OrboNation Blog

ITMs offer a spectrum of self service features Banks are able to extend their availability via ITMs Tellers are available via video banking, offering customer support The ongoing transformation of branch banking, fueled by the rise of Interactive Teller Machines (ITMs), is reshaping how financial institutions engage their customers in an increasingly digitized environment. In…

There are roadblocks to innovation in the banking industry Negatives can be turned to positives One way to deploy new technologies is working with new vendors Innovation in the banking sector faces persistent roadblocks that hinder transformation and progress, as explored by Paweł Stężycki in Netguru’s insightful article “Seven Barriers To Banking Innovation and How…

U.S. Treasury Department has officially “eliminated” paper check disbursements — with many exceptions New resources page published by the U.S. Treasury to assist in transition How will this impact inancial institutions? As many are aware, as of September 30, 2025 the US Government has officially ended distributing paper check disbursements. According to the NTA Blog,…

The U.S. government plans to eliminate paper checks in federal payments Small businesses face a challenge Local merchants, contractors,& independent service providers rely on checks PYMNTS takes a look at the U.S. government’s move to eliminate paper checks in federal payments, which is accelerating digital payment adoption for the government while creating ripple effects for…

AI is transformative for the banking industry Barriers to adoption include trust and data Many banks are unaware that they are already leveraging AI Artificial intelligence (AI) is transforming the banking industry, offering innovative solutions to improve customer experiences, streamline operations, and enhance risk management.​ However, trust and data accuracy remain significant barriers to widespread…

Agenic AI has impressed many in the banking industry Meticulous care is required when handling customer data Today’s AI is not agenic AI As financial institutions gravitate toward innovative automations like agentic AI, the allure of “zero operations”-where everyday banking processes run themselves-appears within reach. Yet, according to Biswajit Das in his recent Forbes Technology…

The Federal Reserve is adopting fintech solutions The private sector has blazed a trail Technologies implemented today lay the groundwork for tomorrow’s success PAYMENTS DIVE reports that the Federal Reserve is making strides towards embracing financial technology (fintech) innovations like tokenization, smart contracts, and especially artificial intelligence (AI) within payment systems. Christopher Waller, a member…