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FedNow was officially launched on July 20th, which means there are now two real-time payments networks in the U.S., as the new instant-payments infrastructure debuts alongside The Clearing House’s RTP real-time platform. So, everyone’s going to jump into real-time payments, right? Well, maybe not right away. PYMNTS.com spoke to Ingo Money CEO Drew Edwards about…
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New partner/clients include four of the Top 30 banks, two data centers, and two fraud review platforms Burlington, MA, August 10, 2023 – OrboGraph, a premier supplier of check processing automation and fraud detection software and services, announced the addition of three new Top 30 Bank customers, two data center partners, and two new fraud…
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Twitter – or X, which is its new name (and the subject of some “sign controversy” recently at X’s San Francisco headquarters) – has made it known they are entering the payments realm, having begun the process of applying for regulatory licenses and development of the software needed. This is no real surprise, as Elon Musk…
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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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Rob Loethen takes a walk down nostalgia lane on the Jack Henry Fintalk web page, remembering a life-changing tool introduced when he was in grade school: I remember when my dad bought our family’s first calculator. It was from Texas Instruments, and the numbers glowed red as you entered your simple mathematical task. I thought…
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Artificial Intelligence (AI) and Machine Learning (ML) are all over the news lately — and for good reason. Almost every industry and endeavor can be touched by the existent and emergent tools that AI and ML make possible. And, as Finextra reports, the UK banking world is in step with the latest developments: The latest research…
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Digital currency has been a topic of discussion for many years now. Most have heard of Bitcoin and other cryptocurrencies; yet no digital currency or cryptocurrency has made a strong enough case as a viable replacement for current payments. One major drawback — or advantage, depending on who you ask — is that cryptocurrencies are…
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Core processing platforms are the lifeblood of the banking system. Without these systems, banks would be operating in the “stone age,” manually processing and tracking transactions. Over the past few decades, these platforms have been able to handle all types of transactions and payments, from credit cards to checks. However, with technology evolving, new payments…
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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.
Read More
Accenture recently released a report entitled A New Era of Generative AI for Everyone, which explains why generative AI is the ultimate “co-pilot” for human capabilities — and how it will “transform work and reinvent business.” ChatGPT has become a household name — and it’s only been known to the mainstream for six months. The Accenture…
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