Welcome | Log In
News

Stock Watch: Credit Card Deal Sends Ariba Soaring

Print Version
E-Mail Article
Reprints

By Nora Macaluso
E-Commerce Times
Part of the ECT News Network
06/06/00 12:00 AM PT


From Laid-Off to Entrepreneur: Launching a Web Biz on a Shoestring. "That day" has arrived. For whatever reason, the job you’ve been working for years is no longer there for you. Times are tough; people are facing unemployment in droves. In today's economic age, however unfair, it's a reality. What do you do now? [Download PDF: 10 pgs | 558k]

Ariba, Inc. (Nasdaq: ARBA) soared 10 to 80 1/2 Monday after the B2B software company announced it will team up with VeriSign (Nasdaq: VRSN) More about VeriSign, Inc. (Nasdaq: VRSN) and American Express Co. to offer payment processing services for business-to-business online transactions.

The companies said they also plan to develop a new standard to allow communication between different companies' systems and provide greater security.

The new system, which the companies said will cut time and costs for buyers and sellers, will be available to businesses using American Express to pay for transactions made over Ariba's B2B network.

"This alliance is our latest step in building an open network of commerce services with leading infrastructure and service providers," said Eric Bochner, vice president of Ariba Commerce Services.

The news did not help shares of VeriSign, which fell 4 11/16 to 177 11/16, or American Express, which ended 7/8 lower at 55 5/8.

Social Networking Toolbox:
Talkback: Be the first to comment on this story.

Print Version E-Mail Article Reprints More by Nora Macaluso   RSS

Related News Alerts

VeriSign Activate Alert | Search Archives
Don't miss a story -- sign up for our FREE e-mail newsletters and view the latest headlines at a glance.
Tech News Flash [ View Sample ]
E-Commerce Minute [ View Sample ]
ECT News Network Weekly Newsletter [ View Sample ]
Shortcuts
> Get Business and Technology News Alerts
> Most Popular | Spotlight Features | Exclusives
> This Week on ECT News Network | Podcasts
> WiFi Hotspot Locator
Latest Reviews
> [More...]
LinuxInsider
E-Commerce Times
TechNewsWorld
MacNewsWorld
CRM Buyer
Most E-Mailed Articles
  1. How to Build a Small-Business Web Site, Part 1: Nuts and Bolts
  2. Keep in Touch With Customers - but Not Too Much
  3. US Tech Firms Team to Juice Up Electric Car Batteries
  4. How to Build a Mac Home Network
  5. Facebook Faces Nature's Wrath in Breastfeeding Photo Flap
LinuxInsider Sponsored Links
Is Your Wireless LAN Deployment at Risk?
Take the FREE Motorola AirDefense WLAN Security Assessment
Think your data is safe?
Think again. It's time to Outthink the Threat. Get eBook now.
  WiFi Hotspot Locator
City or Zip/Postal Code:
Country/Region:
ECT News Network Information
Locate Products and Services
Corporate
Reader Services
ECT News Network
Terms of Service | Privacy Policy | How To Advertise
Copyright 1998-2009 ECT News Network, Inc. All Rights Reserved.