Glenbrook's Bryan Derman filed the following report tonight from today's Finovate 1.0 Conference in New York City.
PULSE EFT Association, a Discover Financial Services company, has announced that it is implementing DebitProtect, a fraud detection and notification system, across its ATM/debit network.
TD Bank Financial Group and New Jersey-based Commerce Bancorp have announced that they have signed a definitive agreement for TDBFG to acquire Commerce Bank in a 75% stock and 25% cash transaction valued at US$8.5 billion.
Nellie Mae has published "Graduate Students and Credit Cards in 2006: An Analysis of Usage Rates and Trends" , a look at credit card usage among graduate students.
eBay has announced "the public availability of the beta version of its eBay Desktop application, a rich Internet application that can be downloaded for free at desktop.ebay.com. As a client application that can run both online and offline, eBay Desktop increases the functionality and personalization options available to eBay.com users. eBay Desktop is part of a series of new products and features eBay is introducing to help the company fulfil its commitment to improve the buyer experience."