Merchant

Unique Management Services is handling collections for the Hamilton Township Free Public Library in New Jersey, which is owed an estimated $200,000 in unpaid fines for overdue books and materials. The collection agency contracts with large public libraries nationwide.

Investors taking over delinquent mortgages backed by Fannie Mae and Freddie Mac must work harder to reach deals allowing borrowers to keep their homes, according to new rules that are a nod to housing advocates who complain that investors often treat homeowners unfairly.

Square hopes to broaden its reach with its core micro-merchant market by offering technology to tap the $1.6 trillion e-commerce market.

Eagle Bancorp in Bethesda, Md., is looking to raise funds to exit the Small Business Lending Fund.

Debt buyer Asset Acceptance Capital Corp. will lay off 125 employees this spring. The firm's parent company, Encore Capital Group, disclosed the layoff plans this week in a required filing with the state.

The U.S. Department of Education's plan to end contracts with five collection agencies that allegedly provided wrong information to borrowers is expected to result in 400 lost jobs at one of the agencies.

First American Payment Systems is bringing another mobile point of sale system into the crowded marketplace of companies seeking small-merchant business.

Samsung Electronics Co. rebooted its premium Galaxy smartphone line with the S6 and S6 Edge, featuring payment software that makes them compatible with about 90% of card readers.

Uber Technologies Inc. said an unauthorized third party accessed the company's database last year and may have taken data on about 50,000 drivers.

The surprising part of a recent report on U.S. stress tests is not that Deutsche Bank and Banco Santander might fail, but that large banks manage to pass any country's stress tests at all.