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Zerify Inc ZRFY
(Total Views: 224)
Posted On: 12/06/2017 7:16:53 PM
Post# of 82687
Posted By: 4sleddogs
Re: Pugilista #10658
Exactly! Singapore Telecom (Trustwave's 97% owner) is in a tough spot right now. They are going to have to pay who knows how many millions to Strikeforce AND ongoing license/royalty fees. You'll recall they rolled out MFA/OOBA for their Asian mobile banking customers last Oct. Now they have lost their possible free entry point into the US secure mobile banking market with the Trustwave settlement. With SFOR's pending international patent (over 3 years already in-process) the rest of the world market for MFA/OOBA mobile banking service will be closed to them. IF they buyout SFOR, they can recoup the buyout price from further R&G litigation and have a monopoly on that global market. Singtel CEO Chua Sock Koong stated in a Trustwave Company Newsroom PR on 4/7/15 "We aspire to be a global player in cyber security. Trustwave's deep cyber security capabilities will create a powerful combination and allow Singtel to capture global opportunities in the cyber security space." Too bad SFOR now stands in the way of her global aspirations for Singtel. The Singtel BOD can eliminate that roadblock for $8 Billion. With $92 Billion in assets they can easily afford that price IMHO.













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