In a move to create one of the world’s leading cash management, treasury management and electronic banking software companies serving both regional and multinational corporations, Cerg Finance, S.A. and XRT, Inc. today announced a definitive agreement to merge. XRT shareholders will contribute 100 percent of their shares in exchange for Cerg Finance common stock representing 17.75 percent pro forma ownership in the combined company. XRT, a privately held company headquartered in Wayne, Pa., will become the United States subsidiary of Cerg Finance. Together, the combined company will have approximately 425 employees worldwide.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more