Sherlock 5.3 is the latest release for our OrboAnywhere Suite of Check Fraud Detection and Automation solution suite.
Check fraud is being fueled by the sale of stolen checks on the dark web. Watch the exclusive interview between Dr. David Maimon and Joe Gregory to uncover the secrets of the stolen check marketplace.
We are fraud fighters preventing on-us and deposit fraud by utilizing image forensics and transaction analysis.
99% automation with 99.5%+ accuracy on checks for teller capture, lockbox, mobile, RDC, ATM, and inclearing amount verification.
May 30, 2024
Collapse of Synapse Highlights Need for Neobanks and Traditional Banks to Choose Stable Partners
OrboGraph Announces Successful Check Fraud Roundtable and Innovation Conference
Highlights Include Check Fraud Trends, SARs Analysis, OrboAnywhere Sherlock 5.3, and Deposit Frau
Burlington, MA, May 23, 2024 – OrboGraph, a premier supplier of check processing automation and fraud detection software and services, reports successful Check Fraud Roundtable and Innovation Conferences on May 14-16, 2024, at the Hilton Tampa Downtown. These two distinct meetings brought together check fraud professionals from financial institutions and representatives from leading fraud solution providers and service bureaus. The conferences addressed ongoing on-us and deposit fraud challenges and presented solutions including the latest features of OrboAnywhere Sherlock 5.3.
“The OrboGraph Check Fraud Roundtable and Innovation Conferences provided a unique opportunity to bring together financial institutions, fraud technology vendors, and services bureaus to discuss ever-changing on-us and deposit fraud challenges, while also receiving invaluable feedback from our clients/partners to improve upon our technologies,” said Barry Cohen, CEO at OrboGraph.
Innovating Payments: Automation and Fraud Detection
Financial institutions need continued innovation to stay ahead of the modernizing banking ecosystem. The OrboAnywhere platform utilizes OrbNet AI -- Artificial Neural Networks (ANN) based on deep learning models -- to increase read rates of over 99%+ on checks -- achieving true automation in check processing.
AI-based innovations in field detection, classification, and fraud scoring has enhanced check fraud detection capabilities. OrbNet Forensic AI technology delivers 95%+ detection rates on targeted use cases.
4000+
End-User Clients Impacted by OrboGraph Software.
99%+
Targeted read rate on checks using OrbNet AI technology.
10-11 Billion
Estimated total checks issued per year in the US.
Altered Checks
Hottest check fraud trend according members of Check Fraud Roundtable.
New Resources
OrbNet Forensic AI Receives
2024 AI Excellence Award
– Hybrid Intelligent System
Article: OrboGraph Recognized as “Top 5 Fraud Detection & Prevention Software Companies”
Top 5 Vulnerabilities and
Trends in Check Fraud
for 2023
