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.

MODASolutions eBillMe, an alternative payment option that allows consumers to pay merchants directly through their online bank account, has introduced a new Buyer Protection Plan.

Postilion has announced the launch of Postilion Mobile, a new mobile banking and payments solution for banks and credit unions in the U.S.

Over on the NetBanker blog, William Azaroff is live blogging today's Finovate conference in New York City. Glenbrook's Bryan Derman is attending today's session - if you're there, be sure to look up Bryan and say hello!

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."

• Kabira Technologies Global Alliance Program Invests in New Financial Services and Mobile Payments Partnerships
• Mexico Banking Leader BBVA Bancomer Selects Hypercom
• IdenTrust Announces Expanded Partnership with VocaLink for Direct Corporate Access to the VocaLink Euro CSM Service
• Fundtech's IGTplus Financial Messaging Gateway Deployed by UBS for US Dollar and Swiss Franc Clearing
• Microsoft BizTalk Server Customers Gain Enhanced Access to SWIFTNet
• WSJ: Acxiom Sale Unravels, in Sign of Times
• Sun Microsystems and Bank of America Pilot New Solaris-based Payments Processing System to Help Improve Treasury Efficiency