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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
    Banc Transactions, Inc. serves independent sales organizations. Our extensive knowledge, competitive pricing and cutting edge products equal more sales and higher margins for your sales office. More
    Bankers know customers will do business with the financial institutions that can deliver the products they need. More

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    • Earnings Put Spotlight on Banks’ Full-Scale Digital Transformation
      The shift toward digital channels in financial services shows no signs of slowing down, as evidenced by the latest earnings results from incumbent banks and financial services providers.  During the first quarter, Bank of America logged a staggering 3.4 billion digital logins, with digital sales accounting for half of its total sales, as outlined in its earnings supplementals […]
    • Emotive AI Offers New Ways to Connect With Consumers
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    • EU Antitrust Chief Margrethe Vestager Says AI Needs ‘Vibrant Competition’
      In a meeting that underscores the European Union’s ongoing scrutiny of the tech industry, Margrethe Vestager, the EU’s antitrust chief, held discussions with representatives from the French artificial intelligence (AI) firm Mistral AI on Friday (April 26). The meeting took place against a backdrop of growing concerns regarding competition in the tech sector, with Vestager expressing concern about […]
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      The global smart cities landscape is evolving, driven by the fusion of urbanization and technological advancements. This transformative shift is underscored by the recent release of the “2024 Smart City Index,â€� a collaborative effort between the IMD World Competitiveness Center and the World Smart Sustainable Cities Organization (WeGO). This index provides key insights into the […]
    • The State of Main Street Heading Into Small Business Week
      Despite the moniker attached to their segment, small businesses loom large in the American economy.  And with the U.S. Small Business Administration (SBA) celebrating National Small Business Week starting Sunday (April 28), the staying power of entrepreneurship in the U.S. is top of mind for both small- to medium-sized businesses (SMBs) as well as the solution […]
    • Coming Soon: Domain Names as Loan Collateral
      It’s called a DeFi Cash Advance, a collateralized loan with 1-30 day terms. It’s just one of many products created by Teller, a peer-to-peer lending platform that relies on smart contracts to facilitate the transactions. The key word is “collateralized” because the blockchain-tethered asset doesn’t necessarily have to be crypto-native per se anymore. Virtually any […]
    • Backdooring Deals? You’re a Loser
      “Backdooring is just for losers,” says Thomas Chillemi, founder and CEO of Harvest Lending, a small business finance brokerage. “Like I think anybody who participates in it is just a loser.” Backdooring, as colorfully referenced by Chillemi, is a colloquial term used widely across the industry to describe how leads, apps, or entire deals are […]
    • Update on the Kris Roglieri Saga
      The trustee overseeing Kris Roglieri’s Chapter 11 bankruptcy case asked the Court on Tuesday to convert it to a Chapter 7. That’s because among the facts to come out of that and related proceedings thus far is that Roglieri did not ever maintain financial records for his various business entities, has no revenue coming in, […]
    • After Tax Day: A Guide for MCA Companies
      David Roitblat is the founder and CEO of Better Accounting Solutions, an accounting firm based in New York City, and a leading authority in specialized accounting for merchant cash advance companies. To connect with David or schedule a call about working with Better Accounting Solutions, email [email protected]. Congratulations- you’ve survived Tax Day! About 130 million […]
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      April 22 – We are delighted to share the exciting news that the Board of Directors of Levo Funding unanimously voted to appoint Jenny Merris as its new CEO. With an extensive background spanning over 18 years in the legal and financial services/FinTech sector, Jenny is a seasoned executive known for her exceptional expertise and […]