We recently hosted a webinar with Infinant and Vantage Bank on strategic opportunities for community banks with stablecoins and tokenized deposits. As bank M&A increases, community banks must innovate or risk being swallowed up or left behind. During the webinar we got deep into how banks can use tokenized deposits, the advantages they bring, and how to ensure they enter this space compliantly. You can find the full webinar video below, along with our key takeaways.
If you want to talk more about deposit tokens or how to automate testing so you can innovate safely, reach out to speak to our team.
At the recent Payments Innovation Forum, Governor Waller made it clear that stablecoins and deposit tokens are welcomed as part of the future of payments. This regulatory endorsement is no surprise to Jay Leal, CIO of Vantage Bank, who walked us through how they are running real pilots with their regulators knowledge and buy-in, building a consortium model to help other community banks participate, and proving out the economics.
The economics of tokenized deposits for community banks are simple: move just 10% of your wire payments onto tokenization and you break even on the technology investment. Everything after that adds directly to your margin.The infrastructure sits alongside your existing core, so you can deliver cost-effective payments to your customers without overhauling your systems.
In a world of smaller transactions happening constantly, there are four things banks need to think about:
Want to dive deeper into the discussion? Watch the full webinar for more insights, practical tips, and expert advice.
As the first automated control testing platform, Cable is positioned to help banks and fintechs navigate the evolving landscape. With 100% automated control testing, eliminating manual processes, financial institutions can foster trust with their regulators. With Cable, you can confidently meet regulatory demands while focusing on innovation and growth.
To learn more about how Cable can support your compliance needs, book a meeting.
Academy Bank Selects Cable to Power Automated Compliance Testing for Strategic GrowthWe recently hosted a webinar with Infinant and Vantage Bank on strategic opportunities for community banks with stablecoins and tokenized deposits. As bank M&A increases, community banks must innovate or risk being swallowed up or left behind. During the webinar we got deep into how banks can use tokenized deposits, the advantages they bring, and how to ensure they enter this space compliantly. You can find the full webinar video below, along with our key takeaways.
If you want to talk more about deposit tokens or how to automate testing so you can innovate safely, reach out to speak to our team.
At the recent Payments Innovation Forum, Governor Waller made it clear that stablecoins and deposit tokens are welcomed as part of the future of payments. This regulatory endorsement is no surprise to Jay Leal, CIO of Vantage Bank, who walked us through how they are running real pilots with their regulators knowledge and buy-in, building a consortium model to help other community banks participate, and proving out the economics.
The economics of tokenized deposits for community banks are simple: move just 10% of your wire payments onto tokenization and you break even on the technology investment. Everything after that adds directly to your margin.The infrastructure sits alongside your existing core, so you can deliver cost-effective payments to your customers without overhauling your systems.
In a world of smaller transactions happening constantly, there are four things banks need to think about:
Want to dive deeper into the discussion? Watch the full webinar for more insights, practical tips, and expert advice.
As the first automated control testing platform, Cable is positioned to help banks and fintechs navigate the evolving landscape. With 100% automated control testing, eliminating manual processes, financial institutions can foster trust with their regulators. With Cable, you can confidently meet regulatory demands while focusing on innovation and growth.
To learn more about how Cable can support your compliance needs, book a meeting.
