Vantage Bank Partners with Cable to Anticipate and Meet Evolving Compliance and Risk Management Regulations in Embedded Banking
Summary
By leveraging Cables cutting-edge platform, Vantage Bank aims to ensure full regulatory compliance and scalable growth in its fintech program. This collaboration aims to ensure robust compliance and risk management as Vantage Bank continues to grow its fintech program and partnerships. "This opportunity requires that we have a robust risk management program and strong controls to ensure regulatory compliance. Cables Financial Crime Assurance product continuously monitors accounts and transactions for any regulatory breaches or control failures, and dynamically updates the Financial Crime Risk Assessment based on the actual effectiveness of controls, moving beyond traditional annual reviews and static spreadsheets. Cables all-in-one effectiveness testing platform offers banks, fintechs, and crypto firms a purpose-built suite of tools to ensure compliance with financial crime requirements, including tech-enabled risk assessments, automated assurance, quality assurance, management information, reporting, and more.