RDC & Mobile
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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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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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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As we start off the new year, an article from the American Banker highlights seven bank trends to watch in 2022. The key, according to their analysis, is providing ultraconvenience to customers. As you take a look at the list below, we strongly recommend you compare the trends to your bank’s plans for the new…
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The COVID-19 pandemic has impacted almost every facet of the lives of individuals, as well as how business operates. This also includes how payments are made. With businesses shuttering offices and many millions of jobs moving to hybrid or fully remote positions, the way individuals and businesses make payments for goods and services has changed…
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American Banker sheds some light on an example of modernization in action at Viewpointe, which was founded by big banks over 20 years ago primarily to store digital images of checks. When the physical transportation of checks temporarily halted after 9/11 — compounded by legislation known as Check 21, which allowed banks to handle more…
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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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We live in a world where pretty much everyone carries a phone in their pocket that is capable of instantaneously sending and receiving digital payments, virtually eliminating the need for paper money or checks. So, checks should be an artifact of the past — something you have to explain to a checkbook-oblivious younger generation, like…
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American Banker features the story of The Milford Bank, a 149-year-old community institution in Connecticut that wants to attract a younger audience. It faces a challenge, of course, in how much it can do in-house in terms of enhancing its tech, or even researching, testing, and eventually integrating products from potential fintech partners. So, a…
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As the final days of 2021 wind down, we’d like to thank all our partners and clients for supporting OrboGraph in a record breaking year. Also enjoy our holiday video below! Season’s Greetings! The OrboGraph Family
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