Technology

With a population of 1.35 billion people, more than half of whom already use mobile services, the People's Republic of China represents the largest and perhaps the most attractive, if somewhat challenging, market for mobile commerce on Earth.

FICO plans to help credit and debit card-issuing banks cut down on fraud through its new service that uses a mobile phone to determine a cardholder's location.

ACI Worldwide completed its $109 million acquisition of electronic billing technology developer Official Payments Holdings.

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.