Whether your interests lie in electronic check conversion using the newest imaging technology, simple risk avoidance via paper-based check approval, electronic ATM payroll cards, or one of our unique “All-In-One” combination gift and loyalty card programs, Banc Transactions is helping business change the way it operates – implementing enhanced check fraud algorithms, focusing on new customer marketing strategies, maximizing untapped opportunity, protecting profits and increasing revenues. And that is no small change.
- Saks Considers Chapter 11 Bankruptcy as $100M Debt Payment Comes DueSaks Global is considering bankruptcy while facing a $100 million-plus debt payment, Bloomberg reported Monday (Dec. 22). The luxury retail group is also mulling other ways to boost liquidity, such as raising emergency funding or selling off assets, according to the report, which cited unnamed sources. At the same time, some Saks lenders have […] […]
- 2025: The Year Status Quo Stopped Working.Open these pages as you would open a door to a room where the future is already arguing with the present. My 2025 columns were not written to soothe, flatter or follow consensus. They were written to challenge assumptions, stress-test narratives, and force uncomfortable conversations about where money, technology and power are actually heading. […] […]
- Real-Time Payments Stress-Test Bank InfrastructureWatch more: Need to Know: i2c’s Marjorie Tart Real-time payments are becoming a baseline expectation in a digital economy where consumers and businesses want money to move instantly, predictably and transparently, regardless of channel or rail. For issuers, that shift is forcing a rethink of technology and strategy. According to Marjorie Tart, director of […] […]
- In 2025 Card Networks Reshaped Commerce While Banks Rewired PaymentsIf there was a single through line in PYMNTS’ 2025 conversations with the major card networks, banks and FinTechs, it was that “paymentsâ€� is no longer treated as a discrete function. It is increasingly positioned as an always-on operating system for commerce—one where data, security and user experience are inseparable. No company leaned into […] […]
- Credit Unions Compete as Small Businesses Redefine the Banking RelationshipThroughout the banking history of the United States, credit unions have played a distinctive role in providing financial services to their local small- to medium-sized businesses (SMBs). Rooted in regional communities and built around a member-owned model, credit unions earned trust by offering relationships that felt personal, aligned and durable, something that larger institutions […] […]
- Indictment in the Small Business Finance Industry’s “Long Running Mysterious Fraud”There has been a major break in the case of the industry’s Long Running Mysterious Fraud, an indictment. Less than a year after deBanked ran a story about a sophisticated scheme employed to steal millions from merchants, funders, and lenders through a network of stolen identities and cryptocurrency exchanges, a criminal complaint was quietly filed […]
- Brokers and Funders – Are You Ready for Changes to California Law Effective January 1, 2026?Bob Gage is a partner in Hudson Cook, LLP’s Michigan office. Kate Fisher is a partner in Hudson Cook, LLP’s Maryland office. https://www.hudsoncook.com/ California has a new law, California S.B. 362, impacting how brokers and funders communicate with merchants starting on January 1, 2026. The new law adds provisions to California’s Commercial Financing Disclosures Law […]
- How Daniela Cano and Nicole Paliobeis Originate More than $100 Million in Funded Deals a YearDaniela Cano and Nicole Paliobeis account for $10 million in revenue-based financing volume every month at Spartan Capital. That’s $120 million annualized. As the top two ISO relationship managers in the company out of eight total, Cano and Paliobeis operate in one of the most pivotal roles in the industry. “It’s extremely fast paced, not […]
- Frankie DiAntonio Announces the Launch of The Lexington Foundation, a New Nonprofit Dedicated to Supporting Families in NeedMiddle Country, NY — Frankie DiAntonio, Founder and CEO of Lexington Capital Holdings and Lexington Estates, today announced the official launch of The Lexington Foundation, a nonprofit organization created to support families in need, beginning in his hometown of Middle Country and expanding globally as the foundation grows. The Lexington Foundation represents a deeply personal […]
- Donald Cosenza, CLFP Joins Maxim Commercial Capital as SVP, Business DevelopmentProven specialty finance executive fills new position to support corporate growth LOS ANGELES, CALIF. (Dec. 16, 2025) – Maxim Commercial Capital (“Maximâ€�) is pleased to announce Donald S. Cosenza, CLFP, has joined the company as Senior Vice President, Business Development. Cosenza brings more than 25 years of senior-level sales and marketing experience at national financial […]