Uncategorized
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.
It’s no secret – check fraud is on the increase Organized fraudsters have made check fraud an industry Fraudsters make up in VOLUME what they can’t accomplish in QUALITY John Zollinger, Executive Vice President and Director of Commercial Banking at Home Bank, joined the Discover Lafayette podcast to discuss ways you can stay vigilant to…
PYMNTS.com reports on the move toward more efficient digital processes — accelerated, of course, during the trend away from in-person banking that began as a result of the COVID pandemic. It’s all in the latest Digital-First Banking Tracker®, wherein PYMNTS examines how FIs can realize savings in time and resources while offering customers an improved experience…
2021 saw a 41% increase in attempted fraud There are multiple causes for the increase DATA will be our weapon against further fraud NICE Actimize recently released “The 2022 NICE Actimize Fraud Insights Report,” which identifies and analyzes the leading fraud threats and patterns that impacted leading global financial institutions in 2021. The report makes clear…
The latest PaymentsJournal podcast, with guest speaker Chuck Doherty, Fiserv’s Director of Client Relations for Deposit Solutions, and Sarah Grotta, Director of Debit and Alternative Products Advisory Service at Mercator Advisory Group, discusses mobile check deposits, best practices to drive greater accountholder adoption, and the challenges financial institutions face as they continue to search for…
IDology’s annual fraud report is eye-opening There has been a surge in fraud related to the pandemic In fighting and preventing fraud, customer service must be balanced IDology, “the trusted leader in digital identity verification and authentication,” has released their eighth annual fraud report, entitled The Beginning of a New Chapter: COVID, the Rush to…
It’s no surprise that the banking industry has become more dynamic, trending towards technology to help meet ever-changing customer demands. While large financial institutions have the resources to adapt to these changing needs more quickly, community banks and small financial institutions must be more strategic, as each decision can drastically impact the business. Additionally, community…
While effective, the AI “black box” needs to be uncovered A closed environment invites errors and suspicion Explainable AI provides a solution In a recent blog post from Brighterion — a Mastercard company (founded in 2000 and acquired by Mastercard in 2017) that provides real-time artificial intelligence technology to 74 out of the 100 of…
The OCC’s senior deputy comptroller for midsize and community bank supervision, Sydney Menefee, recently spoke to American Banker about some of the changes she’s observed in the decade since the Office of the Comptroller of the Currency last overhauled its supervision of small and midsize banks. “The industry has evolved, and we have to evolve,…
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.