The Green Sheet Online Edition
February 23, 2026 • 26:02:02
Industry Update
ANNOUNCEMENTS
Elavon, Repay honored in TSG Real Transaction Metrics Awards
Elavon and Repay Holdings Corp. were recognized in TSG's 2026 Real Transaction Metrics Awards. Using TSG's Global Experience Monitoring program, the awards evaluate gateway performance using real transaction data, uptime and latency signals gathered from more than 35 global locations.
Elavon's Fusebox gateway earned first place for Best Performing Gateway and Best Transaction Speed, and was runner-up for Highest Authorization Rate and Best Gateway Uptime. The company said the honors reflect its focus on delivering secure, high-performance payment solutions as it expands its omni-channel Elavon Payment Gateway.
Repay received first place for Best Gateway Uptime, underscoring the reliability of its proprietary gateway infrastructure. The recognition builds on Repay's strong 2025 results, which included top rankings for Highest Authorization Rate and minimal outage time. Both companies highlighted the importance of availability and speed in helping merchants avoid revenue disruption and deliver seamless customer experiences.
Green Sheet's Kate Gillespie featured on AI InterConnect Podcast
Kate Gillespie, president and CEO of The Green Sheet, recently appeared on the AI Interconnect Podcast, hosted by Laurent Cochet, to discuss the payments industry's evolution, media leadership and fintech’s future. Gillespie reflected on her career beginning in 1999 and the transformation of payments over the past two decades. She highlighted The Green Sheet’s role in connecting payment consultants and merchants and emphasized the importance of clear communication in a digital-first environment. The conversation also explored shifting media dynamics, innovation-driven change and the skills professionals need to succeed in today's financial ecosystem.
Interpolitan Money Canada secures PSP registration in Canada
Interpolitan Money Canada Inc., a subsidiary of Interpolitan Money Group, was registered by the Bank of Canada as a Payment Service Provider. The approval places the company within Canada's new federal oversight regime, which requires PSPs to maintain defined risk management frameworks, safeguarding measures for client funds, business continuity planning and governance oversight. The registration strengthens Interpolitan's North American infrastructure and integrates its Canadian entity into a regulated network spanning the UK, DIFC and India IFSC. The move provides regulatory clarity and supports complex domestic and cross-border capital flows, the company noted.
NCR Atleos wins ATMIA award for innovation
NCR Atleos received the ATM Industry Association's Peter Kulik Innovation Award for its AI-assisted ATM service resolution platform. At the core is Intelligent Diagnostics, which analyzes machine fault data and delivers prescriptive repair guidance with more than 95 percent accuracy, improving first-time fix rates and reducing downtime across a global fleet of 600,000 ATMs, ATMIA stated. Since launch, the platform has cut service revisits by 13 percent globally and reduced North America tech support cases by 50 percent, the association added. Atleos also earned two ATMmy marketing awards and is now advancing predictive maintenance capabilities to further strengthen ATM uptime and reliability.
Repay recognized in TSG 2026 Real Transaction Metrics Awards
Repay Holdings Corp. was recognized in TSG's 2026 Real Transaction Metrics Awards, earning first place for Best Gateway Uptime. TSG used its Global Experience Monitoring platform to evaluate real transaction activity, uptime and latency across more than 35 global locations, assessing over 20 payment providers. The award reflects REPAY's high availability and reliability, supported by its proprietary gateway infrastructure. Company leaders said consistent uptime is critical for merchants and enterprises seeking to avoid revenue loss and customer disruption. The honor builds on REPAY's strong 2025 performance, including top rankings for Highest Authorization Rate and minimal gateway outages.
RESEARCH
Romance scams escalated in advance of Valentine's Day
Chargebacks911 warned of surging romance scams ahead of Valentine's Day, with losses rising and recovery rates remaining low. In the UK, victims reported more than £106 million (approximately $134 million) lost in 2024, with average losses exceeding £11,000 (approximately $14,000). Early 2025 data showed a 35 percent increase in losses, while Barclays reported a 20 percent rise in cases, many originating on social media and dating platforms. Fraudsters build emotional trust before requesting money through irreversible methods such as bank transfers, gift cards or crypto, Chargebacks911 cautioned. Experts urged consumers to verify identities, avoid sending money and report suspected scams promptly.
DataM: Agentic AI market enters high-growth phase
DataM Intelligence recently valued the global agentic AI market at $4.54 billion in 2025 and projected it will reach $98.26 billion by 2033, growing at a 46.87 percent CAGR. Agentic AI, autonomous systems capable of interpreting intent and completing transactions, is expected to transform retail, healthcare, banking and other sectors, researchers stated. By 2028, DataM added, it could influence 15 percent of global work decisions, with over one billion agents operating by 2026. Rising human-in-the-loop costs are accelerating adoption, particularly in high-volume environments, the firm found, adding that North America leads commercialization as enterprises shift from AI tools to autonomous execution layers.
