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It is with heavy heart that we announce the passing of Phyllis Meyerson, a cherished friend of OrboGraph and a highly respected member of the check community, on October 15, 2025. Phyllis will be fondly remembered by her friends and colleagues for her intelligence, spirited nature, and generosity. She consistently remained true to herself and…
The Milwaukee Business Journal hosted a Table of Experts to explore Check Fraud While the number of checks has gone down, their individual value has gone up A.I. is growing more and more integral to spotting fraud During the most recent Milwaukee Business Journal’s “Table of Experts” discussion, a group of industry experts gathered to…
Check deposit fraud is rising, with criminals targeting business accounts. Bank branches see most check fraud due to less staff training Better training and AI are key to stopping check fraud Check fraud is on the rise across the United States, with metro areas emerging as key hotspots. The main reason is the concentration of…
There are roadblocks to innovation in the banking industry Negatives can be turned to positives One way to deploy new technologies is working with new vendors Innovation in the banking sector faces persistent roadblocks that hinder transformation and progress, as explored by Paweł Stężycki in Netguru’s insightful article “Seven Barriers To Banking Innovation and How…
Gen Z is becoming recognized as a prime fraud target A quarter of Gen Z fraud victims do not report incidents Financial institutions have stepped up educating their customers WebWire’s report on the latest Barclays Scams Bulletin has revealed a worrisome trend among Gen Z: A striking 35% of young adults would be willing to…
Financial crime data for 2025 is sobering These crimes are interconnected A FRAML approach to fraud strategies is recommended As digital and financial environments continue to evolve, so do the fraud threats that face American consumers. In a recent post from Forbes, Dr. David Maimon paints a sobering portrait of consumer-targeted financial crime in 2025,…
U.S. Treasury Department has officially “eliminated” paper check disbursements — with many exceptions New resources page published by the U.S. Treasury to assist in transition How will this impact inancial institutions? As many are aware, as of September 30, 2025 the US Government has officially ended distributing paper check disbursements. According to the NTA Blog,…
Companies lost 7.7% of their annual revenue to fraud in the past year The United States has a fraud loss rate that is 27% higher than the global average U.S. House Committee on Financial Services recently convened to discuss the issue Fraud is inflicting record-setting damage on businesses worldwide, according to TransUnion’s H2 2025 Global…
Major populated regions and business attract more check fraud A look at which states rank highest for check fraud per 100K population New tools offer a path to lower fraud incidents in the future Back in May of this year, we wrote a post pointing out which regions of the USA were “hotspots” for mail…
The U.S. government plans to eliminate paper checks in federal payments Small businesses face a challenge Local merchants, contractors,& independent service providers rely on checks PYMNTS takes a look at the U.S. government’s move to eliminate paper checks in federal payments, which is accelerating digital payment adoption for the government while creating ripple effects for…