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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!

In a world where COVID-19 has made on-site collaboration a more and more distant memory -- with no end in sight for the growth of remote work as the norm -- PaymentsJournal reports:

The need for automation has never been more pressing. Clients want quick, efficient solutions that enable them to do more with less. From lending decisions to payments risk management, only technology can provide the necessary support that businesses need.

 There are a plethora of Fintech technologies currently available or being developed to automate payments processing.

Entering 2021, financial leaders will need to manage increased uncertainty caused by the pandemic. To quickly respond to changing environments, agility and flexibility will be necessary for business planning and modeling. The accounting function will need to consolidate to create synergies and efficiencies wherever possible. Additionally, the entire industry will need to remain future-focused to ensure survival during these challenging times.

The Journal further reports that key fintech players -- like banks and firms -- will assuredly invest in modernizing their processes and payment methods. They point out that in 2019, the Association for Financial Professionals noted that 70% of organizations were still experiencing check fraud (fraud trend has continued in 2020-2021 --see Modernizing Omnichannel Check Fraud Detection) -- with manual processes identified as a core operational problem.

With this in mind, banks and financial institutions are focusing their attention on automation, particularly with many companies still operating in remote environments. According to McKinsey & Company, finance departments have reduced operational costs by 30 percent over the past decade, and the next ten years will see even more efficiency added.

This has led to breakthroughs in Artificial Intelligence and Deep Learning technologies leading the way in automation. For check processing, we are seeing an unprecedented 99%+ automation with Anywhere Recognition with OrbNet AI (see chart below)

OrbNet Ai Automation Chart

The introduction of OrbNet AI has transformed the check processing industry, allowing banks and financial institutions to achieve levels of automation not seen before. Complete the form below to see the receive a Check Automation ROI Analysis for your organization.

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