VentureIsrael News

TenureX partners with SightSpan to transform US correspondent banking industry

Portfolio Companies
TenureX, the Israeli start-up that is fixing the broken correspondent banking industry, today announces a new partnership with risk management consultancy SightSpan to increase efficiency, enhance compliance, and create new revenue opportunities within correspondent banking services.

The new partnership marks a major milestone for TenureX, adding a new layer of market-leading compliance and advisory capabilities to its revolutionary platform-based approach to the FI-to-FI relationship. Meanwhile, SightSpan can now provide the TenureX platform on a standalone basis on top of its core offering.

Starting in the US market, TenureX and SightSpan are now ready to fix the structural problems within the correspondent banking industry, enabling financial institutions to expand into new markets, roll out international settlements, and deploy new payment flows – quickly, cost-effectively and compliantly.