19:06:42 (UTC) 09-24-2026
Modulr accelerates US expansion with Cogent Bank partnership
19:04:34 (UTC) 09-24-2026
Esker: Finance leaders want proof, control before giving AI more decision-making authority
19:01:06 (UTC) 09-24-2026
Provident Bank goes live with MANTL business, retail account opening
18:59:47 (UTC) 09-24-2026
ParaScript acquired by Stakk to create global digital trust platform
18:38:33 (UTC) 09-24-2026
LoanPro virtual Mastercard sends loan funds to Apple Pay, Google Pay in real time
17:36:20 (UTC) 09-24-2026
Pine Payments releases free printable signage kit for cash discount, dual pricing
17:29:53 (UTC) 09-24-2026
Volumatic to showcase closed-loop cash management at NACS Show 2026
17:25:55 (UTC) 09-24-2026
Silverflow, Hypergate launch integrated payment solution to accelerate acquiring innovation
Thursday, September 24, 2026
Credit unions get reprieve from Illinois interchange law
The scope of a controversial Illinois law exempting tax and tips amounts from card interchange fees just got a bit narrower. A U.S. district court in Illinois ruled Sept. 22, 2026, that federally chartered credit unions are not bound by the Illinois Interchange Fee Prohibition Act.
Merchants have been complaining about the cost of card acceptance for decades—in the courts and legislative chambers. Now absent definitive action on the federal level the states are stepping in, leaving acquirers and their sales partners vulnerable to a patchwork of laws.
This week's featured contributor:
Viktoria Soltesz is the CEO and founder of PSP Angels and The Soltesz Institute. She is a leading advocate for strategy-led financial operations, ethical industry practices, and structured education in an area too often overlooked in traditional business training. PSP Angels is a globally awarded, independent payment and banking consultancy that has supported over 1,000 companies in building scalable, secure financial infrastructures. The Soltesz Institute is the first and only independent online organization offering EU-accredited training and certifications focused exclusively on payments and banking.
James Shephard & Patti Murphy
September 18th, 2026
What makes a payments portfolio valuable—and what should agents and ISOs understand before selling? In this episode of the Merchant Sales Podcast, James Shepherd sits down with Lane Gordon, CEO of 733Park, to break down the process of selling a portfolio of merchant accounts and residual income.
They discuss the key factors that influence valuation, including revenue attrition, merchant concentration, vertical mix, portability, software integrations, and the strength of long-term agreements. They also explain right of first refusal, how buyers structure offers, and why the difference between upfront cash and an earnout can significantly affect the final deal.
In the Today in Payments segment, James and Patti Murphy explore recent FTC enforcement actions involving payment processors, growing expectations around industry compliance, consumer trust in AI-powered payments, digital wallet developments, Mastercard’s legal challenges, and the ongoing debate over the Credit Card Competition Act. Together, these conversations offer insight into both the opportunities and risks shaping the payments industry.
Company profile from GS260702
Valutec, a gift card and marketing services pioneer since 1998, is known for its comprehensive closed-loop, stored-value gift card transaction processing and loyalty programs. The company's experienced product team helps partners and merchants strengthen customer engagement and loyalty.