The Green Sheet Online Edition
April 4, 2025 • 25:04:01
Industry Update
ANNOUNCEMENTS
BlytzPay recognized as an emerging leader
BlytzPay, a collections management platform, was honored by Cherokee Media Group at the inaugural Automotive Intelligence Awards for its innovative impact on the automotive industry. Recognized alongside DealerClub, RockED and SelectFI, BlytzPay stood out for enhancing the payments experience, streamlining collections and strengthening dealer-customer relationships through intelligent automation, CMG stated. BlytzPay was also featured in Auto Fin Journal and participated in panels at the recent Auto Intel Summit in North Carolina.
BlueSnap named best B2B payments product
The ninth annual FinTech Breakthrough Awards named BlueSnap the Best B2B payments product for its global payment orchestration platform. Designed to streamline digital payments, reduce costs and support global expansion, BlueSnap's platform enables businesses to accept more payment types, improve authorization rates in 50 countries and boost cash flow, the awards program noted. BlueSnap pointed out that with integrations to platforms like BigCommerce, Microsoft Dynamics and Oracle NetSuite, it helps B2B companies scale and simplify cross-border transactions. BlueSnap was selected from over 4,500 global submissions to the program.
BlueStar named 'Top Distributor Partner of the Year'
Seagull Software named BlueStar its Top Distributor Partner of the Year for 2024, recognizing its leading sales of BarTender software, market expansion and strong collaboration. Seagull, known for barcode and label creation solutions, praised BlueStar's excellence and impact across the BarTender ecosystem.
Dean Reverman, BlueStar's vice president of marketing, expressed pride in the award and enthusiasm for continuing the successful partnership. The recognition underscores the companies' joint efforts to advance intelligent labeling, data management and operational efficiency through Seagull's powerful labeling software solutions.
NCR Voyix a leader in IDC MarketScape
NCR Voyix, a global digital commerce provider, was named a Leader in the IDC MarketScape: Worldwide POS Software Platform Vendors in Retail, Fuel and Convenience 2025 report. The recognition highlights NCR Voyix's expertise in delivering flexible, edge-enabled POS solutions that support omnichannel retailing, agility and customer loyalty, IDC stated, adding that the platform's edge-native infrastructure allows seamless software updates on existing hardware, lowering costs and boosting resilience. NCR Voyix is focused on unifying digital and physical commerce to help retailers stay competitive and transform locations into full-service destinations.
Payroc honored in FinTech Breakthrough Awards
Payroc was named the best B2B payments platform in the ninth annual FinTech Breakthrough Awards. The company was recognized for its innovative, partner-focused payments ecosystem, the judges stated. Focused on ISVs, sales partners and merchants, Payroc offers a unified platform with gateway services, APIs, POS solutions and the low-code Payroc Cloud. Its tailored tools simplify integrations, support various industries, and boost profitability through programs like RewardPay Choice and ConsumerChoice, Payroc noted, adding that the award highlights its commitment to seamless, scalable and flexible payment solutions that drive growth, innovation and enhanced user experiences.
VizyPay on Inc. Regionals Midwest list, 4th year in a row
VizyPay, a fintech company serving small businesses in rural America, earned its fourth consecutive spot on the 2025 Inc. Regionals: Midwest list, ranking No. 89 overall, No. 3 in Iowa, and No. 4 in financial services. The recognition highlights VizyPay's rapid growth and dedication to providing affordable, transparent payment solutions. The company said it has saved over $40 million in processing fees for 12,000+ merchants and processed more than 131 million transactions. Its LFG Tour, led by CEO Austin Mac Nab, mentors entrepreneurs nationwide. VizyPay also received Des Moines Top Workplace and DSM Inclusion Awards in recognition of its commitment to people and community.
RESEARCH
Gen Z's preferences transforming payments
PXP's new survey reveals Gen Z's strong preference for instant, digital-first payment methods, with traditional banking options declining. Key findings show rising use of mobile wallets (19 percent for grocery shopping), multi-currency wallets (57 percent for travel), wearable tech (41 percent), and biometric payments (33 percent). Debit cards remain the top method for 34 percent. PXP's Generational Trends 2025 report highlights Gen Z's tech-savvy habits reshaping retail and travel sectors. PXP urges merchants to embrace seamless, secure and innovative checkout experiences to win Gen Z loyalty and stay competitive in the evolving payments landscape.
Cryptocurrency business report 2024-2030 available
The ResearchandMarkets Cryptocurrency Trends – Global Strategic Business Report projects the market to grow from $2.1 billion in 2024 to $5 billion by 2030 at a CAGR of 15.4 percent. The report explores how blockchain-driven innovation is reshaping financial systems through decentralized, secure, and efficient methods of value exchange.
