Breaking News
BankProv Partners with Cable for Automated Financial Crime Effectiveness Testing
Cable, provider of the leading financial crime effectiveness testing platform, today announced that BankProv, a future-ready commercial bank that offers technology-driven banking solutions to its clients, has selected Cable to further enhance its financial crime compliance program with cutting-edge automated financial crime assurance and testing capabilities.
As a premier Banking-as-a-Service (BaaS) provider specializing in technology-driven banking solutions to niche markets, BankProv is a trusted advisor and partner to a wide range of niche, technology-driven industries including renewable energy, fintech and enterprise value lending. This integration with Cable further strengthens BankProv’s commitment to regulatory compliance and dedication to leveraging the power of technology in the fight to reduce financial crime.
“Compliance is a high priority at BankProv, and given the increasingly complex financial crime landscape coupled with new regulations, we’ve taken proactive measures to test financial crime control effectiveness,” said Janine Jakubauskas, Chief Risk Officer at BankProv. “We believe Cable’s methodical and innovative approach to effectiveness testing complements our focus on delivering technology-driven banking solutions that create financially strong businesses and communities.”
Cable’s all-in-one financial crime effectiveness testing platform gives banks and fintechs digital asset related firms more confidence in their financial crime regulatory compliance with a purpose-built suite of tools, including automated risk assessments, automated assurance, quality assurance, management information, reporting, and more.
“Financial crime driven by sophisticated criminals has become more prevalent than ever before. This environment has put regulatory compliance and effective controls front and center in regulators’ minds,” said Natasha Vernier, CEO at Cable. “We’re proud to partner with BankProv to support their efforts and ultimately extend our mission to reduce financial crime through an innovative, data-driven approach.”
This partnership comes on the heels of a handful of additional customer wins for Cable including BHG Financial, the leader in unsecured business and personal loans.
- CBI Drives Verification of Payee Compliance in Italy Read more
- Lastro Secures $15M Series A Led by Prosus Ventures to Scale its AI Agent, Empowering Over 2M Homebuyers Read more
- Evertec Announces Closing of Controlling Stake in Tecnobank, Expanding Product Offering in Brazil Read more
- EXCLUSIVE: “Scaling Safely – Without Debanking” – Imam Saygili, Flagright in ‘The Fintech Magazine’ Read more
- APIs Driving Embedded Finance Innovation Read more
Evertec Announces Closing of Controlling Stake in Tecnobank, Expanding Product Offering in Brazil
EVERTEC, Inc. (NYSE: EVTC) (“Evertec”, the “Company”, “we” or “our”) today announced that the Company has closed the previously announced transaction to acquire a controlling stake in Tecnobank Tecnologia Bancária S.A.
$1,700 Lost per Australian to Fraud in 2025 Amid AI Advances and Peak Season Risks, According to Adyen
Adyen, the global financial technology platform, revealed that fraud losses in Australia are on the rise, set to intensify as the peak shopping season approaches.
European Central Bank Concludes a Framework Agreement with Feedzai to Detect and Prevent Fraud for Forthcoming Digital Euro
The European Central Bank (ECB) has concluded a framework agreement in ranking with Feedzai, the world’s leading RiskOps platform for financial crime prevention, as the first-ranked tenderer, to provide the central fraud detection and prevention mechanism for the digital euro (link to contract award notice and announcement on ECB’s website).
Diebold Nixdorf’s Brian Gallipeau Recognized as Future of Field Service Stand Out 50 Leader for 2025
Diebold Nixdorf (NYSE: DBD), a global leader in transforming the way people bank and shop, today announced that Brian Gallipeau, senior vice president, Service Americas, has been named to the Future of Field Service Stand Out 50 Leaders list for 2025. The award recognizes leaders from around the globe who drive innovation, operational excellence and meaningful impact in field service organizations.
Public Launches Fully Customizable Direct Indexing
Public, the platform for long-term investing, announces that members can now build their own direct index from a wide range of foundational indices. Direct indexing is a strategy where, instead of investing in a derivative of the index, such as an ETF, investors own each stock in the index directly, enabling automated tax strategies and personalization of the index. Members can access over 100 different indices from Solactive and S&P® to directly own and customize their holdings to their liking, as well as optimize for tax savings through tax-loss harvesting.
Fuse Breaks Dollar Clearing Bottleneck with USD Virtual Accounts for Emerging Markets
Fuse has launched its USD virtual accounts, giving organisations fast and reliable access to emerging markets. Since launch, transaction volumes have grown by more than 100 percent month over month, already more than doubling its AED business.
Hanscom Federal Credit Union and Alkami Forge Strategic Partnership to Power a Differentiated Mobile Banking Experience
Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a digital sales and service platform provider for financial institutions in the U.S., today announced a strategic partnership with Hanscom Federal Credit Union (HFCU) to support the launch of HFCU's proprietary mobile banking experience. Designed to deliver a convenient, gamified approach to banking, the mobile application (app) will empower members with personalized tools for financial wellness. As part of the collaboration, HFCU will also adopt Alkami's Online Banking Platform to help ensure a seamless and secure experience across digital channels.
CBI Drives Verification of Payee Compliance in Italy
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Lastro Secures $15M Series A Led by Prosus Ventures to Scale its AI Agent, Empowering Over 2M Homebuyers
Lastro, a Brazilian artificial intelligence proptech, announced a Series A round of $15 million led by Prosus Ventures, a global tech operator and investor and major shareholder in iFood and OLX. FJ Labs and Endeavor Scale-Up Ventures also participated in the round, along with existing investors Canary, QED and 1Sharpe Ventures.
Evertec Announces Closing of Controlling Stake in Tecnobank, Expanding Product Offering in Brazil
EVERTEC, Inc. (NYSE: EVTC) (“Evertec”, the “Company”, “we” or “our”) today announced that the Company has closed the previously announced transaction to acquire a controlling stake in Tecnobank Tecnologia Bancária S.A.
EXCLUSIVE: “Scaling Safely – Without Debanking” – Imam Saygili, Flagright in ‘The Fintech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
APIs Driving Embedded Finance Innovation
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
FinScan’s AML Software Solutions Integrate with LSEG World-Check On Demand
FinScan®, an Innovative Systems solution and leading provider of advanced anti-money laundering (AML) compliance solutions, today announced integration with and support for LSEG World-Check On Demand. FinScan is one of the first LSEG partners to announce support of the solution.
Sixfold Launches Referral Agent: Turning AI Insights Into Instant Underwriting Action
Sixfold, the underwriting AI company, today announces that it has expanded its P&C platform with Referral Agent – a major step toward AI that doesn’t just deliver insights but acts on them. Referral Agent flags cases for referral and builds a ready-to-send package in one click, setting the stage for more action-oriented capabilities across underwriting.