The Green Sheet Online Edition
September 28, 2026 • 26:09:02
Industry Update
ANNOUNCEMENTS
Corpay, FTC reach proposed $100M settlement
Corpay reached a proposed $100 million settlement with the Federal Trade Commission to resolve previously disclosed allegations involving marketing and disclosure practices in its U.S. Vehicle Payments business. The agreement would resolve the matter without Corpay admitting wrongdoing, while a June 2023 federal court order remains in effect. CEO Ron Clarke is not required to make a financial payment under the settlement. Corpay said it has strengthened customer communications, compliance oversight and internal controls in recent years. It does not expect the settlement to materially affect ongoing operations or financial results.
Global Cards & Payments honors Payroc innovation
Payroc received four honors in The Digital Banker's 2026 Global Cards & Payments Innovation Awards. The payments acquirer and technology platform was named Best Payments Gateway Provider, Best POS & In-Store Payments Solution Provider and winner for Outstanding Implementation of Payments Initiatives by a Team. In addition, Payroc CEO Jim Oberman was named Payments Professional of the Year. The awards recognize Payroc's multi-region gateway, card-present and in-store payment capabilities, payments technology and industry leadership. Payroc noted it processes more than $125 billion in card volume annually.
Mews POS now live in North America
Mews launched Mews POS in the United States and Canada, extending its hospitality point-of-sale system to North American hotels. The platform connects property management, food and beverage operations and payments, allowing guest information, orders and charges to flow through one system, Mews said. Designed for hotel restaurants, bars, counter service, retail, and other food and beverage operations, Mews POS automatically posts charges to guest bills and reconciles payments without manual matching. Guest profiles are also accessible to food and beverage staff. Mews POS has already been operating in more than 20 countries across Europe and the Asia-Pacific region.
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 combines 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 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 national capabilities.
MPC: Merchants urge judge to reject Visa/MC settlement
Nearly 1,000 businesses and trade associations urged a federal judge to reject a proposed settlement of long-running litigation over Visa and Mastercard credit card swipe fees. In a letter to U.S. District Judge Brian Cogan, 978 signers argued the agreement offers merchants inadequate, temporary relief while providing broad liability protections to the card networks and issuing banks. The proposal would reduce interchange fees by one-tenth of a percentage point for five years and modify card-acceptance and surcharge rules. The Merchant Payments Coalition said the provisions contain loopholes and would preserve the existing fee structure. The lawsuit dates to 2005.
RESEARCH
Nearly 60 percent of U.S. adults can't cover a $1,000 emergency
ACI Worldwide's 2026 Speedpay Pulse Report found 59 percent of U.S. adults surveyed lack sufficient savings to cover a $1,000 emergency expense, as financial pressures reshape bill-payment preferences. More than three in five consumers consider control over payment timing very or extremely important. Debit card usage reached 52.7 percent in 2025, while 55.4 percent of consumers combined one-time and automatic recurring payments. AI use is also increasing, with 53.4 percent of respondents interacting with AI-powered billing or support tools, although 89.1 percent still prefer human assistance for billing problems.
FPC compares major faster payment options
The U.S. Faster Payments Council published a report comparing major faster payment options and their operational characteristics. Developed by the FPC Digital Assets Work Group, the report examines the FedNoService, RTP Network, Visa Direct, Mastercard Send, Same Day ACH, stablecoins and tokenized deposits. It compares settlement, finality, speed, transaction limits, fraud management, governance, liquidity and other factors. The report also addresses interoperability, payment orchestration and programmability, while examining use cases including earned wage access, B2B payments, bill pay and government disbursements.
$h21 in 6 U.S. shoppers will sacrifice essentials for holiday gifts
An Invoice Home survey found 49 percent of U.S. consumers plan to buy holiday gifts despite rising costs, with 16 percent expecting to sacrifice everyday essentials and 20 percent taking second jobs to cover expenses. Fifteen percent plan to use BNPL, rising to 21 percent among millennials. Shoppers also cited crowds, online and in-store price discrepancies, and checkout lines as reasons to abandon purchases. Social media and streaming advertising remain influential, while 29 percent of Gen Z respondents expect to do most holiday shopping through TikTok Shop. Additionally, 29 percent of respondents anticipate making January returns specifically to save money.
