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Technology

The ‘Omnichannel Credit Union’: Not Just ‘a Thing’ — It’s Working, Too!

November 17, 2021

The challenge: 55% of credit union members have used a product or service from a different bank or financial institution, according to the Credit Union Tracker produced by PYMNTS, in collaboration with PSCU. That means more than half of all credit union members are effectively “comparison shopping.” How do credit unions hold on to their members?…

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OrboGraph Parent Company KLA Announces Strong Earnings — September 2021

November 16, 2021

KLA Corporation (Nasdaq: KLAC) — parent company of OrboGraph — recently released their September 2021 earnings, announcing that revenue grew 8% sequentially and 35% year-over-year to $2.08 billion, finishing toward the upper end of the range of guidance. About KLA Corporation Expand KLA Corporation (“KLA”) develops industry-leading equipment and services that enable innovation throughout the…

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“No Surprise Act” Could Bring Unexpected Transparency, Innovation to Healthcare Payments

November 12, 2021

We’ve been providing updates on the No Surprise Act (NSA) and Transparency in Coverage rule recently issued by the Biden Administration (NSA transparency rules are already in force for providers, and payer rules are going into effect in 2022) and their potential effects on the healthcare payments industry. While the new legislation will create challenges, Amanda…

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OrboGraph’s OrbNet AI Boosts Lockbox Accuracy to 98% For TMR

November 11, 2021

Last week, the OrboNation blog featured the NVIDIA GTC Virtual Conference, highlighting the importance of GPUs to Artificial Intelligence in financial services. These dynamic sessions provided attendees with information invaluable to advancing financial services, particularly the banking industry. To further display the benefits and results of artificial intelligence in banking, we collaborated with our friends…

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Virtual Experiences: The Matrix vs. #OrboZone

November 5, 2021

With the recently released trailer for The Matrix Resurrections — the fourth installment in The Matrix Franchise — we took at a look at the simulated world created by the machines and compare it to our own simulated world known as #OrboZone.

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GPU Advancements Highlighted at NVIDIA GTC Virtual Conference

November 3, 2021

NVIDIA’s GTC virtual conference is set to take place November 8-11, and it promises to be a valuable resource for getting (and staying) up to speed on the latest technology in use and development across myriad industries. If you are not familiar with the conference: NVIDIA GTC is a global conference that brings together developers…

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Is There a “New Tech” Obstacle for Smaller Financial Orgs?

October 29, 2021

Community banks and credit unions are at a disadvantage. Their lack of necessary internal resources and budget to upgrade their systems and integrate new technologies compared to big banks means the “cutting edge” services that a new generation of consumers have come to expect are slower to arrive at “non-giant” institutions.

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OrboNation Newsletter: Check Processing Edition – October 2021

October 28, 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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AI: The Boost Needed for Better HC Revenue Cycle Management

October 28, 2021

Analytics Insight examines the emerging and crucial role of Artificial Intelligence in healthcare revenue cycle. They note that RCM has gotten more challenging due to ever-growing claims and healthcare consumer issues, but the three primary factors are increased patient financial responsibility, convoluted payer contracts, the shift to value-based payments,

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OrboNation Newsletter: Healthcare Payments Edition – October 2021

October 26, 2021

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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