Tumbleweed Communications Corp has announced the completion of the merger between itself and Valicert. Under the terms of the merger agreement, which has been approved by the stockholders of both companies, each Valicert share of common stock has been converted into the right to receive 0.385 of a share of Tumbleweed Common Stock. Letters of transmittal regarding the procedures to exchange Valicert common stock for Tumbleweed common stock will be sent to former Valicert stockholders in the near future. As a result of the acquisition, Valicert shares will no longer be listed on the NASDAQ stock market’s national market. The combined company will now service over 600 enterprise customers, including 9 of the 10 largest U.S. banks; 6 payment and clearing networks; 16 Blue Cross Blue Shield companies; 6 of the 10 largest U.S. pharmaceutical companies; 7 U.S. state governmental agencies; and all 4 branches of the U.S. military forces.
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