Merchant

Brevard County, Fla. officials reported this week plans to write off $6.6 million for emergency medical service transports to area hospitals from the budget year ended Sept. 30, 2013.

Community Financial Corp. in Waldorf, Md., raised $23 million from a debt offering.

CardFlight has updated its SwipeSimple mobile point of sale device, which allows merchants to take payments and manage their business from smartphones and tablets.

The Consumer Financial Protection Bureau can learn a lot from the Centennial State.

Mobile wallets are typically designed to be most useful at the point of sale. Israeli location-based technology vendor WiseSec sees an opportunity to extend a mobile app's utility throughout the store by using beacons that can sense how far away a shopper is.

First Data is planning to launch a new suite of payment processing software in partnership with Capgemini, a financial consulting and outsourcing firm based in Paris.

Wells Fargo Bank will pay $4 million for credit card-related violations uncovered by a New York Department of Financial Services examination of the bank's former affiliate, according to New York officials.

Mobile payments provider Spindle will provide aggregation technology to EggZack to resell to mobile point of sale and e-commerce merchants.

A group of Utah-based defendants claiming to be legal experts in loan modifications have settled Federal Trade Commission charges that they broke the law by conning consumers into paying hefty fees for apparently worthless debt relief services.

Two former Sallie Mae executives have started a new student loan financing company.