Cable

The all-in-one financial crime effectiveness testing platform. Follow for the latest fincrime news and updates. We've raised an $11M Series A and are hiring!

[Cable @cabledottech]

🚀 Introducing #TransactionAssurance a first-of-its-kind, automated transaction testing tool for financial crime compliance. Organizations can now test the effectiveness of first-line controls in real-time with 100% coverage.

Read our full release here: https://t.co/LXQr0iBCIQ

[Cable @cabledottech]

Cable is hosting Adapting to a New Era: Architecting a Modern FinCrime Tech Stack. Make sure to attend it on January 25. https://t.co/fOOPLjtq9o

[Cable @cabledottech]

Separate from transaction monitoring, Cable's #TransactionAssurance automates the effectiveness testing of those systems; ensuring every transaction is not only monitored but also rigorously tested for breaches or control failures.

Learn more 👉 https://t.co/dyEHG8cIGk

[Cable @cabledottech]

@USOCC Semiannual Risk Perspective for Fall '23 highlights critical areas that #banks need to focus on, especially when partnering with #fintech - stressing the importance of managing risks. Check out our "Bank-Fintech Diligence Guide" for more insights.👉
https://t.co/coj8pK29ce

[Cable @cabledottech]

Last week's panel with ex-regulators and compliance pioneers was a deep dive into the escalating regulatory challenges in #embeddedbanking. 🏦

Check out the on-demand recording for more insights.

https://t.co/kN0WaDRB0X

#fincrime #fintech #fintechevents #aml #bsa #compliance

[Cable @cabledottech]

We all know regulators and auditors want it, but what exactly is Effectiveness Testing? Our latest article demystifies this concept and its impact on bank-fintech compliance dynamics. Plus, don't miss our webinar on November 16th for a deeper dive! https://t.co/Bl8RW9ibmT

[Cable @cabledottech]

Just one week until we bring some of the brightest minds in #embeddedbanking together to explore the state of compliance, recent MRA activity & more.

Register Now!—https://t.co/fYaYfgt703

#fincrime #baas #fintech #fintechevents #aml #bsa #effectivenesstesting

[Treasury Prime @treasuryprime]

@natashavernier of @cabledottech shares her approach to #AI: “We are taking in lots of sensitive data. We don’t want to rush into AI and risk doing something with that data that will come back to bite us. That is the biggest risk I see, especially in banking.”

[Cable @cabledottech]

Less than two weeks until we bring some of the brightest minds in #embeddedbanking together to explore the state of #compliance, recent #MRA activity, and more...Register Now!—https://t.co/fYaYfgszav

#fincrime #baas #fintech #fintechevents #aml #bsa #webinar

[Cable @cabledottech]

With a rise in regulatory actions against #embeddedbanking, how do financial institutions navigate the landscape to ensure #compliance?

https://t.co/XEY2Ugdg2W

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#money2020 #money2020usa #fincrime #baas #fintech #fintechevents #aml #bsa

[Turner Novak 🍌🧢 @TurnerNovak]

🎧 New @ThePeelPod episode:

The $4 Trillion Business of Financial Crime

@NatashaVernier is the Co-founder and CEO of @Cabledottech, the all-in-one effectiveness testing platform for financial services. Prior to Cable, Natasha joined UK neobank Monzo when it had less than 100 customers.

She built and led Monzo's financial crime team for five years, and is arguably one of the most knowledgeable individuals in the world on financial crime - which amounts to over $4 trillion per year, or 4% of global GDP.

Natasha started Cable in 2020 with her co-founder Katie Savitz, and has since raised over $16 million supported by investors like LocalGlobe, CRV, Stage 2, and Jump Capital.

Topics discussed:
- How crime is a $4 trillion market
- Why we only catch 0.2% of financial crime
- The reason banks are incentivized to stop fraud, but not crime
- Why it's so hard to stop financial crimes
- The $20 billion in crime committed on crypto rails in 2022
- The fastest growing types of fraud
- Joining Monzo as one of the first employees and staying through a $4 billion valuation
- What it’s like to be fully invested in a startup when you’re not a founder
- Building Cable to enable regulatory and financial crime teams
- Signing the first customer and raising a Pre-Seed round without a product
- Why compliance officers want to buy complicated products
- How Natasha diversified her cap table, raising a Seed round from CRV and a group of angels with broad skill sets, ethnicity, race, and sexuality
- How she got two funds to pre-empt her Series A
- Why founding a startup means getting punched in the face every day, and her biggest mistake was not enjoying the little things early on
- The two founders she most looks up to
- The one interview question she asks every candidate at Cable

Stream here on X or grab a link to stream in the replies.

[Alex Johnson @AlexH_Johnson]

New @FintechTakes Deep Dive, sponsored by @cabledottech, just dropped.

BaaS is the best opportunity that community banks have ever had to thrive outside of M&A.

But building a sustainable BaaS business isn't easy or obvious.

Here's how you do it 👇
https://t.co/Pdssfbx3Cy

[Cable @cabledottech]

We're thrilled to announce that Candace Sjogren is our new Chief Revenue Officer for @cabledottech!

Click here to learn more 👇

https://t.co/yBKTgEGuYk

[Cable @cabledottech]

🔥 Thursday Hot Take: Your compliance team isn’t reaching its full potential.

If you're tired of endless testing & fighting fires, you know the problems.

The good news: you can make things better!

👇 Click here to learn how!

https://t.co/Ig6hBbvaaX

[Cable @cabledottech]

Schedule a demo here: https://t.co/MTmgDmdiwd

Explore how Cable helps BaaS banks and fintechs here: https://t.co/td20Hla7Rd

[Cable @cabledottech]

Cable has joined the The BaaS Association, which represents over 80% of US BaaS sponsor banks. 🤝

If you're a BaaS leader looking for purpose-built, automated BaaS compliance solutions, get in touch with us!

https://t.co/UVBA3HPzls

[Cable @cabledottech]

🎉 Introducing Cable's Partner Hub! 🎉

Complete financial crime compliance infrastructure and technology purpose-built for BaaS and bank-fintech partnerships.

https://t.co/kum59AMKKT

[Grasshopper Bank @grasshopperbank]

Today, we're pleased to announce our latest partnership with @cabledottech, the all-in-one financial crime effectiveness testing platform. https://t.co/jqO9hGir3V… #DigitalBank #BusinessBanking #Fintech #Automation #Compliance

[Cable @cabledottech]

🎉 New Partner Announcement! 🎉

@grasshopperbank will deploy Cable's automated testing across its industry-leading BaaS platform and clients, joining other BaaS banks like Axiom Bank & Quaint Oak Bank using Cable.

Read more here 👇

https://t.co/uidC8fYqyS

[Cable @cabledottech]

More spending and staffing is not enough to satisfy regulators. ⛔

Regulators are demanding that you show whether or not your controls are actually working.

Are you ready to demonstrate your control effectiveness? Check out how Cable can help!

https://t.co/zBvyU4JWnG

[Cable @cabledottech]

🚨 Deutsche Bank's latest $186M fine brings its total fines to >$1B for AML and sanctions failures, and puts the spotlight on control effectiveness.

Read our key lessons here and how Cable can help! 👇

https://t.co/otZtd8CkPe