From Risk to Realignment: How FIs Are Combatting Check Fraud in Commercial Receivables
Check fraud isn’t going away. It’s evolving. And financial institutions are increasingly in the crosshairs.
In today's digital-first environment, many businesses still rely on mail-based payments.
In fact, traditional check payments account for 42% of all B2B transactions.* But inefficiencies in the U.S. Postal Service (USPS) are creating significant challenges, leaving businesses vulnerable to delays, lost mail, and fraud risks.
These disruptions are straining businesses and their cash flow, highlighting the urgent need for reliable, online payment options that eliminate dependence on the postal system and keep operations running smoothly.
Beyond the Federal Phaseout: How FIs Are Realigning Payment Operations
The Federal Shift to Digital Payments Signals a Broader Change—But Checks Aren’t Disappearing Overnight In March 2025, the U.S. federal government...
