Cable, the leader in Automated Compliance Testing for banks, fintechs, and cryptocompanies, announced a strategic partnership with Academy Bank, a nearly 60-year-old bank with $3 billion in assets, based in Kansas City, Missouri. This partnership will enable Academy Bank to effectively and compliantly grow its fintech partnerships as well as its core client base.

Academy Bank will use Cable to enhance Bank Secrecy Act oversight of its fintech partners by enabling complete automation of control testing across the BSA regulatory framework. As Academy Bank grows, it intends to leverage technology to ensure proactive risk management and compliance, with Cable serving as a core part of that strategy.

"Throughout the development of this partnership I have had the opportunity to see firsthand how strategic, meticulous and forward thinking the folks at Academy Bank are. I am proud of the message that their selection of Cable sends to the market, and I am excited that we get to be a part of their growth story," said Natasha Vernier, CEO at Cable.

Cable's Platform enables banks, fintechs and crypto companies to continuously test the effectiveness of their regulatory controls across the entire population of accounts, transactions, disputes and loan applications. Cable automates compliance testing for regulations including the BSA, Reg B, Reg E, and Reg Z, and logs a complete audit trail in real time.

"At Academy Bank, we are committed to leveraging innovative technology to strengthen our compliance program and support strategic growth," said Kate Meriwether, Director of BSA at Academy Bank. "Partnering with Cable allows us to automate and enhance our oversight of fintech partnerships, ensuring we maintain the highest standards of regulatory compliance while expanding our services and reach. We value the trust and expertise Cable brings to the table; we view this partnership as more than just a technology upgrade but a shared commitment to a future- focused, proactive approach to risk management."