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Banks, FinTechs Find New Open-Data Use Cases

PYMNTS

Reports highlighted the opportunity this API has in the B2B payments space in particular, enabling a company to initiate payroll transactions or supplier payments from directly within their payroll or accounts payable portals. AccountantsWorld Unlocks Payroll Data for FinTechs.

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What is a Merchant Cash Advance and is MCA Right for You?

Stax

Trust or lockbox account – The MCA lender opens a separate account for all your debit and credit card sales and takes a portion that goes toward repayment, before sending the rest to your business account. This allows you to stick to a structured repayment schedule regardless of the sales. Reliant Funding Terms & Rates Max.