PENSACOLA, FL, November 6th, 2014 – Orbograph, a premier supplier of recognition software for U.S. check and lockbox processing markets, as well as electronic/paper automation solutions in healthcare revenue cycle management, announced today that its Desktop Check Analyzer (DCA) system, using Silver Bullet’s Ranger® API, is supporting industry adoption of Payee Name Verification (PNV).
Orbograph introduced DCA as a tool to help optimize positive pay systems using PNV functionality to reduce check fraud by identifying payee alterations. DCA scans business checks from corporate clients, generating images for the financial institution to test for high levels of automation and payee readability for the PNV matching function. If the checks are prone to fraud alterations or have poor readability, a report is generated for the client.
Silver Bullet’s Ranger API is a software tool designed to allow applications like DCA to utilize a wide variety of check scanner types, including those manufactured by Burroughs, Canon, CTS, Cummins-Allison, Digital Check, Epson, MagTek, NCR, Panini, RDM and Seac Banche. Software developers enjoy the benefits of a single check scanner interface and the freedom to mix and match check scanner types.
The use of the Ranger API enables banks with a focus on reducing fraud and expanding corporate cash management services to utilize existing scanners to easily and seamlessly pre-test documents, helping streamline the implementation process dramatically,” stated Joe J. Gregory, Vice President of Marketing at Orbograph.
“It’s great to see an innovative capability like PNV with DCA grab attention in the market place,” stated Bryan Clark, Chief Executive Officer at Silver Bullet. “Orbograph is a significant player in the check scanning industry, and we delighted to continue supporting Orbograph with this very unique solution offering.”
About Orbograph
Orbograph (www.orbograph.com), a subsidiary of Orbotech, is a premier supplier of recognition software for the U.S. check and lockbox processing markets, as well as electronic/paper automation solutions in healthcare revenue cycle management (RCM). Orbograph recognition technologies are “Enabling Transformation of the Check Experience” in over 1,600 financial institutions, service bureaus, clearinghouses and billers processing billions of checks and claims annually. Orbograph solutions are utilized by 20 of the top 30 U.S. financial institutions with in-house check processing. The cloud-based Healthcare Payments Automation Center (HPAC) is “Enabling Transformation of Healthcare Payments” by converting paper-based EOBs, correspondence and patient payments, normalizing ANSI X12 EDI 835 remittance advices and reconciling EFT/ACH payments to ERAs via reassociation. HPAC automates posting of receivables into patient accounting systems and hospital information systems, achieving straight-through processing levels of efficiency. For more information on Payee Name Verification: http://www.orbograph.com/payee-name-verification.htm. For more information on Desktop Check Analyzer: http://www.orbograph.com/desktop-check-analyzer-brochure.htm.
About Silver Bullet Technology, Inc.
Pensacola, FL-based Silver Bullet Technology is the foremost expert in check scanner interfaces and scanner emulation software. Silver Bullet’s Ranger software makes check scanners and ATMs plug-and-play compatible with existing check scanning software applications. For more information, visit www.sbullet.com.
Ranger is a registered trademark of Silver Bullet Technology, Inc. All other brands and products referenced herein are acknowledged to be trademarks or registered trademarks of their respective holders.
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