Breaking Industry News
Breaking News articles for November 2026
Washington state, FTC slam processor for deceptive practices
Tuesday, November 03, 2026
The Federal Trade Commission secured a $600,000 settlement with Washington-based payment processor Riverside Payments, its equipment affiliate and their operators. The settlement, which stems from a joint action complaint with Washington state, also allows affected businesses to terminate their payment processing agreements with Riverside without incurring early termination penalties, the FTC said in a press release.
TNS introduces Bring Your Own App for Android payment terminals
Monday, November 02, 2026
Transaction Network Services (TNS) has introduced Bring Your Own App (BYOA), a new capability that enables operators to develop and deploy their own Android applications on supported payment terminals while TNS manages payment processing, compliance, certifications and supporting infrastructure.
Toast lawsuit challenges POS fees and barriers to switching providers
Monday, November 02, 2026
Toast was sued Oct. 29, 2026, by the Federal Trade Commission and state officials over allegations that the restaurant software and fintech company saddles restaurants with hidden fees, unauthorized charges and unwanted add-ons; fails to deliver on its customer service promises; and makes it difficult to cancel services.
