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Financial Industry

It’s time for CHECK TRIVIA!

April 23, 2020

While the world adapts and deals with the COVID 19 crisis, we thought it would be a good idea to take some time to exercise our minds and share a check trivia quiz. This is not merely mental calisthenics, however. The first 10 entrants that can answer four or more questions correctly, we will send…

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Financial Services Leading in Hybrid Cloud Adoption

April 16, 2020

Nutanix presented an informative webinar exploring the findings in their new publication, the Nutanix Enterprise Cloud Index Report. Kevin Lash, Director of Global Financial Services Strategy and Solutions at Nutanix; and Callum Budd, Research consultant with Vanson Bourne, held forth on issues and trends encountered on the path to hybrid cloud capability. First, a cloud…

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atm credit card transaction

Coronavirus Crisis: The Future of Cash, Checks, Credit Cards

April 8, 2020

The unprecedented worldwide coronavirus pandemic has created a new set of values for people around the world. Toilet paper is a precious commodity (in spite of a robust supply chain, it should be noted); it is possible to be productive working from home (a good internet connection is a lifeline to remote meetings), and; you…

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Stimulus Package: Direct Deposit or Check?

March 31, 2020

Congress passed a $2 trillion stimulus bill — the largest in United States history — that promises to revive a coronavirus-stricken economy. These are payments that will be sent directly to Americans, with many adults getting $1,200. For every qualifying child age 16 or under, the payment adds an additional $500. The plan is for…

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Technologies & Market Forces Drive New Fraud Detection Approaches

March 26, 2020

OrboGraph’s dynamic webinar entitled Change is Inevitable – How Will You Respond? — co-hosted with NICE Actimize — provided fresh insight into the nature of fraud. The webinar provides information and scenarios to show how fraudsters are becoming more sophisticated in their methods of committing fraud and how incorporating new technologies like Artificial Intelligence and…

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JHA Delivers Accounts Receivable (A/R) Financing Innovation

March 19, 2020

An article at MarketWatch.com notes that “there are more than 30 million small businesses in the United States and the majority cite cash flow as the biggest challenge they face.” With the Coronavirus, this is probably an understatement. Market leader Jack Henry & Associates, Inc., provider of technology solutions and payment processing services primarily for…

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Nice Actimize & OrboGraph Webinar

March 12, 2020

OrboGraph recently co-hosted with Nice Actimize a dynamic webinar entitled Change is Inevitable – How Will You Respond? Along with OrboGraph’s Joe Gregory, Allegra Angus and Nithin Mangalore of Nice Actimize discussed with attendees different aspects of check fraud trends, best practices for combating check fraud, including incorporating machine learning and image analysis.

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A Look at U.S. Personal Check Use

March 10, 2020

Use of Personal Checks: Drilling Down to “Who and Why” A report by the Federal Bank of Atlanta reveals some useful trend information regarding check usage in the United States. The report is described as “a snapshot of U.S. consumers’ use of paper checks in 2017 and 2018, combining data from the 2017 and 2018…

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Cryptocurrency: A Comprehensive Primer

March 4, 2020

A few months back we wondered whether Santa would take cryptocurrency – this was in reference to a rather bleak Huffington Post article called “The Bitcoin Hoax“. Pessimists aside, ever since Bitcoin appeared, the ever-growing ecosystem of cryptocurrency has continued to expand and spawn new varieties — some that sound like sci-fi movie titles and…

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Need to Stop Payment? Advantage: CHECK

March 2, 2020

The array of digital payment vehicles available is dizzying — Google Pay, Apple Pay, PayPal, Venmo — the list is long. Still, checks remain popular. And, it turns out, a better payment instrument when it becomes necessary to stop payment due to error or suspected fraud! MoneyWise describes easy step-by-step directions for canceling or stopping…

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