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IndustryUpdate
ChapterTitle

ANNOUNCEMENTS RESEARCH

Electronic Payments invests Banks are missing out on
in Mega Payments billions in payments revenue
Electronic Payments, Inc. (EPI) made a strategic growth Cornerstone Advisors' "Monetizing Faster Payments,"
investment in Mega Payments, a Michigan-based mer- commissioned by Matera, finds three-quarters of U.S.
chant services firm serving 2,000+ clients across diverse deposit accounts enable real-time payments, yet 80 per-
risk profiles. The deal extends Mega's processing capa- cent of institutions remain receive-only without mon-
bilities, global reach (North America, Europe, UK), and etization plans. Eleven percent expect to monetize B2B
access to EPI's ecosystem—Exatouch POS, TableTurn instant payments in three years; 6 percent foresee retail
POS, ProCharge, plus Cygma, EPI's processor. revenue. The report spotlights four growth paths: QR
code bill pay (cut card fees up to 40 percent), payroll/
Positioned for ISOs, agents and merchants, the partner- workforce disbursements (instant pay, reimbursements),
ship marries Mega's transparent membership pricing B2B supplier payments (replace couriers/wires), and
with EPI's developer-first platform. Solutions span card, treasury/liquidity tools (real-time sweeps, JIT transfers).
ACH/eCheck, fraud, funding and chargeback manage- Use cases span commercial, small-business and treasury
ment, with integrations to Shopify, WooCommerce, clients across restaurant, healthcare and transportation.
Magento, BigCommerce, Authorize.net and NMI.
Personiv finds leaders focusing
Lovell Minnick invests in Valor PayTech on agility, technology, talent
Valor PayTech secured an investment from funds man- Personiv's Executive Outlook Pulse Survey of 290 senior
aged by Lovell Minnick Partners to accelerate growth. finance leaders depicts a landscape of constant change
Founded in 2020 with offices in Jericho, New York, and where agility is essential. Macroeconomic disruption
Chennai, India, Valor delivers POS software and pay- dominates: 64 percent of respondents reported an
ment tech spanning a gateway, virtual terminal, mobile "extremely significant" impact, led by interest rates and
app, CRM, updater, customer engagement and smart global trade.
terminals. Through robust APIs, 400+ partners integrate
to serve nearly 300,000 merchants. Despite uncertainty, over half have increased spending
on technology, headcount and operating expenses; near-
Valor PayTech CEO Eric Bernstein remains in place, with ly a third plan further investment. Finance teams devote
plans for strategic investments and acquisitions while 20 to 40+ hours weekly to external forces. In addition, AI
preserving independence and culture. LMP's support is adoption is accelerating—70 percent already use it (com-
expected to enhance capabilities and efficiency for mer- pliance, payroll, expenses), with 25 percent planning
chants, ISVs, ISOs and channels. adoption within 12 months. Forecasting accuracy tops
2025 priorities. Smaller firms boost headcount/opex;
NABR honors HPS/PayMedix larger enterprises emphasize cost optimization and tech.

HPS/PayMedix was named one of Milwaukee's 2025 Ongoing risks include talent shortages, cybersecurity
Best and Brightest Companies to Work For by NABR, and regulation.
honoring organizations with strong performance and 1 in 4 Brits struggle to cancel subscriptions
innovative HR. An independent research firm evaluated
companies on compensation, benefits, wellness, engage- A new Opinium survey commissioned by Recharge.com
ment, development, recruiting, recognition, communica- revealed that 23 percent of UK adults failed to cancel at
tion, inclusion, work-life balance, community responsi- least one subscription in the past year, losing an aver-
bility and leadership. age of £123.40 ($165.50). Younger and lower-income
consumers were disproportionately affected, with 18 to
HPS/PayMedix CEO Tom Policelli cited a care-for-others 34-year-olds 163 percent more likely to experience failed
culture and policies such as flexible schedules, hybrid cancellations.
work, generous PTO and holidays, volunteer opportu-
nities, and competitive benefits. The HPS provider net- While prepaid card users saw higher losses overall, they
work with PayMedix is designed to simplify healthcare also gained more control over spending by preventing
payments for patients, providers, employers and TPAs unexpected charges once balances run out. Recharge.
via interest-free plans, provider payments, lower admin- com CEO Günther Vogelpoel said prepaid payment
istrative costs and improved access. options offer flexibility and protection in an increas-
ingly subscription-driven economy, helping consumers
manage digital expenses and avoid being locked into
unwanted services.

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