FPC studies B2B cross-border payments opportunities
The U.S. Faster Payments Council released B2B Cross-Border Payments: Expert Insights on Faster Payments Adoption, a new report developed by its Cross-Border Payments Work Group and sponsored by Mastercard. The report identifies core challenges in B2B cross-border payments such as latency, high costs, fraud, data gaps and limited transparency, as the market is projected to reach $320 billion by 2030. It highlights the need for interoperability, ISO 20022 adoption, richer data standards and 24/7 availability to improve liquidity and predictability. The report also outlines practical steps to align domestic faster payments capabilities with evolving cross-border business needs.
LNRS uncovers problems for cybercriminals
LexisNexis Risk Solutions' 2025 report, Fraud for Sale: Untangling the Dark Web, found the dark web functioning as a "fraud superstore," enabling large-scale cybercrime by providing tools, tutorials and ready-made accounts to aspiring fraudsters. Despite law enforcement takedowns, new marketplaces quickly emerge. However, the study also found growing fraudster frustration with AI-driven defenses, including deepfake detection that scans for blood flow and micro-movements, along with controls such as real-time liveness checks, device fingerprinting and account monitoring. While criminals trade "fraud-ready" assets, the dark web itself remains unstable, plagued by exit scams and shifting activity onto mainstream platforms.
U.S. FIs outpace global peers in AI adoption
Finastra's Financial Services State of the Nation 2026 survey found U.S. financial leaders to be more optimistic than global peers about rapid technological change, with 93 percent expressing excitement versus 86 percent globally. Eighty percent of respondents said their institutions were ahead in modernization, security and reliability. Participating U.S. firms also lead in AI adoption, with 65 percent actively deploying AI and 42 percent planning to boost AI investment by more than 50 percent in 2026. Live use cases are strongest in data analysis, document intelligence and credit decisioning. However, regulatory complexity, talent gaps and data security remain key barriers. U.S. banks in the study are also prioritizing hybrid service models and personalized digital offerings.
PARTNERSHIPS
Adyen, Uber re-up to power new markets, launch kiosks
Adyen and Uber renewed and expanded their global partnership, extending a collaboration that began in 2012. Adyen will continue serving as a core payments engine for Uber, which operates in more than 70 countries. The expansion supports Uber's international growth through enhanced performance, local acquiring and additional alternative payment methods, including Pix in Brazil, AfterPay in Australia and WeChat Pay, Uber stated. New territories include the UAE, Hong Kong and the Caribbean. The companies said they will also collaborate on payment innovation and new business lines, including Uber kiosks powered by Adyen terminals, offering travelers a phone-free way to book rides at airports and other venues.
Bluefin, Basis Theory target unified tokenization
Bluefin partnered with Basis Theory to deliver a unified tokenization strategy across in-store, online, call center and back-end payment environments without expanding PCI scope. The integration aligns Bluefin’s PointConex platform, which provides PCI-validated P2PE and processor-agnostic card-present orchestration, with Basis Theory’s API-driven tokenization and vaulting capabilities. The partnership addresses fragmentation between cloud-native tokenization and certified in-person payments to enable consistent, secure data capture and token use across channels. Designed to reduce integration complexity and vendor lock-in, the combined solution helps enterprises maintain data ownership while supporting hybrid commerce and PCI Level 1 requirements, the partners stated.
Factor4, Basil POS partner on seamless gift card integration
Factor4 and Basil POS partnered to integrate Factor4's gift card solutions directly into the Basil POS platform, creating a streamlined experience for restaurants and retailers. Designed for the restaurant industry, the integration is designed to enable businesses to offer branded gift cards with real-time management, without additional hardware or complex setup. The combined solution, the partners stated, simplifies implementation, enhances customer engagement and unlocks new revenue opportunities. Executives from both companies said the partnership reflects a shared commitment to delivering seamless, revenue-driving tools that help operators strengthen customer relationships, drive repeat business, and stay focused on delivering exceptional food, service and overall dining experiences.
Honor Capital, ePayPolicy to offer financing at online checkout
Honor Capital partnered with ePayPolicy to streamline premium financing for insurance agencies, brokers and payers. Through ePayPolicy's Finance Connect, agencies working with Honor can present real-time financing options during online checkout, allowing customers to select financing, make down payments and e-sign premium finance agreements in one session, the partners noted. The integration, they added, connects Honor's quoting systems with agency management and accounting platforms, automatically displaying eligible financing terms without added effort or duplicate data entry. Designed to support existing premium finance company relationships, Finance Connect is expected to simplify enrollment and consolidate agreements. Honor Capital said it is among the largest independent non-bank premium finance companies in the United States.
Ingo Payments, Elektra team up on instant account funding
Ingo Payments partnered with Elektra USA to enable real-time funding for users of the Elektra Go app. By integrating Ingo's instant account funding solution, customers can pull funds directly from debit cards and access money immediately, improving the speed and convenience of remittances, the partners stated. Elektra USA, which serves the Hispanic community across the United States, Mexico and Latin America, said the enhancement reduces friction associated with traditional funding methods that can delay transactions and leave accounts unfunded. The collaboration supports faster, more secure money movement and reflects growing demand for real-time financial services and embedded banking capabilities, the partners added.