Connected is not orchestrated, RS2 warns
RS2 released a white paper stating that businesses often mistake payment connectivity and basic failover for true payments orchestration. Research cited by the payment technology provider found 89 percent of organizations had implemented failover or redundancy, but only 41 percent used automated dynamic routing and 22 percent continuously updated routing logic. More than half still made routing decisions manually. RS2 identified five capabilities for mature orchestration: connect, control, optimize, protect and adapt. The company said intelligent routing, automated retries and centralized controls can improve transaction completion, resilience and flexibility for merchants, PSPs, payfacs and acquirers while reducing operational complexity and risk.
PARTNERSHIPS
LoanPro, AllCloud build AI servicing tool
LoanPro partnered with AllCloud and Amazon Web Services to develop an AI-powered interface that gives loan servicing agents summaries of borrowers' account histories during customer calls. Powered by Anthropic's Claude, the tool converts payment records, missed payments, returned fees and other account data into plain-language summaries, reducing call times by up to 15 percent, according to LoanPro. Agents can query account information conversationally while the system maintains an audit trail of actions taken during calls. LoanPro said the interface has also reduced internal support tickets by enabling agents and lenders to resolve more issues directly.
Nuvei, Kolleno integrate payments into finance platform
Nuvei partnered with Kolleno to embed payment capabilities into Kolleno's AI-powered order-to-cash platform. The integration allows businesses to accept invoice payments within the same system used to manage collections, disputes, cash application and financial forecasting. Nuvei provides the underlying payment infrastructure, enabling Kolleno customers to offer multiple payment methods and support transactions across markets. The companies said combining payment acceptance with accounts receivable workflows can reduce manual processes and simplify reconciliation. Kolleno's platform uses AI and automation to manage finance operations, while Nuvei provides payment processing and related capabilities for businesses operating across multiple countries and currencies.
Talus, Samsung launch mobile POS solution
Talus partnered with Samsung, with payment technology from Ingenico, to launch ReadyPoint, a mobile POS solution for small and midsize businesses. ReadyPoint turns compatible Samsung Galaxy smartphones and tablets into payment and business-management systems, using Ingenico's SoftPOS technology to accept contactless payments without additional payment hardware. The platform also includes inventory management, customer engagement and reporting capabilities. Talus plans to distribute ReadyPoint through its reseller network and provide support and revenue-sharing opportunities for ISOs and sales agents. The companies said the offering is designed to give merchants a mobile alternative to traditional POS systems while supporting multiple business-management functions.
TNS, UCP to expand North American payment capabilities
Transaction Network Services partnered with Unattended Card Payments, a provider of EMV-compliant hardware and payment solutions for attended and unattended terminals across North America. The agreement gives UCP customers access to TNS's Payment Orchestration platform, terminal certifications and unattended payments expertise. The companies said the collaboration will support payment deployments across parking, EV charging, ticketing, and can help businesses maximize uptime, reduce vendor complexity and securely manage payments across unattended networks. The partnership also expands TNS' partner ecosystem and creates additional opportunities in the unattended payments market.
TreviPay, Dynatos to enhance merchant discoverability
TreviPay partnered with Dynatos to expand e-invoicing capabilities for clients operating across Europe and other global markets. Dynatos' Routty Cloud platform will provide embedded e-invoicing technology and compliance support, helping businesses exchange invoices across varying formats, networks and country requirements. The partnership combines TreviPay's B2B payments, order-to-cash, credit risk and working capital capabilities with Dynatos' e-invoicing technology and compliance expertise. The companies said the integration will help businesses address expanding e-invoicing mandates while keeping invoicing connected to broader commercial and accounting workflows.
TRX Services joins Finovifi Marketplace
TRX Services joined the Finovifi Marketplace, expanding payment services available to community banks and credit unions. Through the partnership, participating financial institutions can offer TRX's MessagePay, which enables borrowers to make loan payments through text messaging, as well as merchant services for business customers. The merchant program provides payment acceptance and processing capabilities that financial institutions can offer without developing their own infrastructure. Finovifi's marketplace connects community financial institutions with technology and service providers through a centralized platform. TRX said the arrangement will broaden distribution of its payment products while giving participating institutions additional ways to serve customers.
