Skip to content

Omnichannel

Artificial Intelligence: Closing the Gap Between Large Financial Institutions and Regional Banks

October 26, 2023

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

FIS Details Emerging Technology Trends That Will Revolutionize Retail Banking

October 19, 2023

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

OrboGraph to Present at ThreatAdvice Fraud & AI Conference

October 16, 2023

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
Today’s “One-Shot” Customer Service Opportunity in the Bank Branch

Emphasizing “Trust” in Banking: Relationships Between Customer & Bank, Bank & Vendor

October 13, 2023

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

Central Bank Digital Currencies (CBDC): “Canadians Don’t See a Need”

October 5, 2023

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

OrboNation Newsletter: Check Processing and Fraud – September 2023

September 29, 2023

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

ICBA: Assessing Potential Fintech Partners — Evaluate the Tech & Reputation

September 28, 2023

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

Updating Legacy Systems: 62% of Firms Use Legacy Payments for Commercial Goods

September 21, 2023

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

Bit Builders, Inc. Delivers Turnkey Image Fraud Detection with OrboGraph

September 20, 2023

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

Washington Post: “Checks Are Dead”…Not So Fast!

September 18, 2023

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…

Read More