Bank technology

The table lists daily composite stock prices at 4 PM (unless otherwise noted) as measured by market capitalization.

After deciding they were no longer a strategic fit, Fiserv Inc. has agreed to sell most of its health-care operations to the insurer UnitedHealth Group Inc. of Minnetonka, Minn.

Wachovia Corp. has created a business unit to oversee all its payment offerings for consumers and small businesses.

A rash of transactions in the financial technology industry in the past several months likely will have an impact over the next few years.

Purepay LLC, a $100 million Columbus, Ohio, buyout fund focused on payment vendors, said Thursday that it has acquired a controlling stake in Netvantage Inc., a Gaithersburg, Md., processor the mainly serves state and local governments and has 140 lockbox clients.

Heartland Payment Systems Inc. named its chief financial officer to the additional post of president and said its third-quarter earnings grew 16.2% from a year earlier, to $11.8 million, or 30 cents a share.

Strong sales helped boost third-quarter earnings for the Jersey City payments technology provider Fundtech Ltd.

Prosper Marketplace Inc. has already demonstrated that it can attract a large customer base, and its plan to create a secondary market for its person-to-person lending service will test whether its users are willing to engage in more sophisticated transactions.

Prosper Marketplace Inc. plans to create a secondary market for loans originated on its person-to-person lending site.

A sharp drop in its stock price in the past week has made Online Resources Corp. more likely to be acquired, analysts say.

Metavante Technologies Inc., which is expected to begin trading as a public company today, will join the Standard & Poor's Corp.'s MidCap 400 index.

The Cary, N.C., financial technology provider SAS Institute Inc. said it has developed a real-time fraud detection system for payment cards with HSBC Holdings PLC, which has started using the system in the United States.

Jack Henry & Associates Inc. expects to save money in online bill payment by shifting to a new service provider and managing more of those payments itself.

Metavante Holding Co., which is set to be spun off from Marshall & Ilsley Corp. of Milwaukee on Thursday, said Monday that it has selected its board.

A company that routes payments between telecom carriers and companies that provide other services for land lines says its adaptation of its model for mobile phones will enable people to charge purchases from third parties to their monthly bills.

Hypercom Corp. could show some progress toward a turnaround when it reports third-quarter earnings Thursday, in part as a result of the pending rollout of a new product line, according to Gil B. Luria, an analyst for Wedbush Morgan Securities.

There's big money for banks in people's loose change, according to a report TowerGroup Inc. published Monday.

Franklin Mint Credit Union of Media, Pa., has implemented antifraud software from Aithent Inc.