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    Banc Transactions, Inc. is a direct Visa® and MasterCard® credit card processor. We serve the payment needs for merchants and merchant associations. More
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    • Treasury to Give Crypto Firms Same Cybersecurity Intel as Banks
      The Treasury Department will provide eligible U.S. digital asset firms and industry organizations the same cybersecurity information it regularly shares with traditional U.S. financial institutions. This information will be shared at no cost with firms that meet Treasury’s criteria, the department’s Office of Cybersecurity and Critical Infrastructure Protection (OCCIP) said in a Thursday (April 9) press release. The […] […]
    • New Stablecoin Rules Push Banks Into the Crypto Front Line
      Rules governing stablecoins are taking concrete form, and the details suggest that banks and FinTechs will face a more exacting set of responsibilities than some may have anticipated. The Federal Deposit Insurance Corporation (FDIC)’s proposed rule that debuted this week under the GENIUS Act establishes a framework that links stablecoin issuance directly to reserve […] […]
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      The fees charged by condominium associations and homeowners associations are rising along with other items in household budgets, The Wall Street Journal reported Thursday (April 9). Between 2019 and 2025, the median monthly cost of condo fees rose 29% to $420, while HOA fees rose 26% to $63, the report said, citing data from […] […]
    • Anthropic’s New Agents Product Pressures a Crowded Startup Category
      Anthropic on Wednesday (April 8) launched Claude Managed Agents, a product that allows enterprises to deploy artificial intelligence agents directly within its platform, targeting a problem that companies have spent the last year trying to crack: getting AI agents to work reliably in production environments. That’s proven harder than expected. Enterprises experimenting with agents […] […]
    • Upwork App Connects ChatGPT Users to Expert Freelancers
      Work marketplace Upwork has launched an app within OpenAI’s ChatGPT that allows businesses to describe their project needs, discover relevant talent and draft job posts. ChatGPT users can get started by connecting the Upwork app in ChatGPT and using prompts such as “@Upwork I need to find an expert to lead an AI integration for my business,â€� the company said in a Thursday (April 9) press release. […] […]
    • Pipe Originated $300M in MCAs in Last Two Years, Bouncing Back
      Pipe originated $300M in merchant cash advances in the last two years, the company revealed. The figure was presented in its announcement that it has raised a fresh $16M round of capital. The $300M in MCAs was spread across 15,000 merchants. “Pipe has built the infrastructure that small business financing should have had from the […]
    • Webinar: Important Industry Updates with Greenspoon Marder & deBanked
      Join us for a joint webinar on April 30th. You can register here.
    • eBay Has Originated More Than $1 Billion in Business Loans & Merchant Cash Advances
      More than $1 billion of business loans and merchant cash advances have been originated through the eBay Seller Capital program since its inception. The cumulative figure since 2021 was revealed last fall. eBay relies on partners like Liberis to fund the deals. E-commerce platforms have experienced rapid growth in merchant funding programs over the years. […]
    • Former Operator of NACLB Conference Sentenced to Eight Years in Prison
      Kris Roglieri, the founder, and former operator of the National Alliance of Commercial Loan Brokers (NACLB) Conference, was sentenced to 97 months in prison. Roglieri previously pleaded guilty to wire fraud conspiracy after it was revealed in 2024 that his commercial lending business, Prime Capital Ventures, was actually a ponzi scheme. Roglieri’s attorney had argued […]
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      More than 76% of small business owners who apply for financing through their system do it from a mobile device. That’s the fax from LendFax, a one-stop shop for business owners (and consumers) to be paired with the most appropriate service provider for their needs. The information they submit through the curated intake process is […]