Financial Industry
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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The Financial Brand marked the end of the year with a look at what they consider the top five innovation trends to look forward to in 2023. Innovation has become a critical component of business growth in the banking industry. Beyond creating the ‘next big thing,’ innovation includes the creation of value through new or…
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At EY.COM, home of Ernst & Young Global Limited, Pratik Shah, EY India Financial Services Consulting Leader, and Harshvardhan Bisht, EY India Banking and Capital Markets Leader, explain that banks must evaluate and address the evolving needs of the consumers and maintain their trust in the banking system. The advent of the pandemic and the…
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Partnership enables financial institutions to connect with OrboAnywhere and image forensics Burlington, MA, December 15, 2022 – OrboGraph, a premier supplier of check processing automation and fraud detection software and services, announced today a partnership with Classic Software of Charlotte, NC, offering financial institutions the ability to extract and feed check images directly into OrboAnywhere…
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Suppliers want quick reimbursement; buyers prefer slower payments Checks are popular among SMB buyers Faster payments actually mean cash flow gains It’s a quandary old as commerce itself: Suppliers of goods and services want access to their funds as quickly as possible — like, right now — while buyers, on the other hand, often look…
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Automation has been a popular topic in the world of banking for decades (and discussed here recently as well). However, according to BankingDive.com, there is a new term now picking up steam in the banking world: Banks, of course, have been focused on automating processes to improve efficiency and customer service for well over a…
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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
Checks are still widely used by various age groups and industries Pros and cons of using checks Investment in check automation is crucial As we continue to explore the relevancy of checks as a payment avenue, it’s important that we keep in mind some data previously noted in our blog: Checks still account for nearly 23%…
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Microsite highlights primary and secondary research in check and payments fraud Billerica, MA, November 17, 2022 – OrboGraph, a premier supplier of check processing automation and fraud detection software and services, announced today the launch of the #OrboIntelligence Check Fraud Hub – a dedicated microsite resource centralizing primary and secondary research, industry trends, and 3rd…
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78% of renters still pay by check Other industries dominated by checks Investments in tech to automate check processing As we noted in a previous blog, checks are NOT going away. In fact, our friends at Alogent reported that of non-cash payment methods, checks accounted for nearly 23% of the total value of payments in…
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