Key growth drivers include rising demand for decentralized finance, institutional adoption, digital payment trends, and the emergence of stablecoins and central bank digital currencies. Innovations like DeFi, NFTs, and eco-friendly blockchain protocols are expanding use cases. Shifting consumer preferences, especially among younger generations, are accelerating adoption, supported by easier access and growing integration with mainstream finance, researchers noted.
FPC studies directory services' role, QR code adoption
The U.S. Faster Payments Council released How a Directory Service Accelerates Instant Payments, which highlights how directory services can enhance the speed, security and reach of instant payments. Produced by the FPC Directory Models Work Group, the report explores various directory models, real-world use cases and implementation strategies. Directory services help reduce fraud, simplify bill payments and enable seamless transactions by allowing users to share aliases like email or mobile numbers instead of sensitive banking data. The report additionally emphasizes directory services' critical role in the interoperability, adoption and optimization of faster payments systems.
The FPC also released Overcoming Instant Payment QR Code Impediments to Adoption: Usability, which examines challenges in using QR code-based instant payments at the POS. Developed by the FPC QR Code Interface Work Group, the report highlights barriers like outdated POS systems, integration complexity and lack of standardization. It explores how technologies like SoftPOS can improve adoption and calls for industry-wide efforts to enhance usability and interoperability. The FPC continues to drive faster payment adoption through collaboration, aiming to create a seamless, accessible payment experience.
PARTNERSHIPS
Aevi empowers QorPay's in-person payments
Aevi, a provider of in-person payment orchestration, partnered with fintech company QorPay to enhance global, seamless and scalable card-present payment experiences. Aevi's cloud-based platform supports QorPay's mission to offer flexible, future-ready payment solutions, providing unified endpoint management and deep transaction insights. The collaboration enables QorPay to integrate in-person payment data into its broader ecosystem in order to boost operational efficiency and customization. QorPay said this partnership marks a key step in the expansion of its PFaaS model and its commitment to driving payment innovation worldwide.
Aria integrates Mangopay
Aria, a provider of deferred payment infrastructure for B2B platforms, deepened its partnership with Mangopay to optimize its embedded finance offering. By integrating Mangopay's wallet-based payment solution and virtual IBANs, Aria expects to gain greater efficiency in reconciliation, payouts and refund management—reducing transaction processing time. This collaboration supports Aria's international growth, now enabling GBP and USD payment flows. Aria's API-driven platform allows B2B marketplaces to offer sellers immediate payments and buyers deferred terms, which can reduce credit risk and boost sales. Mangopay's secure, AI-powered infrastructure enhances Aria's capabilities, streamlining operations and unlocking new revenue opportunities, Mangopay noted.
Neon Bloom, Genwin aim to speed transaction processing
Neon Bloom partnered with Genwin LLC, a B2B software developer specializing in ecommerce and enterprise solutions. This collaboration is expected to boost Neon Bloom's transactional efficiency and annual revenue by reducing reliance on third-party vendors and enhancing control over payment processing. Genwin will support Neon Bloom and its subsidiary, Advanced Executive Sales, with advanced back-end development. Neon Bloom CEO Greg Bauer emphasized the goal of creating seamless, AI-driven payment systems that improve speed, security and reliability, helping the company gain market share and minimize processing disruptions.
Sabre, CellPoint Digital team up on airline payments
Sabre Corp. and CellPoint Digital partnered to transform airline payments by integrating CellPoint's payment orchestration into SabreSonic and Radixx platforms. This collaboration is designed to give airlines access to a wide range of pre-integrated payment options—like digital wallets, real-time bank transfers and alternative payment methods—through a single connection. The goal is simplified payment processes, enhanced customer experience and reduced operational costs. The agreement, Sabre stated, reflects its commitment to helping airlines adapt to evolving payment needs while improving efficiency, flexibility and conversion rates.
Vaulta, Virgo partner on cross-border payments
Vaulta, a Web3 banking OS provider, partnered with VirgoCX Global Holdings to launch VirgoPay, a cross-border remittance network powered by stablecoins. Set to debut in May 2025, VirgoPay will use Vaulta as its default settlement layer, which is expected to reduce international transfer fees by up to 70 percent and slash transaction times. Users can fund transfers via traditional or crypto methods and track payments in real time. The service aims to boost financial access in underserved areas and expand globally, starting with hubs in the United States, Canada, Hong Kong, Argentina, Brazil and Australia.
ACQUISITIONS
Nayax announces acquisition of Inepro Pay
Global payments and commerce platform Nayax Ltd. acquired Inepro Pay, its long-time distributor in the Benelux region (Belgium, Netherlands and Luxembourg). This move, Nayax noted, strengthens its direct presence in Europe by transforming Inepro Pay into a full-service Nayax office in the Netherlands, joining its UK and Germany locations.
