# Fed Finds B2B Payments Went Digital, but Paperwork Didn’t

> Federal Reserve reveals B2B payments digitized but data integration lags.
- Title: Fed Finds B2B Payments Went Digital, but Paperwork Didn’t
- Summary: Federal Reserve reveals B2B payments digitized but data integration lags. B2B payments have shifted to electronic methods but businesses still struggle to…
- Keywords: federal reserve, b2b payments, ach, check payments, remittance data, interoperability, supplier portals, erp systems, digital payments, b2b transactions, business, finance
- Source: Pymnts — https://pymnts.com/news/b2b-payments/2026/federal-reserve-finds-b2b-payments-went-digital-paperwork-did-not
- Author: PYMNTS
- Published: 2026-09-28T15:59:29+00:00
- Read time: 1 min
- Topics: federal reserve, b2b payments, ach, check payments, remittance data, interoperability, supplier portals, erp systems, digital payments, b2b transactions, business, finance
## B2B Payments Digitized
B2B payments have gone digital, but the work around them hasn’t.

> B2B payments have gone digital, but the work around them hasn’t
## ACH Adoption Surges
ACH adoption has surged, and check volumes have declined.
## Check Transactions Decline
B2B check payments fell from 4.6 billion in 2015 to 2.7 billion in 2024.
## Check Value Stays Stable
Their value barely moved, from $15.4 trillion to $15 trillion.
## Interoperability Challenge
Fragmented data standards, legacy ERP systems and incompatible supplier portals prevent true end-to-end automation.
## Payment Data Separation
A supplier can receive an electronic payment in seconds but spend hours determining which invoices it satisfies.
## Remittance Standards Clash
Wire and instant payments use ISO 20022 messaging, card payments use ISO 8583, and ACH relies on legacy ANSI ASC X12 EDI formats.
## Key takeaway

B2B payments have shifted to electronic methods but businesses still struggle to connect payments with invoices and accounting records.