Funding Platforms

Final guidelines aimed at bolstering third-party risk management in banking organisations have been issued by a cohort of federal bank regulatory agencies. This initiative is designed to help such institutions better navigate the risks arising from relationships with third-party entities, with a particular emphasis on financial technology, or FinTech, enterprises.

As cryptocurrencies become increasingly popular, the risk of scams targeting investors has grown. In response, Commonwealth Bank (CBA) has launched new safety measures aimed at safeguarding its customers. The bank will now impose restrictions, delays, and limits on certain payments to cryptocurrency exchanges.

In a significant announcement today, GTreasury, a premier integrated treasury and risk management systems provider, revealed a strategic collaboration with C2FO, known as the world's leading on-demand working capital platform.

BingX, a prominent global cryptocurrency exchange, has revealed its new collaboration with CoinTracking, the renowned cryptocurrency portfolio management and tax reporting platform.

Amsterdam-based InsurTech firm, Insify, has successfully sealed its Series A funding round by amassing an additional $10.7m.