Technology

On Track Innovations Ltd. (OTI) plans to ship 40,000 Near Field Communication payment readers to North America by the end of the year.

Consumer lending in September fell to its lowest point since early in the year, according to the latest American Banker Index of Banking Activity. Commercial lending provided a minor bright spot, but credit quality may be buckling amid intense competition.

Total Systems Services (TSYS) and Womply, a big-data startup, are nearing their goal of providing Womply's Insights platform to 10,000 of TSYS' clients by the end of the year.

In the cluttered mobile payments market, mShift Inc. says it has a chance with its AnyWhereMobile system, which expands on its expertise in mobile banking.

Payments processor Elavon will handle mobile payment transactions generated through iZettle mobile card readers in Europe.

Square Inc.'s new partnership with Staples treats the office supply seller as both a distribution channel and a showroom for its Square Stand point of sale system.

MasterCard Inc. has partnered with the apparel seller J. Crew to target "digital mom" shoppers with the MasterPass digital wallet.

Citibank Hong Kong and wireless carrier 3 Hong Kong are jointly launching the 3 Citi Wallet, which was designed for Hong Kong, but establishes a technology Citi can export to other regions.

Xoom Corp. has expanded its bill-paying services in the Philippines through a partnership with the Bayad Center.

HIG Capital's April acquisition of Pegasus Financial Services has resulted in the creation of Onyx Payments, which will process payments and provide financial services software to the hotel and travel agency industries.