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Weekly News Digest
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October 17, 2005 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today.
CLICK HERE to view more Weekly News Digest items.
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PayPal to Acquire VeriSign’s Payment Gateway Business;
eBay (http://www.ebay.com) and VeriSign (http://www.verisign.com) recently announced an alliance on payment services and security initiatives for e-commerce. Under the agreement, PayPal, an eBay company, will acquire VeriSign’s payment gateway business and combine it with PayPal’s leading merchant services platform.VeriSign will also provide eBay and PayPal with security services that include the deployment of two-factor authentication, a security system that gives customers a one-time password or digital certificate to help protect against online identity theft. eBay and VeriSign have also signed a security technology agreement that calls for eBay to invest in the deployment of VeriSign technologies to enable and protect online transactions, including buying up to 1 million two-factor authentication tokens. eBay and PayPal plan to begin the rollout of two-factor authentication to customers in 2006, including marketing and security programs designed to promote customer adoption. Source: VeriSign, Inc.
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Brandi Scardilli
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