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AI Innovation

Both the financial and healthcare industries are undergoing an AI evolution. Review our vision for Artificial Neural Networks (ANN) and deep learning targeting these industries.

AI-Based Check Automation

Check recognition & fraud detection are the most important components in today's check processing and omni-channel capture. Learn how OrboAnywhere using OrbNet AI technology reduces costs and mitigates risk.

AI-Based Healthcare Electronification

OrboAccess, powered by OrbNet AI, provides electronification to remits and payments, enabling RCM companies to automate posting, improve research, and deliver business intelligence

About Us

Celebrating 25 years of innovation, OrboGraph has transformed into an AI company delivering targeted automation solutions to the banking and healthcare industries.

Resources

From news and events to case studies, trends, and videos, this section provides a range of information resources for payment automation in the banking and healthcare industries.

Blogs

OrboGraph produces four blog series on a weekly basis covering topics from check processing, fraud prevention, AI technologies, RCM, and healthcare electronification. Select one the blog to the right. We hope you enjoy!

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 2018 when you look at percentages -- a 76%+ increase in fraud attempts, resulting an increase of 70% in fraud losses! This makes it appear as if we have recent information on payment and check fraud trends -- right?

Check Image for blog-01

That was 2018. What's happening now? Is it the same trend or has fraud plateaued? If this past six months has taught us anything, expect the unexpected when it comes to 2020. Think about:

  • Payment and check volumes plummeted during the April and May due to COVID
  • Stimulus (treasury checks) checks and ACH payments started in April (Did fraud hit these payments hard?)

Almost every bank and credit union we speak with has a renewed interest in check fraud detection. But why?

Exploration of Check Fraud in 2020

Is check fraud spiking or declining?  If so by what percent? 

OrboGraph has created the Exploration of Check Fraud in 2020 survey to answer these questions. The industry needs to better understand the immediate trends and the check fraud "hot-spots".

We ask to take a 1-2 minutes to complete a short, 5-question survey on behalf of your institution by October 21st. The results and data will be shared with you via report summary. We will present the results during the upcoming ORBOIMPACT Virtual Conference. We will also reference that data during a co-branded webinar with Alogent.

Exploration of Check Fraud in 2020

Thank you in advance for your participation and look forward to sharing the results with you.

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