The current landscape of business deposits is likely to change as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act, according to a new analysis from Market Rates Insight (MRI).

The change, which will allow business customers to earn interest on their checking accounts, is projected to trigger a two-dimensional shift in business accounts, according to a statement. A balance shift among business-account types is likely to occur at the point of rate convergence.

A balance shift among institutions is likely to occur due to the anticipated competition for business-checking customers, according to the analysis. Currently, a large number of high-yield retail checking accounts are priced above the national average, which indicates heightened competition.

"Not every business customer is going to jump on the interest-checking bandwagon," said Dan Geller, MRI executive vice president.