Articles by Mark W. Vigoroso

Financial software provider BizCurrency said Tuesday that it is offering foreign currency exchanges for transactions conducted through online business-to-business (B2B) marketplaces "The online foreign exchange capability is a cash-based payment alternative for buyers and sellers on online marketplaces," BizCurrency vice president of strategic deve...

Just two days after shutting down operations, online currency provider Flooz.com told itspartners Friday that it plans to resume business, possibly by way of a merger. "We have been in discussions with several companies about merging to create a strongerentity to operate in this challenging environment," Flooz.com chief executive officer Robert Le...

Online auction site BidBay.com said Thursday that it has filed a motion to dismiss the trademark infringement lawsuit recently filed against it by Internet auction giant eBay (Nasdaq: EBAY) In papers filed in U.S. District Court in San Jose, California on Tuesday, Tujunga, California-based BidBay contended that the case should be dismissed for fil...

With tax rebate checks from the U.S. government beginning to arrive in consumer mailboxes, some e-tailers are hoping the extra cash will make its way to their bottom lines. According to many industry experts, however, online businesses should not head for the bank quite yet. Due to the nominal amount of the rebate checks, few analysts suggest that...

Travel e-tailer Travelocity.com (Nasdaq: TVLY) officially launched a speech-driven customer service application Monday that will allow customers to review existing travel plans over the phone, the company said. Forrester Research senior analyst Henry Harteveldt told the E-Commerce Times that this innovation in customer service typifies a trend in ...

The U.S. government moved one step closer to a permanent ban on Internet access taxes and a five-year extension on the moratorium on multiple or discriminatory Internet taxes Thursday, when the House Judiciary Subcommittee on Commercial and Administrative Law passed the "Internet Tax Nondiscrimination Act" (H.R. 1552) However, Judiciary Committee s...

Though some observers say that the Internet provides crucial value to life insurance consumers as a research and information tool, the Web might not be the best place to find good deals, according to findings released Tuesday by the Consumer Federation of America (CFA) "We thought that term life insurance was a simple product that we could test and...

GoTo.com (Nasdaq: GOTO) announced Monday that it will spin off its auctions unit into a self-contained auction service provider called ChannelAdvisor. Most recently, ChannelAdvisor has operated within GoTo, helping create e-marketplace brand presences on such sites as eBay (Nasdaq: EBAY), Yahoo! (Nasdaq: YHOO) and Amazon.com (Nasdaq: AMZN)....

Total U.S. online spending decreased from US$3.9 billion in May to $3.2 billion in June, an 18.3 percent drop, according to a report released Wednesday by Forrester Research (Nasdaq: FORR) in conjunction with Greenfield Online Even taking the sputtering U.S. economy into account, Forrester research director James McQuivey did not expect to see this...

In the aftermath of Amazon.com's release of its Q2 earnings report Monday, several industry analysts believe that the e-tailer can make good on its prediction of year-end profitability The consensus is that Amazon (Nasdaq: AMZN) is pulling back enough on its growth strategy to reach its goal of profitability -- at least pro forma profits -- by the ...

The Electronic Payments Association announced Monday that ATM or debit cards can be used on the Internet with transaction authentication and security that are comparable to point-of-sale purchases Also known as the National Automated Clearing House Association (NACHA), the nonprofit Electronic Payments Association concluded its "Internet Secure ATM...

Companies that want to take advantage of the opportunities posed by e-commerce will have to do a better job managing dynamic pricing strategies, intellectual property rights, and partnership relationships, researchers at the University of California-Irvine Graduate School of Management announced Thursday By developing their management techniques in...

Looking to capitalize on the demise of many of its competing e-commerce service providers, Minneapolis, Minnesota-based Digital River (Nasdaq: DRIV) announced Wednesday the launch of its E-Rescue Program. The program purports to be a lifeline for companies and government agencies that are working with e-commerce service providers which are failing...

Aiming to carve out a spot in the peer-to-peer e-commerce space that has been dominated by players like eBay (Nasdaq: EBAY) and eBay-owned Half.com, Grab A Bargain.com on Tuesday officially launched its fixed-price bargain marketplace for the buying and selling of books, music and movies. While notions of David versus Goliath -- or Netscape versus...

Online travel site Travelocity.com (Nasdaq: TVLY) announced Monday that it has entered into agreements with Lufthansa and British Airways (NYSE: BAB) to become the first global online travel partner for both airlines. As part of the agreement, Travelocity will offer special fares from British Airways and Lufthansa, and will kick off integrated mar...