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Image Analysis: It’s a Lot More than Fraud Detection

October 13, 2020

We’ve discussed at length the ways in which Image Analysis is a crucial tool in preventing and detecting check fraud. For instance, image analysis is deployed to “see the attributes of an image” and compare that to previously cleared checks for match purposes.

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Interactive Webinar: Insights in Data, Check Fraud Mitigation & Deposit Automation

October 7, 2020

As we continue to explore the check fraud trends in 2020, an OrboGraph/Alogent collaboration brings this exciting webinar: The Future is Now: Industry Insights and the Role of Data to Mitigate Check Fraud and Modernize Deposits. In this unique webinar/streaming session, hosted on Thursday, October 22, 2020 from 2:00 – 3:00 PM EST, we will discuss…

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Real Time Payments: Still No Match for the Check

October 7, 2020

The “death knell” for checks has been sending false alarms for a decade; year after year we are told it’s time for checks to fade away, and 2020 is no different. However, the paper check hangs on and remains undeniably popular in spite of the frequency with which it is derided.

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Check Fraud in 2020: What’s Really Happening?

October 6, 2020

The ABA Deposit Fraud Account Fraud Survey is the “official” industry benchmark when it comes to fraud trends and losses for banks and financial institutions. The latest version, released on January 1, 2020, is labeled as the 2019 report. The survey provided great depth and illustrated that fraudsters “went a little crazy” from 2016 to…

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FDIC Survey Shows 20+% Bank Deposit Growth

September 30, 2020

Predicting an economic recovery in today’s COVID-19 environment is far more complex than reading traditional individual economic indicators. As seen by the recent run in the stock market, there are certain market components somewhat disassociated from traditional indicators, i.e. unemployment rate, GDP growth, etc.

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As Businesses Physically Reopen, Fraud Adapts Toward Consumers

September 29, 2020

Research by TransUnion, whose flagship fraud prevention solution IDVision® with iovation® gives them intelligence from billions of transactions and more than 40,000 websites and apps, recently released their quarterly analysis of global online fraud trends found that fraudsters are decreasing their schemes against businesses, but increasing COVID-19 focused scams against consumers online.

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ORBOIMPACT: Virtual Conference for RCM Electronification via AI

September 29, 2020

In a little over a month, OrboGraph will host the ORBOIMPACT Virtual Conference: AI Innovation for Check Payments, Check Fraud, and Healthcare Remittance Automation.

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Get Ready for ORBOIMPACT: AI Innovation for the Future of Check Processing

September 28, 2020

In a little over a month, OrboGraph will be hosting it’s first virtual conference since 2014: ORBOIMPACT Virtual Conference: AI Innovation for Check Payments, Check Fraud, and Healthcare Remittance Automation.

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A New Angle for Check Fraudsters: Job Recruitment?

September 23, 2020

It’s a story becoming more and more common, unfortunately: On May 19, Stephen Holder of Franklin, WI lost his job because of COVID-19. Not to worry. Four days later Stephen got an alert for for a remote position via CareerBuilder. Things were looking up! Or were they?

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Is Artificial Intelligence Delivering Near-Magical Results?

September 21, 2020

The notion that AI will magically transform healthcare is a bit fantastical, but those who are not familiar with the technologies may imagine a machine replacing a physician or other healthcare worker completely. This misconception is common, and Healthcare IT News reports provides an interesting perspective from an expert panel during the HIMSS & Health 2.0 Europe Digital Conference.

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