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Customer Acquisition

Visa’s Acquisition of Pismo Banking Platform Continues Trend of Major Companies Entering Banking

February 8, 2024

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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X Marks a Spot in Payments — Maybe

January 25, 2024

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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Strategic Tech Decisioning Key for Future Success of Financial Institutions

November 16, 2023

A new article by Bain & Company shares what they’ve learned after analyzing the performance of 42 of the world’s largest banks based on total shareholder return, cost-to-income ratio, and net promoter score over the past few years. Its findings? No surprise here: Banks leading in technology delivered higher returns, lower costs, and greater customer…

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OrboGraph Partners with Dr. David Maimon, Expert in Proactive Fraud Intelligence

November 13, 2023

Relationship will drive new innovation and collaboration around dark web check fraud prevention Burlington, MA, November 13, 2023 – OrboGraph, a global leader in the fields of check fraud detection and image recognition solutions, is excited to announce a strategic partnership with Dr. David Maimon, Professor at Georgia State University, and a recognized authority in…

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Artificial Intelligence: Futuristic Dream or Realizable Present?

November 3, 2023

Artificial intelligence has been one of the hottest topics within the banking industry over the past few years. Every day, banking professionals are bombarded with emails from publications and vendors relating how AI is the greatest thing to happen to the banking industry; yet, according the American Banker, the excitement isn’t leading to implementation. In…

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FIS Details Emerging Technology Trends That Will Revolutionize Retail Banking

October 19, 2023

Jim Marous, Top 5 Retail Banking Influencer, Global Speaker, Podcast Host, and Co-Publisher at The Financial Brand, described in a post for the four emerging technology trends that will, he believes, revolutionize retail banking. The importance of developing and deploying new digital services, building new business models and transforming from a product-centric to customer-centric…

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OrboGraph to Present at ThreatAdvice Fraud & AI Conference

October 16, 2023

Sharing key metrics on check fraud trends across the industry, empowering community banks Burlington, MA, October 16, 2023 – OrboGraph, a leading provider of check fraud detection and image recognition solutions, is excited to announce its participation in the upcoming ThreatAdvice Fraud & AI Conference. The conference will take place on October 19th, 2023, in…

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Today’s “One-Shot” Customer Service Opportunity in the Bank Branch

Emphasizing “Trust” in Banking: Relationships Between Customer & Bank, Bank & Vendor

October 13, 2023

A new study by PYMNTS reveals that, when choosing a bank, the majority of consumers are looking for a trustworthy FI when narrowing down their choices: In the report “Credit Union Membership and Credit Profiles,” PYMNTS leverages insights gathered from a survey of over 4,000 U.S. consumers and 100 credit union (CU) executives to examine…

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Bit Builders, Inc. Delivers Turnkey Image Fraud Detection with OrboGraph

September 20, 2023

Integration of OrboGraph’s OrboAnywhere Fraud Module with Bit Builders’ NextGen Digital Banking offers stand-alone platform Burlington, MA, September 20, 2023 – OrboGraph, a global leader in check and payment processing automation, has proudly announced a business partnership with Bit Builders, Inc., creators of the NextGen Digital Banking platform. The collaboration provides an industry-leading platform financial…

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Unleashing the Power of AI in Banking: Buy-In Needed at Every Level

August 17, 2023

It’s no secret to any regular reader of our blog that we are enthusiastic advocates for the power of AI. Also, you can’t open a newspaper (do people still open newspapers?) or read online news without at some point encountering a story about how AI is reshaping almost every discipline and industry imaginable. In a…

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