Ttab Reverses Disclaimer Requirement of "Commerce" in "Commerce Bank" Mark
The Board reversed a PTO requirement that Applicant Commerce Bancorp disclaim the word COMMERCE in the mark COMMERCE BANK & Design for banking services ["BANK" disclaimed]. In re Commerce Bancorp, Inc.
Security fears scare off US customers from online banking, shopping
Nearly $2 billion in US e-commerce sales will be lost in 2006 due to consumer concerns over the security of the Internet, according to a survey by Gartner, which also found that fear of fraud and identity theft have prevented around 33 million US adults from banking online. The survey of 5000 online US adults in August 2006 found that recent security breaches - both online and offline - are having a significant impact on buying patterns and use of Web banking facilities.
Gartner: Web security fears cause $2 billion online commerce loss in 2006
Consumer anxiety about internet security has caused a $2 billion loss in e-commerce and banking transactions this year, according to a Gartner analyst.