The acquisition also enhances customer support, streamlines operations and expands sales outreach using Inepro Pay's local expertise. Europe represents 36 percent of Nayax's 2024 revenues, making the region vital to its growth strategy, Nayax affirmed, adding that the deal reinforces its mission to simplify commerce and deepen customer loyalty through an integrated, scalable platform tailored to merchants' evolving needs.
Wink, Phoenix Managed Networks merge
Biometrics and AI expert Wink merged with Phoenix Managed Networks, a global payment technology provider, to accelerate adoption of biometrics and AI in omnichannel commerce. The combined platform leverages Wink's AI and biometric solutions—such as pay by face, palm and voice—with Phoenix's payment infrastructure, which supports 10 million monthly transactions and 220,000 merchant connections, the merged companies stated. Together, they aim to deliver secure, seamless and fraud-free transactions. The merger, they noted, creates an open payments platform grounded in strong security and compliance standards, positioning the new Wink as a leader in next-generation payments for global commerce.
WPP acquires InfoSum
WPP acquired InfoSum, a data collaboration platform, to enhance its AI-driven data capabilities. The acquisition integrates InfoSum's privacy-first, cross-cloud data technology into WPP Open and GroupM, which is expected to allow clients to securely connect, enrich and activate first-party data across the marketing ecosystem. This enables faster, more effective AI model training, audience targeting and campaign optimization, WPP stated. InfoSum's global data network spans top media platforms and data partners, offering WPP clients unparalleled access to actionable intelligence, WPP added, noting the merger strengthens its leadership in AI-powered marketing innovation.
APPOINTMENTS
PayTech Women appoints Dr. Gail Burgos
Coinciding with its 20th anniversary in February 2025, PayTech Women, a nonprofit empowering women in payments and fintech, appointed Dr. Gail Burgos as CEO. Dr. Burgos brings over 25 years of DEI and leadership experience to her new position, including roles at TSYS and 1st Sentry, and as founder of Burgos Consulting Group. She helped launch PTW's DEI Council and Member Inclusion Groups. Dr. Burgos succeeds Wendy Holliday, who led PTW through strong growth.
Tony Kueh signs on with DataVisor
DataVisor appointed Tony Kueh as its first chief operating officer. He brings to the company more than two decades of experience in scaling technology companies and driving go-to-market success. Known for taking businesses from under $25 million to over $500 million in annual recurring revenue, Kueh has held leadership roles at Anywhere Real Estate and VMware. As COO, he is responsible for leading global marketing, sales and customer success efforts to fuel DataVisor's growth. Kueh's deep expertise in aligning cross-functional teams and building high-performance organizations will be key in expanding the company's market presence and combating rising fraud in an evolving digital landscape, DataVisor stated.
Mohanraj Makkuni joins Zil Money
Zil Money appointed Mohanraj Makkuni as chief marketing officer to lead its expansion into the enterprise space and enhance its global presence in banking and payment solutions. With over 30 years' experience across industries including fintech, international trade and manufacturing, Makkuni brings to the company deep expertise in strategic marketing and global partnerships. He previously led Greenvironment Innovation's global expansion and contributed to medical innovation at INNVOL Medical. Also known for his social impact work, Makkuni's appointment aligns with Zil Money's mission to empower communities. His leadership is expected to drive growth, strengthen partnerships and boost Zil Money's global brand.
Judopay welcomes Anant Patel
Anant Patel joined Judopay as CEO, bringing over 20 years of leadership experience in the payments industry to the role. Known for driving growth in both startups and global corporations, Patel has held senior positions at WEX Inc., ConnexPay, Mastercard, eNett, First Performance Global, and most recently, Monavate. With a background in computer studies and an MBA from the University of Warwick, he now leads Judopay's UK team, aiming to expand its payment solutions and accelerate innovation through integration with parent company Fabrick. Patel is focused on delivering seamless, future-ready payment experiences that support digital global commerce.
PayRetailers welcomes Tristán Torres Velat
PayRetailers tapped Tristán Torres Velat for the position of chief commercial officer. Velat brings more than two decades of leadership experience in banking, technology and payments to his new role. He has held key roles at Mangopay, Amazon, Deliveroo and Ant Financial, where he drove international growth strategies across B2B and B2C sectors. Known for his entrepreneurial mindset and data-driven approach, Tristán excels in scaling businesses globally. At PayRetailers, he will lead commercial strategy, foster partnerships and support expansion into high-growth markets. Tristán expressed enthusiasm for joining the company at a pivotal time when he can help it deliver seamless, localized payment solutions in emerging regions. 
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