ReliaFund Blog

Same Day ACH payment processing just turned five years old. And while that may seem like the blink of an eye, the growth it has experienced is astronomical. Nacha reports that 1.3 million payments worth roughly $1.5 billion were processed in the first six days of September 2021. That is a massive leap forward from…

The financial side of your business is complex and ever-evolving, and that’s why there are certain reports and checks you should be running through regularly. Procrastination and instant gratification tendencies tell us that we can always put it off until tomorrow, even when we know that’s not the best plan. Here are 3 financial reports…

The rise of fintech in the U.S. and abroad has shed light on a new area that could benefit from more collaboration. Open banking could be the collaboration tool that allows fintechs and traditional banking institutions the opportunity to work more efficiently to serve a growing and financially diverse customer base. Let’s discuss its role,…

The trend continues: in the second quarter of 2021, the ACH network grew 9.9%, to 1.3 billion payments, according to Nacha. Though some of this growth was expected, there are surges in areas like healthcare, which was up by 37.5%, that were much higher than anticipated. The rapidly digitized world continues to encourage more and…

Integrated Payment Systems are payment systems that communicates with all other critical software your business uses, according to Tidal Commerce. And in today’s rapidly evolving digital world, no one wants to add steps or systems to unnecessarily lengthen any process – especially a process that is responsible for the financial savviness of your business. It’s…

For independent software vendors (ISVs), creating a more integrated payments approach could spell success for the future. Let’s go through some of the benefits of ACH processing for ISV payments. What’s an ISV? ISV is short for independent software vendors. But what does that mean? ISVs are software publishers, individuals, or organizations that develop, market,…

We are in a time of rapid digital evolution. New innovations and technologies are speeding through the payments industry. Solutions that traditionally take years to implement are now being tested and rolled out in a matter of weeks or months. This new normal won’t be going away any time soon. Take a look at where…

Online payments are becoming more and more common, and cybercrime surrounding virtual payments is also on the rise. When you do business online, your customers want to know that their payment information is safe. Here are some ways to protect customer online payments. Seek Certification SSL security certificates are a great way to showcase your…