OrboNation Blog
Fed request to rethink check clearing sparks strong pushback from industry leaders Fed Vice Chair of Supervision & small business advocates argue checks remain vital for payments Critics warn eliminating Fed check services risks cash flow and market stability Over the past handful of years, we’ve seen so-called industry experts and pundits, along with mainstream…
AI-driven automation now spans chatbots, fraud monitoring, and robotic process automation Advanced check processing AI achieves up to 99.8% read accuracy, minimizing manual work GPU-powered systems double to quadruple throughput, making AI affordable for all banks For decades, the banking industry has been chasing the elusive goal of automation — alleviating their internal teams from…
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.
AI turns financial data into predictive, real-time decision engines for automation NLP, RPA, and analytics streamline banking services and operational efficiency AI-driven transaction and image forensics greatly improve check fraud detection accuracy AI in financial services increasingly relies on machine learning to turn vast historical datasets into live decision engines. Analytics Insight, in its overview of AI…
Fed reverses course, again accepting penny deposits at all commercial coin distribution centers Limited penny deposits stranded banks with surplus coins, storage issues, and higher handling costs The penny situation largely follows the same trajectory as paper checks Back in February 2025, The Trump administration announced plans to end penny production with the Treasury Department…
A new study tracks how fintechs are reshaping partnership strategies with credit unions The data indicate rising fintech‑credit union alignment Credit unions are pursuing third‑party innovation rather than building everything internally Fintechs are increasingly turning toward community banks and credit unions, and the fastest way to bring those innovations to market is through the core and item‑processing…
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.
Automation streamlines efficiency and the customer experience A whopping 76% of banks have not just invested, but implemented new automation tech AI/ML technologies enabled banks to achieve 99% read rates and 99.5%+ accuracy For financial institutions, automation has been a key goal for decades. Not only does it increase operation efficiency, but it streamlines the…
Emerging technologies now power modern, scalable bank payment stacks APIs and events enable real-time routing, pricing, and settlement decisions Payments modernization aligns efficiency, revenue, experience, and integrated fraud and risk controls The PaymentsJournal article “How Emerging Technologies Are Powering the Modern Payments Stack,” by Wesley Grant, explains why modernizing payments infrastructure has become a strategic…
Balancing high throughput and low latency is essential for modern, AI-based check processing OrboAnywhere Turbo 6.0 boosts throughput while sharply reducing latency on existing hardware. Modern AI infrastructure with ONNX & NVIDIA GPUs enables real-time check recognition & fraud detection In a recent Medium blog post, banking transformation leader Amit Batra draws a sharp distinction…