Merchant

Lawsuit filings dropped dramatically in May in all three key consumer statute categories - Fair Debt Collections Practices Act, Fair Credit Reporting Act and Telephone Consumer Protection Act, according to WebRecon LLC, a Grand Rapids, Mich.-based company that tracks the data from U.S. district courts.

Ingenico SA will provide the contactless payment terminals that Banco Nacional de Mexico, or Banamex, plans to make available for up to 30,000 retailers in Mexico.

Iyzi Payments has raised $1.4 million from a group of undisclosed angel investors, and it will use the funds to build a new payments platform in Turkey.

The Mississippi Department of Revenue is providing its agents with mobile devices to accept credit or debit cards for tax payments.

The U.S. Court of Appeals for the Tenth Circuit upheld a district court judgment in favor of the Federal Trade Commission and four state attorneys general against a woman involved in a scheme that deceived consumers by falsely promising them a “guaranteed” $25,000 grant from the federal government.

New nonbank companies entering the payments industry should be subject to the same regulatory oversight and transparency requirements as their financial institution peers, according to a report released by the American Bankers Association.

Mobile payments companies and retailers will forge more partnerships where they retain customer identities, making it unnecessary to re-enter credit-card information, said John Collison, co-founder of Stripe Inc.

Former collection agency executive Patrick Pinto pleaded guilty Tuesday to one count of conspiring to commit bank bribery while he was an executive of Oxford Collection Agency, according to Deirdre M. Daly, Acting U.S. Attorney for the District of Connecticut.

Online restaurant reservation provider OpenTable Inc. has acquired mobile payment startup JustChalo Inc. for $11 million.

Punchey's tossing its hat into the mobile payments ring with a mix of mobile card acceptance, social network-driven marketing and other services designed for merchants that handle larger payments.