Key Findings: 2026 Receivables Study

The 18-Month Receivables Window:
Key Findings for Financial Institutions

CheckAlt's 2026 Receivables and Payment Processing Study examines how financial institutions are evaluating modernization priorities, investment plans, and barriers to action.

The market is moving. The time to act is now.

75%

75% of financial institutions are actively evaluating or planning to evaluate receivables and payment processing vendors or technology within 18 months.

Months

75% of FIs are evaluating, or plan to, within the next 18 months.

Receivables modernization is moving from an operational consideration to a strategic planning priority for financial institutions.

Integration, investment plans, IT capacity, and competitive risk are now shaping how they evaluate technology options and prioritize the next 18 months.

Key findings at a glance

The findings point to a clear pattern: evaluation activity is rising, integration is shaping vendor decisions, revenue opportunity is part of the business case, and IT constraints may determine how quickly modernization moves forward.

80%

Integration is shaping vendor decisions.

80% rank core integration among their top vendor evaluation factors.

88%

Revenue opportunity is driving action.

88% believe improved receivables and payment capabilities could increase commercial banking revenue.

67%

Budget is following the opportunity.

67% are increasing spend on receivables and payment processing technology over the next 12 to 18 months.

58%

IT constraints may slow progress.

58% identify competing IT priorities as a leading barrier to modernization.

29%

Delay can create competitive risk.

29% say loss of commercial clients to competitors is the greatest risk of stalled modernization.

What this means for financial institutions

Taken together, the data points to a practical next step: financial institutions need to define what receivables modernization should solve, then align provider evaluation, internal resources, and implementation planning around those priorities.

The next 18 months are a critical planning window for receivables and payment processing evaluations.
Integration is no longer a technical detail. It is shaping vendor shortlists and implementation readiness.
Financial institutions see revenue opportunity, but internal IT capacity and competing priorities may slow action.
Delayed modernization can create client retention, revenue, and competitive risk.

Download the full report CheckAlt.com/receivables-study

Source: CheckAlt 2026 Receivables and Payment Processing Study, managed by Datos Insights.

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