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ADVISORY/ Major Financial Institutions Announce New Company to Provide Businesses Globally With a Single Electronic Identity.


--(BUSINESS WIRE)--

Paves the way for widespread implementation of

international business-to-business This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.
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 e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers.  

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WHO: Executives from eight global financial institutions - ABN, AMRO
     Bank N.V., Bank of America, Bankers Trust, Barclays Bank, Chase
     Manhattan, Citibank, Deutsche Bank and Hypo Vereinsbank - and
     CertCo, an electronic commerce security leader.

WHAT: Audio conference calls announcing they intend to form a new
     global, for profit company, to enable the widespread adoption of
     trusted business-to-business electronic commerce.

WHEN: Wednesday, Oct. 21, 1998


  REGION               TODAY             PHONE NUMBER
                     WEDNESDAY
                     OCTOBER 21

European media       2:45 p.m.        (612) 332-0725 - European access
                    (London time)     (800) 230-1085 - U.S.

Eastern and Midwest  11:30 a.m. EDT   (800) 553-0329 - U.S.
U.S. media                            (612) 332-0932 - European access

Western U.S. media   11:00 a.m. PDT   (800) 260-0712 - U.S.
                                      (612) 288-0329 - European access

WHERE: Calls based in New York, N.Y., USA.

WHY: The new global trust enterprise will become the first business
     solution that addresses one of the real barriers to worldwide
     e-commerce adoption: uncertainty about a trading partner's
     identity. With this effort, the financial services industry is
     extending its well-established role as facilitator to global
     trade into the digital economy.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 21, 1998
Words:195
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