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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

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    RSS Financial News

    • Crypto Week Bills Stall Over Demands for Ban on CBDC
      The legislative project dubbed “Crypto Weekâ€� stumbled Tuesday (July 15) when a group of House Republicans demanded changes to a stablecoin bill that was passed earlier by the Senate. [contact-form-7] These lawmakers joined with Democrats to stop a procedural step that is required to allow consideration of the three crypto-related bills that make up Crypto […]
    • AWS and Vonage Partner to Distribute ‘Natural-Sounding’ AI Voice Agents
      Amazon Web Services (AWS) and Vonage have partnered to deliver “natural-soundingâ€� artificial intelligence (AI) voice agents for use in customer support and proactive outbound engagement like reminder calls and follow-ups. [contact-form-7] This collaboration brings together AWS’ speech-to-speech foundation model Amazon Nova Sonic, which enables “more humanlike voice conversations,â€� and the Vonage Voice API, which provides […]
    • European Commission Warns Meta That ‘Consent or Pay’ Model Remains Noncompliant
      Meta faces a continuing battle with the European Commission over the company’s “consent or payâ€� model that allows ad-free services for a fee. [contact-form-7] The European Commission wrote Meta last week, saying that this model needs more work to bring it into compliance with antitrust provisions of the European Union’s Digital Markets Act, Bloomberg reported […]
    • Google, Meta and Others Pledge Billions of Dollars to Build AI Data Centers
      Google, Meta, Blackstone and CoreWeave are planning to collectively spend hundreds of billions of dollars to build data centers for artificial intelligence, as the arms race heats up to build the computing power needed by this advanced technology. [contact-form-7] Google told PYMNTS Tuesday (July 15) that it plans to spend $25 billion on data centers […]
    • Inflation Reignites as Businesses Pass Tariff Costs Onto Consumers
      The tariffs are hitting home as businesses pass along higher costs to end customers. [contact-form-7] As measured by the Consumer Price Index released Tuesday (July 15), consumer prices were up 0.3% in June, and the annual inflationary pace was 2.7%, per data from the Bureau of Labor Statistics. Inflation quickened from the 0.1% gains that […]

    RSS News

    • Heron Makes Big Splash in Small Business Finance Industry
      Heron, a startup using AI to automate workflows, just raised a $16M Series A round. Already a well-known brand in the small business finance industry, the funds will be used to grow their presence, expand into adjacent verticals, and grow their go-to market & and engineering teams. While Heron serves top tier clientele like insurance […]
    • Heron Raises $16M Series A to Bring the AI Revolution from Silicon Valley to American Businesses
      Backed by Insight Partners, Heron automates document-heavy workflows in insurance, lending, and finance — bringing reliable AI to businesses and allowing humans to focus on complex tasks Heron, a startup using AI to automate workflows in business lending, equipment finance, and insurance, has raised $16 million in Series A funding led by global software investor […]
    • “Grok, Read My ISO Agreement”
      Before having an attorney review an ISO agreement, consider having an intelligent LLM AI take a look at it and alert you to any immediate red flags. After all, some accusations of purported funder improprieties these days are actually rooted in actions well within the rights of the funder in the ISO agreements. D’oh! But […]
    • CA Debt Settlement Bill is Amended to Exclude MCAs, Factoring and Only Include Loans
      After deBanked reported on a commercial financing debt settlement bill moving its way through the state legislature in California, a committee promptly revised the whole thing to specify that it should be for commercial loans only. The language was revised to remove its applicability to “accounts receivable purchase transactions, including factoring, asset-based lending transactions, or […]
    • Troutman Pepper Locke Podcast Talks Biz Financing and Impact of Legislative Changes in Texas and Louisiana
      Troutman Pepper Locke attorneys Carlin McCrory, Jason Cover, and Caleb Rosenberg talked small business financing, the recent changes in Texas and Louisiana, and what is likely to come next. The discussion took place prior to the Texas bill being signed by the governor there but provides insights on it that still apply. You can listen […]