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OrboNation Blog

FRAUD: 10 Reasons It Will Never Go Away

May 30, 2018

If there are persons in executive positions out there — particularly in the world of payments — who feel that we are escalating toward a golden age where fraud will all but be eliminated and all of our sophisticated tools and controls can be abandoned, they are not going to want to hear what Dr. Patrick…

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Podcast: The Vision of OrboGraph, Check and Healthcare Payments in 19 Minutes

May 24, 2018

For an invigorating Memorial Day drive, we invite you to take 19 minutes to enjoy the OrboGraph Podcast named, “The Foundation and Vision”; a conversation with OrboGraph’s co-president, Barry Cohen, and vice president of marketing, Joe Gregory.     Promising to be the best podcast OrboGraph has produced (yes, it is our first), the podcast covers…

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OrboGraph Inducts Five New Entrants into Hall of Fame

May 23, 2018

OrbyAwards presented to high impact business partners and industry visionary Vijay Balakrishnan Billerica, MA, May 23, 2018 – OrboGraph, a premier developer and supplier of intelligent electronic/paper automation solutions in healthcare revenue cycle management (RCM), as well as recognition solutions, image validation and check fraud detection for the U.S. check processing market, awarded the coveted OrbyAward…

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Healthcare Price Transparency Sparks Concerns

May 18, 2018

A follow-up to last week’s post concerning healthcare is getting more and more “retail”  — in response to Senators Bill Cassidy, MD (R-LA), Michael Bennet (D-CO), Chuck Grassley (R-IW), Tom Carper (D-DE), Todd Young (R-IN), and Claire McCaskill (D-MO) unveiling their intention to launch a healthcare price and quality information transparency initiative (The Senators asked the American…

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Zelle: A Bumpy Ride Toward Ubiquity?

May 15, 2018

According to American Banker, the bank-led person-to-person payment network Zelle is making progress, but having growing pains. Banks and consumers have learned a handful of truths — good and bad — about the network as it copes with a number of challenges including fraud threats, growing demand, as well as technical and enrollment issues. Here is…

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B2B Payments Friction: Rethinking the Role of Check

May 3, 2018

Let’s be frank: paper checks present a challenge to anyone in the accounts payable space. But let’s be equally realistic: checks continue to make up about half of the supplier payments volume. B2B payments disruptors now have a choice when designing and deploying technology: Will they use that tech to make paper checks less friction-filled, or entice…

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orbonation

OrboGraph Releases Version 1.5 of OrboAnywhere for Platform Modernization of Check Processing and Fraud Prevention

May 2, 2018

Enhanced scalability and targeted use cases add incremental justification to industry modernization efforts   Billerica, MA, May 2, 2018 – OrboGraph, a premier developer and supplier of intelligent electronic/paper automation solutions in healthcare revenue cycle management (RCM), as well as recognition solutions, image validation and check fraud detection for the U.S. check processing market, announces the…

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healthcare payment solutions

Healthcare is Getting More and More “Retail.” Are You Ready?

April 27, 2018

While “Healthcare Consumerism” is a trend we’ve made note of previously, you’re probably aware that the Centers for Medicare and Medicare Services (CMS) is requiring hospitals to post a list of their standard charges online — just the beginning of the push for increased healthcare price transparency, according to CMS’s Administrator Seema Verma.  Think about the…

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For Regionals to Catch Up to Big Banks, Time to Modernize

April 25, 2018

There is a trend in the wind, according to AmericanBanker.com: Over the past few days, midsize banks — such as Comerica, Commerce Bancshares and M&T Bank — have reported notable declines in total deposits, with M&T, in particular, reporting a 6% drop from a year earlier. Executives have offered a number of reasons why, saying…

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Tax Refund Season Means Jump in Medical Payments

April 20, 2018

A report from JP Morgan Chase Institute (JPMorgan is part of a new healthcare venture announced with Amazon and Berkshire Hathaway) notes that many Americans wait for their tax refund to make payments against medical bills. The report looked at 1.2 million American households in different income and demographic groups that received tax refunds in 2016,…

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