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NewsBriefs

This article contains summaries of news stories recently posted under ware platforms shift transactions away from offline meth-
Breaking Industry News on our homepage. For links to these and other ods such as cash and checks and toward digital payments.
full news stories, please visit www.greensheet.com/breakingnews.php. Through the integration, Rainforest platform clients can
enable merchants to accept PayPal, Venmo and PayPal Pay
Later alongside payment methods including credit cards,
Apple Pay and pay-by-bank. All options are presented
through a single checkout experience to simplify how
businesses accept and manage payments.

Brink's to acquire NCR Atleos in $6.6 billion The companies said the unified approach helps merchants
ATM infrastructure deal get paid faster, reduce late payments and spend less time
pursuing unpaid invoices. Centralizing payments in one
The ATM and cash-management industry is set for con- system, they added, also streamlines reconciliation while
solidation as The Brink's Co. moves to acquire NCR Atleos allowing software platforms to retain more payment vol-
Corp. in a transaction valued at about $6.6 billion. The ume within their ecosystems.
deal combines Brink's global cash logistics network with
NCR Atleos' ATM management services and technology. Taira Hall, senior vice president at PayPal, said vertical
software represents a growing opportunity as more com-
merce takes place within specialized platforms. She said
Under the agreement, Brink's will pay $30 in cash and Rainforest's focus on embedded payments makes it a nat-
0.1574 shares of its common stock for each NCR Atleos ural partner for delivering PayPal payment options.
share, valuing the company at $50.40 per share based on
Brink's Feb. 25, 2026, closing price. Brink's will also as- Historically, many software companies relied on separate
sume about $2.6 billion in NCR Atleos debt. After the integrations to support different payment types, creat-
transaction closes, Brink's shareholders are expected to ing fragmented onboarding processes, multiple report-
own about 78 percent of the combined company, with ing pipelines and several daily deposits into merchant
NCR Atleos shareholders holding roughly 22 percent. accounts. By embedding PayPal directly into Rainforest's
platform, software companies can activate PayPal, Venmo
The acquisition is expected to close in the first quarter of and PayPal Pay Later without additional integrations.
2027, pending regulatory and shareholder approvals.
Rainforest founder and CEO Joshua Silver said demand
The combination brings together Brink's route-based cash for PayPal among customers has been increasing as plat-
logistics operations with NCR Atleos' ATM services, soft- forms reduce reliance on cash and checks. The partner-
ware and ATM-as-a-service offerings. NCR Atleos oper- ship comes as PayPal faces slowing growth and leader-
ates about 78,000 owned ATMs and supports a global in- ship changes. Reports also indicate fintech rival Stripe has
stalled base of roughly 600,000 machines. explored a potential acquisition of PayPal or parts of the
company.
Brink's President and CEO Mark Eubanks said the trans- Celebrating women shaping the future of payments
action strengthens the company's ability to deliver inte-
grated physical-to-digital payment solutions. NCR Atleos International Women's Day celebrated annually on March
President and CEO Tim Oliver said the deal represents the 8 highlights progress in representation and opportunity,
next step after the company strengthened operations fol- but within the merchant acquiring industry the conver-
lowing its separation from NCR. sation increasingly centers on leadership and influence.
Women across the payments ecosystem are shaping regu-
The combined company is projected to generate about $10 latory advocacy, operational strategy, education, commu-
billion in annual revenue. Brink's expects about $200 mil- nications and enterprise growth as the industry adapts to
lion in annual cost synergies within three years of closing new technologies, evolving merchant expectations and
and estimates the deal will be at least 35 percent accretive growing regulatory complexity.
to earnings per share based on 2027 projections. Together,
Brink's logistics capabilities and NCR Atleos' ATM soft- A diverse group of leaders reflects this momentum. Au-
ware and services are expected to expand managed ser- drey Blackmon of Euronet has spent more than three
vice offerings worldwide. decades building high-performing sales teams and ad-
vancing integrated payments strategies while mentoring
PayPal targets vertical software women through PayTech Women (PTW). PTW CEO Dr.
users with Rainforest deal Gail Burgos promotes mentorship, leadership develop-
ment and career pathways across the payments industry.
PayPal is expanding its presence in the embedded pay- Several executives are driving change from within major
ments market through a partnership with Rainforest, a
payments provider focused on software platforms. The financial institutions. Dawn Delaney of JPMorgan Chase
contributes to corporate development initiatives while
companies launched an integration designed to help soft-
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