OrboGraph

09/09/2025

CI-FIRST puts feedback into SARs.

With 682k check-fraud SARs in the past year, clarity and two-way communication help connect cases faster—especially at the point of deposit. Pair that with consortium-style data sharing and AML + fraud working in one system, and you get earlier detection and stronger outcomes.

CI-FIRST (Feedback in Response to Strategic Threats), launched in 2025, aims to break this cycle by forging a genuine feedback loop.

04/09/2025

The Federal Reserve is embracing financial technology (fintech) innovations like tokenization, smart contracts, and especially artificial intelligence (AI) within payment systems as part of its research into payment modernization.

Speaking at the Wyoming Blockchain Symposium, Governor Christopher Waller emphasized that engagement with industry innovators is crucial as the lines between traditional finance and digital assets continue to blur.

​​​​​​​His message is clear: The success of private-sector initiatives like stablecoins and AI-driven fraud detection is shaping the future of payments. And the technologies implemented today are laying the groundwork for tomorrow’s success.

Read more about the Fed’s perspective and what it could mean for financial institutions here:

The Federal Reserve is adopting fintech solutions The private sector has blazed a trail Technologies implemented today lay the groundwork for tomorrow’s success PAYMENTS DIVE reports that the Federal Reserve is making strides towards embracing financial technology (fintech) innovations like tokeni...

03/09/2025

Consortium data is essential, but it’s only part of a robust solution for deposit fraud.
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Consortium data is one of seven layers of deposit fraud recommended by OrboGraph and other industry experts.

Combined analyzers generate a composite risk score for each deposited check, elevating detection of counterfeits, forgeries, and alterations and delivering robust, reliable outcomes.

​​​​​​​See the seven-layer breakdown– and where consortium data fits – in today’s post. [link]

https://orbograph.com/from-siloed-to-shared-the-consortium-approach-to-battling-check-fraud/?utm_source=social+media&utm_medium=facebook&utm_campaign=siloed+to+shared&utm_id=fraudblog

02/09/2025

Are real-time payments the answer to check fraud?

According to PYMNTS Intelligence and The Clearing House, fraud is 31x more likely on checks than on RTP, yet many financial institutions remain disproportionately worried about RTP fraud.

The reality is that pushing for RTP adoption won’t eliminate check fraud.

Businesses and individuals continue to rely on checks, deeply engrained in their processes and behaviors.

​​​​​​​Even in the U.K., where efforts to phase out checks have been underway for years, eliminating them has proven nearly impossible.

As long as checks remain, fraudsters will exploit them. The true solution does not lay in forcing shifts in customer behavior; it’s deploying technology that can better detect on-us and deposit fraud.

Banks are significantly more concerned about security risks in RTP, real-time payments, than the data justifies.

26/08/2025

Mule operations are not just a US problem – it’s a global problem. Organized crimes rings have moved from disguising their location with old VPNs and proxy tools to newer tactics, including “device muling” – where, rather than simply passing login credentials, “fraudsters shipped preconfigured smartphones across borders,” making tracing much more difficult.

Fortunately for financial institutions (FIs), there is a key to detecting this type of fraudulent activity: Patterns. FIs have the tech available to them to detect deposit fraud activity and mule accounts, but they need to ensure they are deploying them.

Read more about global organized crime rings, their latest tactics, and how FIs can disrupt their operations.

“Money mules” are a much-used tool in fraud operations “Mule operators” are evolving along with technology Behavioral analytic systems are key for detection mule activity Money mules are a major component of fraud operations of organized crime rings. From opening legitimate accounts at finan...

21/08/2025

Despite widespread dissatisfaction with legacy core providers, most banks are hesitant to switch due to the high costs, disruption, and risk involved in core conversions. The move to modernization has never been more important to retain current clients and attract new business.

The banking industry’s primary challenge is not reinventing core processing systems Effective integration with modern, customer-facing technologies is the key Not all banks are ready to undertake the expense and upheaval of a core conversion According to a recent opinion piece on the BAI website b...

20/08/2025

Every content creator wants to create that one video that goes viral. But, what happens when the video instructs individuals to unknowingly commit check fraud?

We recently saw the damages caused via the “Infinite Money Glitch” hack, and now the FTC has issued a warning on a similar scheme that has continued the resurrection of Check Kiting.

