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Remote Deposit Capture

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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Keeping Your Bank Up-to-Date with American Banker’s Top Trends for 2022

January 19, 2022

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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ACH Sees Record Growth to 19.4% of Payments During Pandemic

January 13, 2022

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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Modernization in Action at Viewpointe

January 6, 2022

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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OrboNation Newsletter: Check Processing Edition – December 2021

December 30, 2021

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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Why Are Checks Still Being Used in 2021?

December 29, 2021

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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Core Vendors Opening Up in Fintech Partnerships

December 21, 2021

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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Season’s Greetings From OrboGraph

December 20, 2021

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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Automation – NOT Replacing Humans

December 17, 2021

If you are a reader of American Banker, you may have come across “Leaving the ‘numbing’ tasks to machines” (fear not, you can access the article free through a guest account.) The article addresses a common misconception that automation — and the underlying technology such as Artificial Intelligence and Machine Learning — is here to…

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