How Brisk Pay protects and safeguards client funds.
Protecting your funds
Brisk safeguards client funds in line with applicable regulatory requirements. Client funds are held separately from Brisk’s own operating funds.
How safeguarding works
Funds received for payment services are placed in safeguarding arrangements with regulated institutions, so that in the unlikely event of insolvency, client funds are protected and distinct from the company’s assets.
Not a bank
Brisk is a payments and treasury provider, not a bank. Client funds are safeguarded rather than covered by a deposit-guarantee scheme. Safeguarding is designed to protect your funds in the way appropriate to a regulated payments business.
Ongoing controls
We reconcile safeguarded funds regularly and apply strict internal controls and independent oversight.