Industry News Brought to You by Institute of Commercial Payments: News - Industry

Check Usage Declines as Digital Payments and AI Drive B2B Shift

Thursday, July 10, 2025   (0 Comments)
Posted by: Sierra Lindemann
A new report by Transcard highlights 97% of European B2B payments are account-to-account (A2A), compared to just 41% in the U.S.—where paper checks still persist. Meanwhile, 70% of organizations surveyed are already using or exploring AI to automate risk analysis, optimize cash flow and forecast receivables. With 94% expecting real-time payments to become standard, the B2B payment landscape is rapidly evolving away from legacy systems.

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