ACQUISITIONS
BridgeWise acquires Context Analytics
BridgeWise acquired Chicago-based Context Analytics, an AI-powered alternative data specialist serving major financial firms including S&P Global Market Intelligence. The deal combines BridgeWise’s institutional investment intelligence platform with Context’s technology for converting unstructured data—such as news, social media, earnings calls, and regulatory filings—into structured, machine-readable insights and real-time sentiment signals. The acquisition creates a vertically integrated, wealth-focused intelligence infrastructure spanning data ingestion, analytics, and client engagement.
Capital One to gain Brex
Capital One Financial Corp. agreed to acquire fintech platform Brex in a deal valued at approximately $5.15 billion in cash and stock, expected to close in mid-2026. Brex, known for its corporate cards, payments and expense management platform used by thousands of businesses including TikTok, Intel and DoorDash, will retain its leadership team and operate under Capital One's commercial strategy. The acquisition aims to expand Capital One's corporate payments and travel offerings, integrating Brex's capabilities into its existing infrastructure, Capital One stated, adding that the deal gives it access to Brex's strong customer base and technology as it deepens its presence in commercial payments innovation.
UiPath acquires WorkFusion
Automation leader UiPath said it acquired WorkFusion, a pioneer in AI-agent technology for financial crime compliance, strengthening its portfolio of agentic AI solutions tailored for banking and financial services. WorkFusion's library of AI agents automates complex, labor-intensive compliance tasks, including anti-money laundering, know-your-customer processes and investigation triage, enabling banks to reduce manual workloads while maintaining governance and regulatory controls, UiPath noted. By integrating these agents with its own automation and orchestration platform, UiPath aims to help institutions automate end-to-end compliance workflows, prioritize high-risk cases for expert review and improve operational efficiency amid increasing regulatory scrutiny.
Zilch to Acquire Fjord Bank
London-based fintech Zilch signed an agreement to acquire AB Fjord Bank, a Lithuania-based challenger bank with roughly $120 million in assets. Subject to regulatory approval, the deal is expected to complete in the second half of 2026. The acquisition provides Zilch with a European banking license authorized by the Bank of Lithuania and the European Central Bank, enabling the company to passport its payments and credit products across the EU from a single regulatory hub, Zilch stated. The fintech also mentioned it plans to establish its European headquarters in Vilnius to broaden its product suite and capital efficiency while accelerating expansion across key European markets with enhanced regulatory footing.
APPOINTMENTS
EBANX promotes Eduardo de Abreu
EBANX appointed longtime executive Eduardo de Abreu as Chief Product Officer, elevating a payments veteran who has helped shape the company since 2015. Abreu began by building foundational finance operations in Latin America and has since led more than 20 teams spanning operations, treasury, M&A, pricing, sales engineering and merchant success. He also played a central role in EBANX's expansion into Africa, India and the Philippines. Now relocating to Singapore, Abreu will oversee the global product roadmap while serving as CEO of EBANX Singapore, managing regulatory engagement with the Monetary Authority of Singapore and deepening merchant relationships across APAC.
PayPal makes changes at the top
PayPal named Enrique Lores as its president and CEO, effective March 1, 2026, succeeding Alex Chriss. Lores has served on PayPal's board for nearly five years and as chair since July 2024. A veteran technology executive with more than three decades of experience, he previously spent over six years as president and CEO of HP Inc., where he led a broad transformation beyond PCs and printing into services, subscriptions and AI-enabled solutions. He also helped architect the HP/HPE separation, strengthening operational discipline and long-term innovation strategy.
Jamie Miller, PayPal's chief financial and operating officer, will serve as interim CEO until Lores assumes the role. Meanwhile, longtime board member David W. Dorman was appointed independent board chair. PayPal said the leadership shift reflects the board's desire for faster execution and sharper competitive positioning as digital payments evolve.
Suzin Wold joins Securely
Recurly appointed Suzin Wold as its chief marketing officer, bringing more than 25 years of experience scaling high-growth technology companies to Recurly. Wold is recognized for building data-driven marketing organizations that align brand, demand generation and product strategy to drive predictable revenue growth across both B2B and B2C markets. A co-founder of Blackhawk Network, she helped pioneer the modern retail gift card category. She has also held senior leadership roles at Rithum, Bazaarvoice and Sama, where she strengthened cross-functional alignment and expanded market presence. At Recurly, Wold will lead global marketing strategy, brand positioning and go-to-market execution.
Dataweavers adds two to executive team
Dataweavers appointed two seasoned leaders to accelerate its next growth phase. Cüneyt Uysal joins as vice president of sales, North America, bringing enterprise sales expertise focused on helping organizations modernize digital platform operations and extract measurable value from digital experience investments. He will lead regional sales strategy, working with enterprises seeking improved performance, stronger security, lower operating costs, and faster innovation.
Jill Roberson steps in as vice president of global marketing, where she will shape the company's worldwide marketing strategy and elevate awareness of platform operations as a business-critical growth driver. Roberson emphasized that digital reliability and performance are no longer purely technical concerns; they are central to revenue and customer retention. Together, Uysal and Roberson strengthen Dataweavers' go-to-market leadership as demand rises for scalable, execution-focused digital infrastructure solutions. 
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