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OrboNation Blog

NAFCU’s 2021 Report: The Benefits of Increased Investments in AI by Credit Unions

February 24, 2022

Charlie Peterson, SVP for Allied Solutions, a Carmel, Ind.-based provider of insurance, lending and marketing products for financial institutions, addressed the importance of Artificial Intelligence to financial institutions — specifically credit unions — in an article for Credit Union Times. Artificial intelligence (AI) is becoming the norm in both business infrastructure and consumers’ daily lives.…

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How AI is Resolving Common Coding Mistakes

February 17, 2022

Roni Berlin, BSHCM, CPC, CPB, who serves as associate vice president at ExdionRCM Solutions, opens an article at Medical Economics with the harsh reality that, if a medical student’s classes reflected the reality of practicing medicine today, “I would venture that more than half of the curricula would be focused on performing administrative work, including the…

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Deluxe Corp. Reports Check Segment Grows by 6%

February 16, 2022

There are so many intriguing digital payment platforms emerging every week, surely the “antique” check must be fading fast, right? Wrong. On the occasion of its full-year earnings call on Feb. 3rd, Deluxe Corp. reported that their checks segment’s revenue increased just over 6% year over year. Pymnts.com reports that this is due in part to robust…

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5 Trends Bringing Effective Intelligence into Revenue Cycle in 2022

February 11, 2022

Time for another look at what this year might bring in terms of revenue cycle challenges. Matt Seefeld, Executive Vice President at MedEvolve, created a list of reasons he is optimistic about the coming year — with the caveat that health organizations stay current in terms of evolving tech. As we enter 2022, providers with…

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Will the Future Checking Account Include Checks?

February 10, 2022

In a digital society where the younger generation has created new nomenclature such as “I’ll Venmo you” to send person-to-person payments or asking if a vendor accepts PayPal (and perhaps soon, “Do you accept Bitcoin?”) The Financial Brand took a look at the future of checking accounts. The article provides an interesting perspective, starting off with…

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Introducing CHUCK™ – A New Real-Time Payment Platform for Community Banks

February 3, 2022

Even though we’ve just met, no one is standing on ceremony with “Charles,” or even “Charlie.” Nope – it’s CHUCK™ right out of the gate. CHUCK is an open network for instant payments, created by a consortium of community banks. American Banker reports that “more banks will roll out their version of CHUCK in the…

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Revenue Cycle Management 2.0: Key to Successful Healthcare Finance

January 28, 2022

Healthcare Economics doesn’t beat around the bush: the first line of their Revenue Cycle Management 2.0 story states clearly: It has never been more important for those in healthcare to manage their revenues effectively. This has, in turn, put greater emphasis on the need for Revenue Cycle Management (RCM) systems to enable a healthcare provider…

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OrboNation Newsletter: Check Processing Edition – January 2022

January 28, 2022

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.

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Industry Trend: Bank of America Announces End of Fees for Bounced Checks

January 27, 2022

In what might very well become an industry standard practice, Bank of America (BAC) is the latest major financial institution to announce that it is ending fees for insufficient funds. They also plan to cut overdraft fees from $35 to $10. These new policies go into effect in February. CNN Business Reports “Bank of America said that once all…

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OrboNation Newsletter: Healthcare Payments Edition – January 2022

January 26, 2022

In case you missed it, over the past month, we have published incredible content on our OrboNation Blog and Modernizing RCM with AI. Review the latest OrboNation Newsletter online or via PDF download.

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