ACQUISITIONS
Circle to acquire Tazapay
Circle signed a definitive agreement to acquire Tazapay, a Singapore-based provider of B2B cross-border payments infrastructure serving payment service providers and financial institutions. Tazapay brings more than $25 billion in annualized payment volume, more than 60 banking and fintech partners and local payout rails covering over 100 markets. Approximately 60% of its transaction volume already involves stablecoins. Circle said the acquisition will expand its global payment infrastructure and support broader distribution of USDC for cross-border transactions. Tazapay has worked with Circle as a design partner since 2025.
OrderYOYO acquires Cashdesk
OrderYOYO acquired Cashdesk, a Netherlands-based provider of white-label software and payment solutions for restaurants. Cashdesk serves more than 700 restaurant partners with technology that includes ecommerce, POS software, online and offline payment processing and self-service kiosks. Its customers generate more than 2 million orders annually. OrderYOYO, which provides embedded payments and software for European quick-service restaurants, said the acquisition expands its presence in the Netherlands and adds to its product capabilities across Europe. The transaction is OrderYOYO's sixth acquisition since 2022.
PayNearMe acquires Marr Labs
PayNearMe acquired the technology assets of AI company Marr Labs and hired its key employees, adding specialized agentic AI expertise to its payments platform. Marr Labs, founded in 2023 and backed by Y Combinator, developed AI systems for regulated environments, supporting millions of customer interactions monthly. Its team includes experts involved in technology that powered early Siri products. PayNearMe plans to integrate agentic AI capabilities into its PayXM platform, applying automation across payment, customer support and operational workflows. PayNearMe said it processes more than $50 billion in payments annually, with more than 20,000 businesses using PayXM to manage customer payment experiences.
PayTabs to acquire Amazon Payment Services' MENA operations
PayTabs agreed to acquire Amazon Payment Services' Middle East and North Africa operations in a transaction valued at more than $100 million. The acquisition would combine Amazon Payment Services' regional operations with PayTabs' existing payment infrastructure, with the combined business expected to process more than $40 billion annually. Amazon Payment Services operates across nine markets and provides online payment processing to more than 3,500 businesses. Its services include card processing, fraud management and alternative payment methods, supporting global and domestic payment networks.
Priority Technology to take company private
Priority Technology Holdings entered into an agreement to be acquired by an investor group led by Chairman and CEO Thomas Priore. The group will acquire shares it does not already own for $8.05 each in cash, valuing the transaction at approximately $1.6 billion. A special committee of independent directors unanimously recommended the deal following negotiations that increased the proposed price by more than 30%. The transaction requires regulatory and unaffiliated shareholder approvals and is expected to close in the first half of 2027. Upon completion, Priority will become privately held and its shares will no longer trade on Nasdaq.
APPOINTMENTS
Madilynn Castillo joins InvoiceCloud
InvoiceCloud appointed Madilynn Castillo chief marketing officer, responsible for brand and market positioning, demand generation, product marketing and customer engagement. Castillo joins the company from manufacturing technology provider Tulip Interfaces, where she served as CMO during a nearly eight-year tenure. She built and led Tulip's global marketing organization and supported its growth from Series B through Series D, when the company reached a $1.3 billion valuation. Castillo also helped establish Tulip's position in the manufacturing execution system market and championed its AI Process Engineer initiative, designed to train 1,000 manufacturing engineers to use artificial intelligence in frontline operations.
Pagaya appoints Jason Gardner to Board
Pagaya Technologies appointed payments industry veteran Jason Gardner to its board of directors following his confirmation at the company's August annual meeting. Gardner has more than 25 years of technology and payments experience and founded card-issuing platform Marqeta, serving as CEO from 2010 to 2023 and leading the company through its 2021 initial public offering. He subsequently served as executive chair and remains a director and chair of Marqeta's Payments Innovation Committee. Gardner previously founded payment platform PropertyBridge, acquired by MoneyGram International in 2007, and IT management company Vertical Think.
Advanced Payments welcomes Khalid Noohani
Advanced Payments Inc. appointed Khalid Noohani president, a newly created role in which he will oversee corporate strategy, operations and execution of sales and marketing goals alongside founder and CEO Jason A. Felts. Noohani brings 17 years of payments industry leadership experience and will hold an equity stake in the company. After earning a law degree specializing in corporate and transactional law in 2009, he co-founded South Florida-based ISO Centurion Merchant Services. Noohani began working with Advanced Payments as an independent contractor in 2014. In 2025, he earned the Electronic Transactions Association's Certified Payments Professional designation. 
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