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Check out our reservoir of information related to check recognition and healthcare payment technologies. We frequently update this section with the latest news, trends, and analysis of the banking and healthcare industries.

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Platform Modernization

Both the financial and healthcare industries are undergoing modernization initiatives in check payments and remittance.  See how OrboGraph is using AI, self-learning and deep learning models to drive innovation in these industries to deliver workflow automation.

Platform Modernization

Modernizing payments in the banking and healthcare industries

AI, Self Learning & Deep Learning Technologies

Optimized AI and deep learning models for the automation of check processing and healthcare posting

Operationalizing AI & Self Learning in Checks

Revolutionizing check processing and fraud prevention for the banking industry

Delivering Healthcare Payment Electronification

Increased accuracy levels, decreased error rate for healthcare payments posting

Product Videos

See how each product/service module of OrboAnywhere and OrboAccess delivers value from our check and healthcare payment platforms

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Healthcare Payments

OrboAccess automates remittance and payment posting as well as enables full research and business intelligence analysis for RCM companies, clearinghouses, billers, and providers.

Access EOB Conversion

Delivers EOB/EOP electronification with information intelligence via AI and deep learning technologies

Access Correspondence Letters

Extracts posting data and tracks reimbursement progress via workflow management

Access Payment Reconciliation

Streamlines the reconciliation process of ERA, ACH, EOB and checks

Access Patient Payments

Automates patient payments for posting

Access Denial Intelligence

Spotlights trends in denials to reduce receivables via prevention

Healthcare Payments Automation Center

Scalable, reliable, flexible cloud-based hosted data center on Amazon Web Services (AWS)

Modernizing RCM with AI

An informative resource to assist RCM companies in understanding how to solve today's problems with the help of AI.

Check Processing

OrboAnywhere automates paper originated payments (i.e. checks, money orders, drafts) and remittances for balancing and posting while reducing risk and losses in the areas of check fraud, payment negotiability and compliance.

Anywhere Fraud

Transaction and image analysis for on-us and deposit fraud detection of counterfeits, forgeries, and alterations.

Anywhere Recognition

Divergent multi-engine CAR/LAR, ICR, OCR & AI check recognition for the Omnichannel

Anywhere Validate

Validate payment negotiability of paper originated items

Anywhere Payee

Match, read, and validate payees for risk and operational workflows

Anywhere Positive Pay

Payee name verification of business checks using issue files

Anywhere Compliance

Mitigate risk in check payments for OFAC, BSA/AML, UCC, Reg CC, and KYC

Traditional Products

Based on the Accura XV platform

Modernizing Omnichannel Check Fraud Detection

An informative blog series exploring payments fraud and image technologies used to fight financial crimes.

Matt Rourke – AP

Congress passed a $2 trillion stimulus bill — the largest in United States history — that promises to revive a coronavirus-stricken economy. These are payments that will be sent directly to Americans, with many adults getting $1,200. For every qualifying child age 16 or under, the payment adds an additional $500. The plan is for a single payment, but future bills could order up additional disbursements as well.

The US Government plans to make as many payments as possible via direct deposit for people with bank accounts. But what about those who don’t have a bank account?

That turns out to be a significant portion of the population. According to a 2017 survey by the Federal Deposit Insurance Corp, twenty-five percent of U.S. households are unbanked or underbanked. That means they either don’t have an account, or have an account that charges fees or does not offer direct deposit services.

Source: 2017 FDIC National Survey of Unbanked and Underbanked Households

The math is daunting: That works out to potentially as many as 29.43 million households that will need a paper check mailed to them and then deposited. That does NOT take into account households who don’t have direct deposit information on file with the IRS – – which is 20% of taxpayers, adding an additional 29 million persons at the high end. Many of them are millennials, who have little experience with checks.

UPDATE: On March 30, the I.R.S. said on its website that it would build a portal where people can update their information “in the coming weeks.”

Even if the total is substantially lower than 40-50 million, this introduces pretty significant issues.

  • Americans could end up waiting as long as four months for relief if they don’t have their direct deposit information on file with the IRS. The IRS can only mail roughly 20 million checks per month; there could be up to 60 million persons needing checks.
  • Up to 60 million checks entering the financial eco-system at one time could add stress to select deposit systems, particularly fraud prevention. And, let’s remember that the check must be deposited and paid, so that’s actually 120 million+ total transactions.

Financial institutions’ ability to absorb a huge wave of deposits and efficiently detect fraud attempts will test every system they have in place. FI’s, having previously pursued efficiencies in check processing and fraud prevention in order to remain competitive in the marketplace, should be able to deliver expedited funds availability — something which is of utmost importance to the large number of Americans facing immediate financial stress.

Automated check recognition, field negotiability testing, along with image analysis provide the underpinnings to streamlining these deposits, along with protecting bank accounts from fraud.


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

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