Financial Industry
Zor Gorelov, chief executive officer and co-founder of Kasisto, discusses in post for BAI how regional banks can use AI to improve efficiency and remain competitive with larger banks — in spite of potentially daunting hurdles like costs and compliance concerns. 2023 has been challenging for regional banks in the wake of bank failures earlier…
Read More
Jim Marous, Top 5 Retail Banking Influencer, Global Speaker, Podcast Host, and Co-Publisher at The Financial Brand, described in a post for fisglobal.com 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…
Read More
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…
Read More
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…
Read More
Previously, we covered the United Kingdom and their push for the “digital pound.” While there are many benefits for a central bank digital currency (CBDC), the real question remains: “Is there a desire or need for them?” This is the question being pondered in Canada. In a story covering a recent report from the Bank…
Read More
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
A common theme that is “top of mind” for banking executives is moving off legacy systems to embrace and take advantage of modern workflow solutions. As noted by PYMNTS.com, there are factors preventing certain businesses from updating legacy methods, including: Requires “heavy lifting” or a significant amount of work/internal resources Capital investment Affects current vendors…
Read More
A new PYMNTS article explores the challenges facing businesses when it comes to updating legacy systems to embrace and take advantage of modern workflow solutions. Unfortunately, many firms find themselves facing a reinvention of their systems. Many simply don’t want to, and it is holding them back. Firms shackled by legacy systems frequently struggle to…
Read More
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…
Read More
OrboGraph is featured on the cover of Enterprise World magazine Checks have become a leading target of fraudulent activity The story highlights OrboGraph’s powerful tools designed to fight check fraud We are pleased to announce that OrboGraph — along with its OrbNet AI and OrbNet Forensic AI — has been featured in The Enterprise World’s…
Read More