ReliaFund Blog

We recently talked about the 5 reasons people still use checks on our blog, which highlights the fact that, though check use continues to decline, it is still a popular payment choice for many people. And because identity theft and check fraud have been on the rise for the last several years, we wanted to…

Nacha, the organization that governs the ACH Network, has recently released a report chronicling trends in the use of ACH in 2020. 26.8 billion payments were made over the ACH Network in 2020, which is an increase of 8.2% over 2019, and the value of those payments, $61.9 trillion, increased by 10.8%, according to Nacha’s…

The ACH payment processing network had a record year of growth in 2020. $61.9 trillion in payments were processed last year, which is an increase of 10.8% from 2019. We’ve talked previously about why ACH processing is on the rise, and it’s no secret that credit and debit cards, Venmo, PayPal, and ACH are all…

Many people are still waiting for their second stimulus payment to arrive; fraud once again becomes an immediate concern. With huge numbers of checks and direct deposit payments surging from the federal government to individuals all over the country, now is a prime time for fraudsters to pull out all the stops in order to…

Many people are still waiting for their second stimulus payment to arrive; fraud once again becomes an immediate concern. With huge numbers of checks and direct deposit payments surging from the federal government to individuals all over the country, now is a prime time for fraudsters to pull out all the stops in order to…

The COVID-19 vaccine is being distributed to Americans right now, and the US government is finalizing a second stimulus package – it looks like things are starting to trend upward as we head into 2021. 2020 is ending, and trends in payments have changed drastically. What 2021 payment trends should we be looking for? More…

It feels like 2020 has lasted twice as long as a “normal” year, but that is mostly due to the rapid-fire changes that businesses and individuals have been dealing with since mid-March. The payments industry was not exempt either, so let’s take a look back at 2020 and how payments were handled before we head…

The distribution of stimulus payments caused a lot of problems this year. So how did ACH stack up in the processing of these payments? The CARES Act was a government stimulus in response to the shutdowns caused by the COVID-19 shutdowns that sent out $270 billion in payments to Americans. Some individuals received their payments…