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operational risk

Binance US$6.3bn hack: US$4.72bn customer outflow and new reserve...

Binance customers have withdrawn a net US$4.72bn from the cryptocurrency exchange since withdrawals began reopening following a US$6.3bn theft, as the company published new cryptographic evidence of its asset reserves on Monday. The net outflow, confirmed by Binance to Reuters,...

#Binance#cryptocurrency theft#customer withdrawals

Finastra launches StandbyX cloud SBLC processing platform for US...

Finastra has launched a cloud-enabled standby letter of credit processing solution aimed at helping US regional and mid-sized banks automate…

#bank guarantees#Finastra#Money20/20


FactorFox AI onboards 107 factoring customers into new platform...

FactorFox Software has onboarded 107 existing customers into the testing environment of its new artificial intelligence-based factoring platform, with the…

#artificial intelligence#digital factoring#FactorFox AI


Housing Bank pioneers Jordan’s first SCF programme

Housing Bank has introduced a landmark initiative in the Jordanian financial sector by launching the country’s first supply chain finance…

#invoice managemnet#operational risk#reverse factoring


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