(NYSE: WFC) announced that they are forming a new
company that will allow customers to pay bills and be paid electronically. Banks
like electronic billing because it is cost-efficient and can be faster than
traditional forms of securing payment.
- Banking Giants Form Online Billing
Venture, E-commerce Times June 23, 1999
Tuesday
The U.S. Commerce Department is looking
at electronic commerce to provide the primary economic growth for the United
States over the next 100 years, but at the same time, the agency has not yet
figured out how big an impact Internet business has had on the country to date.
Information technology businesses still contribute less than one percent of the
country's overall economic production, the study notes. "While the numbers are
still small, when compared to our overall economy, they are growing more rapidly
and provide more evidence that electronic commerce will be the engine for
economic growth in the next century," Said William Daley Secretary of Dept. of
Commerce.
- E-commerce Times, June 23, 1999
Wednesday
If you're not leveraging the power of
the Web to run your business, you're not keeping up with your competitors. The
Web brings a world of information to your digital doorstep. It can spare you
from schlepping to the post office, keep you in contact with co-workers and
business partners, and give you access to tons of important data about the
markets you compete in and the countries you do business in. It delivers the
news and helps you shop for the latest technology. And it brings you lots of
free electronic business services that were otherwise beyond your budget.
-
101 Best Business Sites , CMP Tech Web
Thursday
The number of Internet users in North
America has now reached 92 million, and the commercial growth of the Web is
emerging as a dominant trend in the development of the Internet. According to an
April 1999 study released today by CommerceNet and Nielsen Media Research, the
number of Internet users age 16 and older in the U.S. and Canada increased 16%
in just nine months, yet the number of on-line consumers jumped 40% to 28
million during the same period.
- Women Shoppers Head To The Web In Force As
The Number Of Internet Buyers Jumps 40% In Nine Months, E-commerce Talk
Friday
300 million online purchases in 1998, 3
billion online searches in 1998, and over 100 billion e-mails sent in 1998.
Already, more e-mail is sent on a per capita basis than snail mail. Forecasts
show e-mail growing to over 320 billion messages by 2002.
- Conference
Coverage, ClickZ
