Industry News – Check
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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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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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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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…
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Source: Washington Post This proclamation comes from reporter Andrew Van Dam in a recent article from the Washington Post (reposted on MSN for those who are not subscribers to WP). In a few years, comically oversized foam-board novelty checks will be the last remaining evidence of a 20th-century icon, as the paper check goes the…
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Over the past decade, the payments landscape has evolved rapidly. While there have been a variety of new payments introduced, checks still remain a major player for a variety of reasons, particularly in the USA. Payments Dive points out that, according to a recent report from the Federal Reserve Bank of Atlanta, the United States outranks…
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FedNow was officially launched on July 20th, which means there are now two real-time payments networks in the U.S., as the new instant-payments infrastructure debuts alongside The Clearing House’s RTP real-time platform. So, everyone’s going to jump into real-time payments, right? Well, maybe not right away. PYMNTS.com spoke to Ingo Money CEO Drew Edwards about…
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New partner/clients include four of the Top 30 banks, two data centers, and two fraud review platforms Burlington, MA, August 10, 2023 – OrboGraph, a premier supplier of check processing automation and fraud detection software and services, announced the addition of three new Top 30 Bank customers, two data center partners, and two new fraud…
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Twitter – or X, which is its new name (and the subject of some “sign controversy” recently at X’s San Francisco headquarters) – has made it known they are entering the payments realm, having begun the process of applying for regulatory licenses and development of the software needed. This is no real surprise, as Elon Musk…
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Yahoo Finance reports that, this past Tuesday, Nvidia (NVDA) — founded in 1993 by Jensen Huang, Chris Malachowsky, and Curtis Priem — recorded a landmark achievement in becoming the first chipmaker ever to reach a market valuation of $1 trillion. The Santa Clara, Calif.-based chipmaker became the ninth public company to ever hit the $1…
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