Uncategorized
Abrigo’s new report cites the “dark web” as a driver for fraud Potential check fraud of all types nearly doubled in 2022 Tech solutions are crucial in stopping check fraud attempts Modern day success owes much to technology. The advent of the computer, the internet, and mobile phones are just a few technologies that have…
Read More
Digital is undoubtedly going to play a major role in the future of banking. As we noted previously, digital banking market valuation is predicted to exceed USD 13.5 trillion by 2032. The real question is: How each bank is approaching digital banking? From our friends at BAI, author Emily Steele, president and COO at Savana,…
Read More
In depth interactive agenda will focus on best practices in check fraud detection and prevention Burlington, MA, April 6, 2023 – OrboGraph, a leading provider of intelligent payment automation and check fraud detection solutions, officially announced its Charlotte Check Fraud Roundtable meeting scheduled on May 22-23, 2023, at the Hilton Charlotte Airport in Charlotte, NC.…
Read More
An ex-fraudster provides inside information on fraud methods Checks are a target because they are inexpensive to spoof Fraudsters have favorite targets Recently, we covered insider check fraud and the reasons individuals perpetrate it — even when they may not need the money. But what about the other side of the coin? The professional fraudster…
Read More
Company wins award back-to-back years for Hybrid Intelligent Systems category Burlington, MA, April 4, 2023 – OrboGraph, a premier supplier of check processing automation and fraud detection software and services, announced today that the company was selected as the winner of the prestigious 2023 AI Excellence Award in the Hybrid Intelligent Systems category for its…
Read More
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
As reported at Mobil App Daily, competition in the banking industry is fierce and at a consistently high level — a good situation for consumers, and an ongoing challenge for the banks themselves. They want to dramatically improve the experience their consumers receive from their optimized digital banking services by utilizing the next-generation banking platform.…
Read More
Check alterations by employees can be an issue City government employees sometimes alter checks to pay themselves They are usually small amounts and therefor rarely attract attention Over the past year, most of the media coverage has spotlighted post office insider check fraud — where a postal employee is responsible or part of scheme to…
Read More
Check fraud is surging, particularly in business transactions Check fraud has a reputation as a low- or no-tech scam Scammers are “graduating” to high-tech strategies Abrigo’s new and informative downloadable PDF, Check Fraud: New Tech Driving Old School Scam by Kate Stoneburner, is a succinct look at the ways in which modern scammers are deploying…
Read More
PYMNTS talked to Manish Jaiswal, chief product and technology officer at Corcentric, about the ways AI technology can and will improve business payments by making them faster and — most importantly — safer. Source: PYMNTS.com “Real-time payments processing is becoming a reality in B2B,” Mr. Jaiswal noted. Still, there are challenges to address. Most companies, no matter the…
Read More