OrboGraph Launches #OrboIntelligence Check Fraud Hub
The banking industry is experiencing a dramatic increase in check fraud attacks, affecting a wide range of customers and workflows. For example, the OrboGraph Check Fraud Blog reported the following BAI Research: 62% of banks indicated that third-party check fraud is their biggest issue, and 59% of banks indicated that first-party check fraud is their biggest issue. One of the major sources of check fraud is over 2,000 assaults and robberies of U.S. Postal Inspection Service carriers and mailboxes -- a 1300% increase.
- BILLERICA, Mass., Nov. 17, 2022 (GLOBE NEWSWIRE) -- OrboGraph, a premier supplier of check processing automation and fraud detection software and services, announced today the launch of the #OrboIntelligence Check Fraud Hub ( www.orbograph.com/orbointelligence-check-fraud-resources-hub/ ) - a dedicated microsite resource centralizing primary and secondary research, industry trends, and third-party reports in the field of check and payments fraud.
- For example, the OrboGraph Check Fraud Blog reported the following BAI Research : 62% of banks indicated that third-party check fraud is their biggest issue, and 59% of banks indicated that first-party check fraud is their biggest issue.
- As a leader in check fraud detection, OrboGraph is supporting the banking industry in fighting fraud by developing a resource hub for published information and data regarding check and payments fraud.
- "During the OrboGraph Check Fraud Roundtable , we discovered a need to support our existing and prospective clients with a microsite consolidating fraud reports within the industry," stated Joseph J. Gregory, Chief Strategy Officer at OrboGraph.