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 You can assist by [ editing it] now. 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. -0-
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.
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