Short Take: Mellon Bank, Treasury Department use SET

Mellon Bank and the U.S. Treasury's Financial Management Services announced that they will begin a U.S. based e-commerce initiative using the Secure Electronic Transaction protocol. Employees of the two companies, using Mellon Bank MasterCard cards, will have access to the Web sites of the Bureau of Public Debt and the Defense Reutilization and Marketing services in order to purchase savings bonds and surplus government merchandise, through SET.