alliant merchant services

. John Ferren, Canadian Imperial Bank of Commerce, VP, IR . Gerry McCaughey, Canadian Imperial Bank of Commerce, President & CEO . Tom Woods, Canadian Imperial Bank of Commerce, CFO . Ken Kilgour, Canadian Imperial Bank of Commerce, Chief Risk Officer . Sonia Baxendale, Canadian Imperial Bank of Commerce, Sr. EVP, Retail Markets . Brian Shaw, Canadian Imperial Bank of Commerce, Chairman & CEO, World Markets . Brian O'Donnell, Canadian Imperial Bank of Commerce, SVP & CFO, Treasury & Risk Management . Steve Cawley, TD Newcrest, Analyst . Jim Bantis, Credit Suisse, Analyst . Andre Hardy, RBC Capital Markets, Analyst . Brad Smith, Blackmont Capital, Analyst . Mark Ciccerelli, Elliott, Analyst . Michael Goldberg, Desjardins Securities, Analyst . Mario Mendonca, Genuity Capital Markets, Analyst .

Cap One Bids for Debit Card Share with an ACH-Based Card

(June 7, 2007) A new Capital One Financial Corp. MasterCard debit card that Cap One can market nationwide like a credit card has the potential to vault the financial-services company into the top ranks of debit card issuers and help MasterCard Worldwide swipe debit market share from Visa USA, the payments expert who this week released word of the product says.

The rewards debit card, which McLean, Va.-based Cap One is cobranding with merchants, is not linked to any accounts held by Cap One or Hibernia Bank, a bank Cap One acquired two years ago. Instead, the financial-services company, which made its name as an innovative credit card marketer, will issue the card to consumers across the country and then debit their checking accounts through the automated clearing house. By severing the historical tie between debit cards and demand-deposit accounts, Cap One can market the card to virtually anyone with a checking account.

bellwetherreport.com: US Bancorp is Added to Watch List

Not quite a bank for the entire US, U.S. Bancorp operates nearly 2,500 locations, along with almost 5,000 branded ATMs in about 25 midwestern and western states. The bank holding company, one of the 10 largest in the country, owns U.S. Bank and other subsidiaries that provide consumer and commercial banking, as well as mortgage banking, wealth management, corporate payment services, equipment leasing, and insurance. Among other units, NOVA Information Systems is a leading processor of merchant credit card transactions in the US and Europe. FAF Advisors (formerly U.S. Bancorp Asset Management) changed its name in 2006 to emphasize its relationship with the First American family of mutual funds that it manages. Shares were down 0.47% Receives 'Outstanding' CRA Rating. BellwetherReport.com is a leading online research firm for international investors looking to get an edge over their portfolio.