking feature: With the kick-off to 2024, it’s an opportune time for financial institutions…
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In the newest segment of their “I’ve Always Wondered” series, which addresses questions many of us have about the economy and spending habits, Marketplace tackles the question: “Why do we still use paper checks?” For insight, they consulted experts. There are a slew of reasons explaining our continued check use. Many check writers have had…
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In 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 More
As we are all aware, the pandemic has changed the behavior of consumers when it comes to depositing checks — they’ve adopted mRDC and ATMs as their main deposit channels. In turn, ATMs have evolved over the past few years, offering new services to accommodate this change in behavior. As the year winds down, ATM…
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