WBTV in Charlotte, NC reports a “money hack” that involves an individual writing a check (with insufficient funds), depositing it into their own account, and withdrawing funds before processing.

And, while banking professionals understand this is fraud, many individuals are unfamiliar with the check clearing process and subsequently follow the instructions to their own dismay.

Learn more about the not-so-new “money hack” and how financial institutions can address it.

https://orbograph.com/is-social-media-resurrecting-check-kiting/

14/08/2025

For many banks, legacy systems are like anchors, keeping them tethered to outdated processes while customer expectations race ahead.

These systems are costly to maintain, difficult to secure, and often incompatible with the AI technologies that could make operations more efficient and customer experiences more seamless. It’s no wonder over half of banking executives worry about the “technology debt” these systems create.

Some institutions choose incremental change, slowly updating their existing systems. Others take a progressive modernization approach, using APIs and digital wrappers to bridge old and new. The boldest replace their cores entirely for a faster transformation.

The good news for banks is that fintech partners, service bureaus, and core processors have already done much of the heavy lifting — integrating advanced solutions that can be deployed without draining internal resources.

Large financial institutions can work directly with fintechs like OrboGraph to integrate advanced AI solutions — achieving read rates over 99% with 99.5% accuracy.

Mid-size, regional, and community banks can tap into the work their service bureaus and core processors have already done, deploying cutting-edge solutions without the heavy internal lift.

The path to modernization may be complex, but it’s also more achievable than ever.

See how banks are breaking free from legacy limitations with the help of strategic partnerships in our latest OrboNation blog post.

Some banks are struggling to modernize outdated systems. Customer expectations demand that banks keep up. Many financial institutions are able to modernize through various partnerships According to a recent Samsung Business Insights article, banks are struggling to modernize their outdated legacy te...

13/08/2025

The Federal Reserve has released a new Check Fraud Mitigation Toolkit, and it reinforces the multi-layered technology approach we’ve been advocating for years.

the United States Federal Reserve has created and published two valuable new resources The Fed are proponents of a multi-layered tech approach Educating the industry is vital Recently announceed via LinkedIn, the United States Federal Reserve has created and published two new resources – the Check...

12/08/2025

Not all check security features are created equal. Some vanish during processing, while others remain – and those survivors can be powerful weapons against counterfeiting.
Using advanced image forensic AI in OrboAnywhere Turbo, these surviving features are analyzed for shape, size, placement, and consistency, giving financial institutions the insight they need to detect fraud before it causes losses.
This capability is just one example of how technology is adapting alongside fraud tactics — and it’s a topic we’ll explore in depth at our Innovation Conference and Check Fraud Roundtable, September 15–17 in McLean, VA.
Check out the latest blog to see which features survive processing and why they matter more than ever in today’s fraud prevention strategies.

There are several security symbols on checks that can help detect fraudulent checks. These include microprinting, multi-colored backgrounds, and chemical reactive check stock OrboGraph’s upcoming Innovation Conference and Check Fraud Roundtable explore these issues, among many others A few weeks a...

07/08/2025

Singapore is officially phasing out corporate checks with new tech already live across major banks. But, will other countries follow – or is this a path only a few can take?

Back on July 28, 2023, the Monetary Authority of Singapore (MAS) made an announcement to eliminate corporate paper checks by the end of 2025.

06/08/2025

How exactly are criminals using AI to commit check fraud?

A recent article by Kurt "CyberGuy" Knutsson brought national attention to the issue and the reality is even more complex than most coverage reveals.

Generative AI is being used to create counterfeit checks with just a few prompts. Add in synthetic identities, business email compromise (BEC), and duplicate mobile deposits, and the threat is no longer just evolving, it's accelerating.

Meanwhile, financial institutions are fighting back with AI-powered tools of their own.

Image forensics, behavioral analytics, and transaction monitoring are now essential to detecting fraudulent checks before funds are released — protecting both the BoFD and the paying bank.

It’s a battle of AI vs. AI.

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Learn how both sides are using it, and what your institution needs to know, in today’s blog.

FOX News recently covered the topic of check fraud The segment examined emerging techniques, including AI Some of FOX’s information requires clarification In a recent article, FOX News informs its readers on the dangers of check fraud, going through the basics of how it’s committed, while also e...