Overview
Kinective has acquired Orbograph, a leader in AI-powered check recognition and fraud prevention, to enhance its capabilities in addressing check fraud, which has surged 385% since the pandemic. This strategic move aims to provide financial institutions with advanced protection, leveraging Orbograph's technology that boasts over 99% read rates and 95% fraud detection success. The acquisition is part of Kinective's ongoing expansion to deliver intelligent banking solutions to over 4,000 financial institutions.
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Kinective has acquired Orbograph, a leader in AI-powered check recognition and fraud prevention, to enhance its capabilities in addressing check fraud, which has surged 385% since the pandemic. This strategic move aims to provide financial institutions with advanced protection, leveraging Orbograph's technology that boasts over 99% read rates and 95% fraud detection success. The acquisition is part of Kinective's ongoing expansion to deliver intelligent banking solutions to over 4,000 financial institutions.