The human arsenal has always been expansive beyond all known limits, and yet it is still hasn’t seen anything more significant than that tendency of growing on a consistent basis. We can claim what we did because the stated tendency has got us to hit upon some huge milestones, with technology emerging as a major member of the group. The reason why technology enjoys such an esteemed stature among people is, by and large, predicated upon its skill-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look up close for a second, it will become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence, and consequentially, kickstarted a tech revolution. Of course, this revolution then went on to scale up the human experience through some outright unique avenues, but even after achieving such a monumental feat, technology will somehow continue to produce the goods. The same has grown to become a lot more evident in recent times, and assuming a new partnership shakes out just like we envision, it will only make that trend bigger and better moving forward.

Treasury Prime, a leading embedded banking software platform, has officially partnered with Cable to scale up compliance assurance and testing capabilities for its customers. Under the development, Treasury Prime’s clientele, which includes several upscale banks and fintech companies, will be able to leverage the Cable’s automated assurance and oversight systems to achieve optimal compliance with those benchmarks established for monitoring financial crime across the board. But what really made Cable an ideal partner here? Well, you see, the answer will touch upon the company’s excellence in providing a real-time lowdown on how effectively your financial crime controls are functioning at any given moment. On a more actionable note, though, this value takes up the disguise of many different services, such as automated assurance, quality assurance, management information, reporting, and more. Notably enough, while Cable’s proprietary solution can prove useful for a customer when trying to convince regulators, bank partners, and other stakeholders about its compliance program, it can also deliver an extra bit of utility by bolstering their onboarding protocol and facilitating wider growth.

“Compliance is a top priority for the best BaaS banks and fintechs today. As regulatory pressure increases on the BaaS industry, it is crucial that banks and fintechs invest in the necessary technology and capabilities to ensure their compliance controls and systems work effectively as they scale,” said Natasha Vernier, CEO of Cable. “We are thrilled to collaborate with a company like Treasury Prime that is at the forefront of the evolving embedded banking landscape and understands the critical importance of compliance in this space.”

Moving on to Treasury Prime, founded in 2017, the company’s rise to prominence stems from its impressive track record in delivering services like money transfer, risk mitigation, and access to a chartered bank’s infrastructure etc. Treasury Prime’s excellence in what it does can be proven by the fact that it has already secured the title of Best Banking-as-a-Service Platform at Tearsheet Embedded Awards 2021 and 2022. Beyond the stated honor, the company was also named in CB Insights’ annual 2021 Fintech 250 list.

“In a year marked by increased regulatory scrutiny as well as compliance burdens on banks and fintechs, innovative compliance technology is more important than ever. Through Cable’s automated tools, we can cater to the compliance needs of enterprise clients of any size with increased confidence and efficiency,” said Chris Dean, co-founder and CEO of Treasury Prime.