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IndustryUpdate





                                                                  Eduardo Mostrom launches
                                                                  EM Integrated Strategies

                                                                  Payments communications and policy strategist Eduardo
                                                                  Mostrom launched EM Integrated Strategies, a Boston-
                                                                  based boutique agency serving payments, technology
                                                                  and financial services organizations. The firm com-
                                                                  bines communications, public policy, industry affairs
                                                                  and marketing services, offering clients an integrated
                                                                  approach rather than using multiple organizations.
                                                                  Mostrom previously worked in public relations and
                                                                  led industry affairs for the Electronic Transactions
                                                                  Association in Washington, D.C. Since relocating to
        ANNOUNCEMENTS                                             Boston, he has worked on technology and transportation
                                                                  policy issues in Massachusetts. Mostrom described the
                                                                  agency as AI-augmented and human-led, with local and
          Corpay, FTC reach proposed $100M settlement             national capabilities.

          Corpay reached a proposed $100 million settlement with   MPC: Merchants urge judge
          the Federal Trade Commission to resolve previously      to reject Visa/MC settlement
          disclosed allegations involving marketing and disclo-
          sure practices in its U.S. Vehicle Payments business. The   Nearly  1,000  businesses  and  trade  associations  urged
          agreement would resolve the matter without Corpay       a federal judge to reject a proposed settlement of long-
          admitting wrongdoing, while a June 2023 federal court   running litigation over Visa and Mastercard credit card
          order remains in effect. CEO Ron Clarke is not required   swipe fees. In a letter to U.S. District Judge Brian Cogan,
          to make a financial payment under the settlement.       978 signers argued the agreement offers merchants inad-
          Corpay said it has strengthened customer communica-     equate, temporary relief while providing broad liability
          tions, compliance oversight and internal controls in    protections to the card networks and issuing banks. The
          recent years. It does not expect the settlement to materi-  proposal would reduce interchange fees by one-tenth
          ally affect ongoing operations or financial results.    of a percentage point for five years and modify card-
                                                                  acceptance and surcharge rules. The Merchant Payments
          Global Cards & Payments honors Payroc innovation        Coalition said the provisions contain loopholes and

          Payroc received four honors in The Digital Banker's     would preserve the existing fee structure. The lawsuit
          2026 Global Cards & Payments Innovation  Awards.        dates to 2005.
          The payments acquirer and technology platform was
          named Best Payments Gateway Provider, Best POS &      RESEARCH
          In-Store Payments Solution Provider and winner for
          Outstanding Implementation of Payments Initiatives      Nearly 60 percent of U.S. adults
          by a Team. In addition, Payroc CEO Jim Oberman was      can't cover a $1,000 emergency
          named Payments Professional of the Year. The awards
          recognize Payroc's multi-region gateway, card-present   ACI Worldwide's 2026 Speedpay Pulse Report found 59
          and in-store payment capabilities, payments technology   percent of U.S. adults surveyed lack sufficient savings
          and industry leadership. Payroc noted it processes more   to cover a $1,000 emergency expense, as financial pres-
          than $125 billion in card volume annually.              sures reshape bill-payment preferences. More than three
                                                                  in five consumers consider control over payment timing
          Mews POS now live in North America                      very or extremely important. Debit card usage reached

          Mews launched Mews POS in the United States and         52.7 percent in 2025, while 55.4 percent of consumers
          Canada, extending its hospitality point-of-sale system to   combined one-time and automatic recurring payments.
          North American hotels. The platform connects property   AI use is also increasing, with 53.4 percent of respon-
          management, food and beverage operations and pay-       dents interacting with  AI-powered billing or support
          ments, allowing guest information, orders and charges   tools, although 89.1 percent still prefer human assistance
          to flow through one system, Mews said. Designed for     for billing problems.
          hotel restaurants, bars, counter service, retail, and other   FPC compares major faster payment options
          food and beverage operations, Mews POS automatically
          posts charges to guest bills and reconciles payments    The U.S. Faster Payments Council published a report
          without manual matching. Guest profiles are also acces-  comparing major faster payment options and their
          sible to food and beverage staff. Mews POS has already   operational  characteristics.  Developed  by  the  FPC
          been operating in more than 20 countries across Europe   Digital  Assets Work Group, the report examines the
          and the Asia-Pacific region.                            FedNoService, RTP Network, Visa Direct, Mastercard
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