Financial Industry

20 UCC Provisions Every Banker Should Know

By orbograph / July 10, 2018 / 0 Comments

The National Check Fraud Center has a no-nonsense, word-dense list of 20 UCC Provisions Every Banker Should Know. Go “check” out that link – – looks pretty daunting, doesn’t it? Author Mary Beth Guard manages to keep it light, though, even in some of the longer explanations: Section 4-209: Are you familiar with the encoding warranty? A…

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Digital Wallets: Not All “Independence Days” Take Hold….

By orbograph / July 5, 2018 / 0 Comments

In the spirit of Independence Day, let’s take a look at an article from PaymentsSource.com that explores various attempts to become “independent from checks, cash, and cards.” Their list includes venerable “we’re going all-digital” efforts like Venmo, Green Dot, and even PayPal – – all have sought to declare independence from plastic cards and checks,…

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Why Checks Are Still Golden For High-Risk Sellers

By orbograph / June 20, 2018 / 0 Comments

According to Thomas Skala, chief executive officer and president of telecommunications and payments company Genie Gateway, a mitigated risk of chargebacks makes checks the best path for high-risk sellers. High-risk sellers can include, for example, product repair companies if a customer is unhappy with a repair result; or the travel industry, in which buyers can chargeback travel…

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2018 Conference Highlights: Check Fraud and Payment Risk

By orbograph / June 12, 2018 / 0 Comments

Continuing our look at some of the highlights from our 2018 Healthcare and Check Payment Technology Conference in Nashville, TN, this time with information from a presentation entitled “Check Fraud and Payment Risk Industry Update and Technology Advancements,” presented by Joe Gregory, our own VP of Marketing; Yaron Katzir, who is Orbograph’s Director of Product Management for…

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Podcast: The Vision of OrboGraph, Check and Healthcare Payments in 19 Minutes

By orbograph / May 24, 2018 / 0 Comments

For an invigorating Memorial Day drive, we invite you to take 19 minutes to enjoy the OrboGraph Podcast named, “The Foundation and Vision”; a conversation with OrboGraph’s co-president, Barry Cohen, and vice president of marketing, Joe Gregory.     Promising to be the best podcast OrboGraph has produced (yes, it is our first), the podcast covers…

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Message to Small Banks: Tech is a SOLUTION, not a PROBLEM

By orbograph / May 23, 2018 / 0 Comments

Small banks are at a crossroads: adopt new technologies or face the possibility of shutting the doors. According to Americanbanker.com: For community banks in highly competitive markets, service with a personal touch can be a differentiator to win and keep customers. But when legacy technology hampers the customer experience, all the cups of coffee in…

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Zelle: A Bumpy Ride Toward Ubiquity?

By orbograph / May 15, 2018 / 0 Comments

According to American Banker, the bank-led person-to-person payment network Zelle is making progress, but having growing pains. Banks and consumers have learned a handful of truths — good and bad — about the network as it copes with a number of challenges including fraud threats, growing demand, as well as technical and enrollment issues. Here is…

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B2B Payments Friction: Rethinking the Role of Check

By orbograph / May 3, 2018 / 0 Comments

Let’s be frank: paper checks present a challenge to anyone in the accounts payable space. But let’s be equally realistic: checks continue to make up about half of the supplier payments volume. B2B payments disruptors now have a choice when designing and deploying technology: Will they use that tech to make paper checks less friction-filled, or entice…

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For Regionals to Catch Up to Big Banks, Time to Modernize

By orbograph / April 25, 2018 / 0 Comments

There is a trend in the wind, according to AmericanBanker.com: Over the past few days, midsize banks — such as Comerica, Commerce Bancshares and M&T Bank — have reported notable declines in total deposits, with M&T, in particular, reporting a 6% drop from a year earlier. Executives have offered a number of reasons why, saying…

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Corporate Clients See Payments Fraud on the Upswing, Says AFP: Modernization Needed

By orbograph / April 17, 2018 / 0 Comments

The 2018 AFP Payments Fraud Survey, underwritten by J.P. Morgan, has some alarming fraud news for corporate clients and the treasury departments of financial institutions. Overall payments fraud reached a new peak in 2017, after experiencing a downswing earlier in the decade. A record 78% of all organizations were hit by payments fraud last year,…

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