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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!

Payments Innovation Continues Outside of BanksA recent article in the ABA Banking Journal by Chris Nelson, founder and CEO of Zoot Enterprises, highlights two major players, outside the traditional banking payments industry, taking another run at the payments business.

Amazon and PayPal have been plotting their strategies on how to continue to build brand awareness and penetrate a greater percentage of payments. Paypal already has an amazing growth curve and its continuing. Did you know that PayPal customers made 846 million transactions in Q4 2013, or more than 9 million payments every day? Pretty amazing numbers, albeit it does have a very large driving in eBay.

PayPal’s unveiling a new solution called Payment Code. It is a continued refinement of mobile wallet payment technology at retail locations. “Payment Code technology works with merchants’ existing infrastructures to allow shoppers to pay more easily with their PayPal accounts at checkout. Customers use apps that generate QR codes that are readable by merchants’ scanning devices. Alternatively, PayPal sends a four-digit code (for one-time use) to the customer that can be entered into card-reading terminals,” says Nelson.

Amazon, with the continual growth on online and mobile transactions, are trying to drive the cost of an online transaction fee to as low as 1.9% and are offering a plethora of ways to accomplish it.  Amazon is now offering Log-in and Pay with Amazon. Partner sites can use a payments button that reads “Pay with Amazon” creating a seamless customer experience and expanding the merchants’ online reach to the reportedly 215 million active Amazon account users. Consumers can go from browsing to buying anywhere as effortlessly as possible. Perhaps most powerful to this solution is the slogan, “Make Amazon’s customers your customers.”

These major players will continue to innovate at high rates of speed. Will they create critical mass and erode bank/credit card market share? They sure hope so…

 

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