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OrboNation Newsletter: Check Processing and Fraud – April 2026

April 29, 2026

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.

Universal Acceptance Holding Digital Payments Back

April 23, 2026

Check volumes are falling, but check fraud hit $21 billion in 2023-a gap banks can no longer ignore Abruptly eliminating checks isn’t an option – critical payment workflows still depend on them OrboGraph equips banks to fight check fraud now while preparing for a digital-first future A recent American Banker opinion piece argues that the…

Visa/Featurespace: Why Banks Need a Connected Fraud Ecosystem That Includes Checks

April 22, 2026

Visa is fighting fraud at the network level-banks must match that scale Criminals share data across rails; fraud defenses need to do the same OrboGraph’s check image intelligence closes a critical blind spot for banks In a recent interview, James Mirfin, SVP, Head of Risk and Security Intelligence Solutions at Visa, spoke with PYMNTS CEO Karen Webster about Visa’s network-level…

PaymentsJournal Podcast: Understanding the Effects of Fraud on Consumers

April 21, 2026

Financial fraud is no longer a rare event; for many consumers, it is a persistent risk that shapes how they interact with their financial institutions. The emotional fallout from scams–shame, fear, and loss of trust–directly influences customer behavior, and that behavior is precisely where banks and credit unions must focus to strengthen deposit fraud defenses.…

Why Rip-and-Replace Method is Holding Financial Institutions Back from True Modernization

April 16, 2026

Legacy banking cores drain profits and trust, making modernization an urgent strategic priority AI fintech modernizes workflows, closes skills gaps, and cuts fraud and errors Fintech partnerships accelerate transformation, improve experiences, and drive growth When thinking about the concept of platform modernization, many organizations take the age-old approach of rip-and-replace — taking legacy solutions or…

AFP Survey: 58% of Organizations Report Experiencing Check Fraud in 2025

April 15, 2026

Payments fraud remains widespread, with a slight decline from prior years Checks are still the most targeted payment method for fraud attacks Organizations plan to keep using checks, demanding stronger layered fraud defenses This week, The Association for Financial Professionals announced the release of their 2026 AFP Payments Fraud and Control Survey report. The report,…

Is Modernizing Legacy Positive Pay Systems Enough to Stop Check Fraud?

April 14, 2026

Positive Pay still relies on manual file uploads, overburdening business customers & limiting adoption Banks lean on complex PDF “quick guides,” turning Positive Pay setup into an IT project TMonit’s CheckSync & OrboGraph solutions automate & modernize Positive Pay to strengthen fraud prevention Positive Pay, as currently deployed by many financial institutions, is stuck in…

FRAML: What Full Integration Really Means for Check and ACH Fraud

April 8, 2026

Scams now hit an estimated 57,000 Americans every day, driving tighter fraud controls Nacha’s 2026 near real‑time ACH monitoring rule is accelerating fraud-AML convergence True FRAML value comes from shared data and joint focus on scams and mule networks A recent BankInfoSecurity article by Suparna Goswami highlights how scams now hit an estimated 57,000 Americans…

ABA Survey Confirms Banks are America’s Front Line Against Fraud

April 7, 2026

Survey shows consumers overwhelmingly trust banks as their primary fraud defenders Respondents want stronger government action forcing social media & telecoms to fight fraud Stopping check fraud means banks must pair consumer education with advanced analytics & forensics A new infographic — based on research conducted by Morning Consult and published by American Bankers Association…

Fintech-Credit Union Relationship: Overcoming the Misalignments

April 2, 2026

Credit unions now rely on FinTech partners as their primary innovation engine Misaligned timelines, governance, & ROI expectations create friction despite shared strategic goals Stronger upfront alignment on structure and metrics turns partnerships into competitive advantage PYMNTS.com explores how credit unions once treated FinTech collaborations as side projects. However, now more than half say external…