Axiom Bank,N.A has picked Cable as a fintech partner. Cable offers N.A enhanced visibility across and into each of its fintech programmes, enabling it to respond promptly and appropriately to any issues or concerns and ultimately empowering it to move quicker and offer a superior end-to-end experience for its fintech partners.
Florida-based Axiom Bank, N.A. provides industry-leading BaaS and payment capabilities to partner programmes seeking to deploy a wide range of financial products in a seamless, end-to-end management platform. Axiom Bank will leverage automated assurance and oversight processes across its partner programmes by integrating with Cable’s complete financial crime compliance effectiveness testing platform, enhancing its ability to offer partners an elegant, nimble experience, while assuring its regulatory compliance.
“We are excited to work with Cable to continue advancing our innovative fintech sponsorship programme,” said Senior Vice President, BSA/AML Programme Head at Axiom Bank, Aleem Jackson,. “We take very seriously our responsibility to ensure our fintech partners maintain their compliance with regulatory requirements and expectations, including applicable financial crime obligations.”
Senior Vice President, Partnerships, Ventures, & Delivery at Axiom Bank Nigel Prince said, “Integrating with Cable’s platform is fully in line with our vision of being a compliance-led, innovation-focused institution. Cable offers us enhanced visibility across and into each of our fintech programs, enabling us to respond promptly and appropriately to any issues or concerns and ultimately empowering us to move quicker and offer a superior end-to-end experience for our fintech partners.”
Cable’s all-in-one platform offers partner banks more confidence in their compliance with financial crime requirements through a purpose-built suite of tools, including tech-enabled risk assessments, automated assurance, quality assurance, management information, reporting, and more. Cable’s partnership with Axiom Bank comes on the heels of a recent announcement of Cable’s integration with another US partner bank.
“We’re thrilled to partner with Axiom Bank to help build its fintech sponsorship programme,” said Cable CEO, Natasha Vernier. “With the bank-fintech regulatory landscape shifting rapidly in recent months, it’s clear that leading partner banks like Axiom Bank set themselves apart with an emphasis on compliance as an integral part of their fintech sponsorship offering. It’s a privilege to work with a community-focused partner bank that also similarly embraces innovation and compliance at its core.”
