Uncategorized
SEON survey shows 98% of organizations already embed AI in fraud, AML workflows Budgets for AI-driven fraud and AML tools are rising, but systems remain fragmented AI augments fraud and AML teams, automating volume while humans handle complex investigations In the recently published report entitled AI Reality Check, 2026 Fraud & AML Leaders Report, SEON…
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.
AI in banking should reduce friction and elevate staff, not replace people Automated check processing with AI streamlines deposits, reallocating staff to revenue tasks XAI‑driven check fraud tools prioritize alerts, enabling faster, more confident analyst decisions In a recent Forbes Finance Council post, Paul Davis of Bank Slate Consulting argues that AI’s greatest risk in…
Harsher bank-fraud sentences may deter some offenders, but evidence remains mixed Longer prison terms alone rarely change systemic incentives that make fraud profitable Strong oversight, rapid detection, and credible enforcement often outperform sentence length increases One often ignored factor that help drive the surge in check fraud is the fact that the punishment for committing…
Blank check stock is a critical upstream asset for check fraud Fraud rings mass-produce counterfeit checks using blank stock and digital tools Stronger controls around procurement and issuance can disrupt this fraud pipeline Blank check stock has become one of the easiest “upstream” tools for check fraudsters to obtain and weaponize, turning ordinary office supplies…
Banking is shifting rapidly toward AI-powered cognitive enterprises and automation SEffective intelligent automation requires human oversight, governance, and coordinated orchestration OrboGraph applies specialized AI to improve payments, fraud detection, and anomalies A recent article published on Forbes.com takes a look at the evolution of technology from simple banking automation to a cognitive enterprise model where AI learns,…
Performance-based incentives can motivate staff to detect check fraud and protect customers Incentives must be paired with strong training on schemes, red flags, and escalation Overly aggressive vigilance can hurt customer experience if legitimate checks face delays Solving the challenge of check fraud is not just an investment in technologies, it is an investment in…
The episode unpacks modern check fraud, blending old-school scams with advanced AI deception A real-world victim story shows how creative freelancers are targeted through “dream” jobs Overpayment schemes, fake checks, and job scams are explored Did you know the concept of “checks” goes way back thousands of years? According to a blog post from Superior,…
Fed request to rethink check clearing sparks strong pushback from industry leaders Fed Vice Chair of Supervision & small business advocates argue checks remain vital for payments Critics warn eliminating Fed check services risks cash flow and market stability Over the past handful of years, we’ve seen so-called industry experts and pundits, along with mainstream…
Generative AI drives a surge in deepfakes and instant-payment fraud Banks deploy AI to monitor transactions and block attacks in real time Behavioral analytics reduce false positives, protect revenue, and strengthen customer trust AI is rapidly reshaping the fraud landscape, and a Mastercard.com post argues that banks can no longer afford to treat it as…