Updated

The Federal Trade Commission and Washington state reached a $600,000 resolution with payment processor Riverside Payments Inc., its affiliate Cascade Equipment Leasing LLC and their operators, announced on November 2, 2026. The agencies allege the firms falsely promised to save small businesses money on payment processing services. The complaint alleges the firms failed to disclose fees and auto-renewing contracts to small business customers, and that the terms of cancellation were not clearly presented.