Bank technology

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.

JPMorgan Chase & Co. has signed up four users for its corporate payment system and expanded the network's capabilities by adding procurement services.

In another sign of the shifts taking place in online bill payment, Online Resources Corp. disclosed that it has lost Jack Henry & Associates Inc., the No. 4 core account-processing provider, as a customer.

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

PayPal Inc. is encouraging consumers to use its mobile payment service at the recently revised version of eBay Inc.'s mobile auction site.

The Financial Institutions Shared Assessments Program is expected to announce a revision today to the standard it began developing early last year to evaluate security applications.

After speaking at a mobile commerce summit this year, I received an e-mail from one of the bankers in attendance wondering why there were no bank or credit union core processors there.