Despite rumors of its demise, the check is alive and well, especially in the B2B world. While overall check volume has declined, the value of checks processed continues to be in the trillions. In 2024, the Federal Reserve reported a total check value of $8.71 trillion, even as the number of checks decreased.
So how are forward-thinking businesses managing checks in a digital-first economy?
The answer: Remote Deposit Capture (RDC).
RDC allows businesses to scan and deposit checks electronically, saving time, reducing manual data entry, and enabling faster access to funds. It’s a modern bridge between the paper check world and digital financial operations.
Here’s why RDC makes sense in 2025:
- Efficiency without disruption: Modernizes back-office workflows while keeping the payment experience consistent for customers.
- Supports check-reliant industries: Property management, education, municipalities. insurance, healthcare, and nonprofits still depend heavily on checks.
- Eliminates manual bottlenecks: Centralize check processing, reduce errors, and free up staff time.
- Increases visibility: Get real-time reporting and access to check deposit history in one centralized platform.
In a world where many businesses still rely on checks (either by preference or necessity) RDC offers a smart, scalable solution that aligns with modern expectations for speed, security, and visibility.
At iStream, we help organizations embrace the future of check processing through our industry-leading RDC platform. Whether you’re depositing from a central office with high check volume or streamlining operations across multiple locations, our solutions are built to scale with your business.
Don’t convert the check. Convert how you think about it.