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Payments

Reconciliation: Fiserv Paints a Vision for the Future

January 22, 2021

A recent webinar sponsored by Fiserv highlighted reconciliation challenges faced by modern financial institutions as so many consumers adopt digital channels for payments. Fiserv’s 2020 Expectations & Experiences: Consumer Payments survey found that digital payments are indeed on the rise and confidence with virtual payment cards — the Apple Wallet, for instance — is growing.

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Banks Redesigning the Customer Experience with Distributed Banking

January 13, 2021

Ingo Money CEO Drew Edwards spent some time with PYMNTS CEO Karen Webster talking about distributed banking — aka banking-as-a-service — and how it differs from open banking. Edwards said that open banking is mostly about moving information, not about moving money between a consumer, her bank, and a third party, like the Robinhood app — at least for now. That data exchange makes it possible for a FinTech to step into the middle of the transaction but also makes the bank little more than the “dumb pipes” that serve as the funding source.

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Healthcare Payments in 2021: Technology is Key

January 8, 2021

With COVID-19 vaccines being administered across the globe, the healthcare payments industry — like the world population in general — is feeling cautiously optimistic as 2021 begins. The industry faced many challenges throughout 2020, but healthcare technology companies stepped up and transformed the pandemic into an opportunity to innovate, calling the pandemic a “catalyst” to accelerate the digital transformation for healthcare.
Matt Hawkins, CEO of Waystar, provides predictions for healthcare payments in the new year in an article posted on Modern Healthcare.

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Promising Outlooks for Fintech and Payments in 2021

January 6, 2021

The trading platform Blocktrade recently published their predictions for the coming year in the fintech and payment worlds. “We all know that 2020 was a highly unusual year – the Covid pandemic not only impacted the global economy, it also accelerated ongoing changes and developments in the Fintech and Payment industry.”

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December 2020 Edition – Check

January 4, 2021

We have seen the banking and payments industries recover from the challenges of the COVID-19 Pandemic with a resurgence of checks and sustained volumes of other payments. With this recovery, banks and financial institutions can now refocus on automation and fraud prevention projects which have been delayed while the economy recovers.

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Adapting to the Healthcare Consumerism Trend for Seamless Payment Reconciliation

December 11, 2020

PatientEngagementHIT.com examines the growth of patients consumerism and its impact on the healthcare industry. “Consumerism in healthcare regularly tops the list of C-suite priorities, with most organizations knowing they need to adapt to new patient behaviors to survive in a competitive industry. Health IT developers, healthcare payers, and policymakers alike are also working to acclimate to a world where the patient is also the medical consumer.”

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Dissecting Mythbusters’ GPU vs CPU Video: What It Means for Real-Time Check Processing and Fraud Detection

December 10, 2020

Back in August, we explored the importance of Nvidia’s data centers to real-time check processing. The blog post garnered a huge amount of attention from our readers, yielding requests to take a deeper dive of the featured video from Mythbusters and the subject of GPUs vs CPUs.

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What We Learned at the ORBOIMPACT Healthcare Payments Sessions

November 19, 2020

As we noted in our Check & Fraud recap earlier this week, the ORBOIMPACT VIRTUAL CONFERENCE, our two-day online event — which covered Healthcare Payments on Thursday, October 29, and Banking & Payments on Friday, October 30 — was a huge success! Industry speakers coupled with OrboGraph experts focused on AI innovation and payment strategy helped drive strong attendance, while innovative polling encouraged attendee participation and interaction.

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Recapping ORBOIMPACT and the Modernization of Check & Fraud

November 12, 2020

We’re pleased to announce that our ORBOIMPACT VIRTUAL CONFERENCE, a two-day online event which covered Healthcare Payments on Thursday, October 29, and Banking & Payments on Friday, October 30, was a huge success! Industry speakers coupled with OrboGraph experts focused on AI innovation and payment strategy helped drive strong attendance, while innovative polling encouraged attendee…

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ORBOIMPACT Speakers Promise to Deliver

October 22, 2020

Hopefully you’ve already registered for the ORBOIMPACT VIRTUAL CONFERENCE scheduled for October 29th and 30th. If not, what are you waiting for?

ORBOIMPACT will explore AI innovation in the fields of check payments, check fraud, and healthcare remittance automation. The event is FREE and is accepting a limited number of virtual attendees , so register today if you haven’t already!

Check out our star-studded lineup of speakers!

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