Skip to content

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!

Here's a paradox we enjoy seeing: Although there is a proclamation that "checks are in decline," and "checks are alien to Millennials," we see a forward-looking, technologically innovative payroll infrastructure startup system launch and call itself -- Check.

Check Technologies, Inc. (it's full business name according to their website) recently announced that they have closed $35M in Series B funding led by Stripe and Thrive, bringing their total raised to $44M.

According to Pymnts.com:

“We built Check to enable innovation in the way people get paid, and I’m thrilled to share our public launch,” said Check Co-Founder and CEO Andrew Brown in the release. “With Check, developers can now build wage payments into their apps just as easily as accepting an online payment.”

check technologies logo

Long story short, Check is a payroll-as-a-service API that allows embedding payroll directly in vertical SaaS, HR, or time-tracking platforms. Still, one cannot help but note that this particular "innovative new frontier" is leveraging -- right out front -- the sturdy, reliable term "check." And perhaps ironically, most HR systems require a voided paper check be submitted to set up a direct deposit for new employees influenced the name as well?

With a business name simple as "Check Technologies, Inc." which combines two well-known and well-utilized terms, it was surprising that the name was available at all. A simple search on the US Patent and Trademark Office website reveals 9492 different business names with the word "check," yet with the numerous definitions of the term, it is astonishing that "Check Technologies" was still available.

Which makes one also wonder if they'll alter it to "Cheque" for the European market...

"The check is in the mail." "Bad for the checkbook." "Two-paycheck household." "Paycheck Protection Program." The term "check" continues to be synonymous with sending/receiving payments. While digital payments are certainly growing steadily in mainstream popularity, millions of Americans, and most notably busineses  around the globe still regularly write checks and will continue to use the term colloquially.

check envelope reduced

With all that being said, the payments industry and consumers are still comfortable utilizing paper checks -- let's not forget the US government mailing millions of stimulus checks -- and companies like Check Technologies, Inc. and OrboGraph continues to invest in new technologies to drive innovations in the payments industry. In fact, OrboAnywhere Version 4.1 is on it's way, featuring a forensic approach to fraud detection -- so be on the lookout for updates!

Validate wide

This blog contains forward-looking statements. For more information, click here.

Leave a Comment





Review your needs with an OrboGraph expert.

Sign up below for your complimentary assessment or to request
estimated solution pricing from OrboGraph.