Regulatory scrutiny on BaaS partnerships is at an all-time high. Banks that proactively establish strong compliance processes can navigate oversight with significantly more ease, protect their reputation, and accelerate launching fintech partnerships.
With the global market value for BaaS projected to reach $74.8 billion by 2030, banks that automate compliance from Day 1 will be best positioned to scale faster, onboard higher quality fintechs, and maintain confidence from their regulators.
Banks often focus on only automating 1LOD controls like KYC and transaction monitoring, while leaving other critical processes—like partner onboarding and testing the efficacy of those 1LOD controls—manual.
It’s like having a GPS system guide your route, but stopping to check a paper map every few miles—partial automation creates unnecessary slowdowns and inefficiencies. This fragmented approach leads to regulatory gaps and increased risk exposure. A fully integrated compliance automation strategy ensures that every part of the compliance process is streamlined and aligned.
By automating compliance and risk management upfront, banks can:
In today’s competitive landscape, banks that streamline compliance not only improve efficiency, but also gain a strategic edge in attracting top tier fintech partners.
Fintechs should prioritize compliant growth but banks need to ensure their onboarding and their day-to-day compliance processes are as efficient and scalable as possible to support growth while prioritizing the highest level of compliance oversight.
When it comes to managing partners more efficiently, Cable can support banks automating in three key areas:
Manual compliance processes—such as chasing down vendor due diligence (VDD) documents and email-based approvals—cause unnecessary delays. With Cable, banks gain instant access to:
This means sponsor banks can move fintechs from application to approval in record time—without sacrificing compliance integrity.
Traditional risk assessments require tedious data entry and manual reviews, making it prone to human error and easy to miss critical compliance gaps. Cable automates this process with:
By eliminating manual spreadsheets and batch manual reviews, banks get immediate visibility into partner risks—ensuring they meet compliance standards from Day 1.
Ensuring fintechs operate within regulatory guidelines doesn’t stop at onboarding – ongoing, daily compliance testing is crucial for long-term success.
Cable’s automated control testing platform allows banks to:
Instead of waiting for periodic manual reviews, banks can address compliance gaps as they emerge—ensuring fintech partners ramp up faster and with greater regulatory confidence.
If banks use Cable’s Automated Testing in conjunction with Automated Risk Assessment, those risk assessments are continuously updated in real-time. That way, banks can rest assured that they can identify and address any new risks as soon as they come up.
In addition to saving a significant amount of time and resources, Cable’s automated compliance solutions also helps banks:
Knowing your compliance controls are continuously tested and effective, your bank can confidently expand into new product lines and customer segments, and partner with new fintechs – without regulatory roadblocks. The faster fintechs can ramp up, the faster banks will realize ROI.
Fintechs want banking partners that offer fast, transparent, and seamless onboarding. Sponsor banks that provide this experience gain a reputation as the top choice for innovative fintechs looking to scale.
Regulatory scrutiny can drastically delay – and, in some cases, prevent – new fintech partners and product launches. Marqeta reported that, due to regulatory scrutiny, it took them twice as long to launch a new card program than it did the year prior.
By automating compliance testing from Day 1, banks and fintechs can reduce their risk of regulatory scrutiny and ensure smooth partnership scaling.
See how Cable can help your bank automate compliance and onboard fintech partners faster—without increasing risk.
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Cable Conversations with Compliance Champions: Insights from Mercury’s BSA/AML Officer, Sumeet Abichandani
OMB Bank Partners with Cable to Strengthen Compliance and Risk Management for Customers and Fintech Programs
2025 Compliance Trends: What Banks and Fintechs Need to Know NowRegulatory scrutiny on BaaS partnerships is at an all-time high. Banks that proactively establish strong compliance processes can navigate oversight with significantly more ease, protect their reputation, and accelerate launching fintech partnerships.
With the global market value for BaaS projected to reach $74.8 billion by 2030, banks that automate compliance from Day 1 will be best positioned to scale faster, onboard higher quality fintechs, and maintain confidence from their regulators.
Banks often focus on only automating 1LOD controls like KYC and transaction monitoring, while leaving other critical processes—like partner onboarding and testing the efficacy of those 1LOD controls—manual.
It’s like having a GPS system guide your route, but stopping to check a paper map every few miles—partial automation creates unnecessary slowdowns and inefficiencies. This fragmented approach leads to regulatory gaps and increased risk exposure. A fully integrated compliance automation strategy ensures that every part of the compliance process is streamlined and aligned.
By automating compliance and risk management upfront, banks can:
In today’s competitive landscape, banks that streamline compliance not only improve efficiency, but also gain a strategic edge in attracting top tier fintech partners.
Fintechs should prioritize compliant growth but banks need to ensure their onboarding and their day-to-day compliance processes are as efficient and scalable as possible to support growth while prioritizing the highest level of compliance oversight.
When it comes to managing partners more efficiently, Cable can support banks automating in three key areas:
Manual compliance processes—such as chasing down vendor due diligence (VDD) documents and email-based approvals—cause unnecessary delays. With Cable, banks gain instant access to:
This means sponsor banks can move fintechs from application to approval in record time—without sacrificing compliance integrity.
Traditional risk assessments require tedious data entry and manual reviews, making it prone to human error and easy to miss critical compliance gaps. Cable automates this process with:
By eliminating manual spreadsheets and batch manual reviews, banks get immediate visibility into partner risks—ensuring they meet compliance standards from Day 1.
Ensuring fintechs operate within regulatory guidelines doesn’t stop at onboarding – ongoing, daily compliance testing is crucial for long-term success.
Cable’s automated control testing platform allows banks to:
Instead of waiting for periodic manual reviews, banks can address compliance gaps as they emerge—ensuring fintech partners ramp up faster and with greater regulatory confidence.
If banks use Cable’s Automated Testing in conjunction with Automated Risk Assessment, those risk assessments are continuously updated in real-time. That way, banks can rest assured that they can identify and address any new risks as soon as they come up.
In addition to saving a significant amount of time and resources, Cable’s automated compliance solutions also helps banks:
Knowing your compliance controls are continuously tested and effective, your bank can confidently expand into new product lines and customer segments, and partner with new fintechs – without regulatory roadblocks. The faster fintechs can ramp up, the faster banks will realize ROI.
Fintechs want banking partners that offer fast, transparent, and seamless onboarding. Sponsor banks that provide this experience gain a reputation as the top choice for innovative fintechs looking to scale.
Regulatory scrutiny can drastically delay – and, in some cases, prevent – new fintech partners and product launches. Marqeta reported that, due to regulatory scrutiny, it took them twice as long to launch a new card program than it did the year prior.
By automating compliance testing from Day 1, banks and fintechs can reduce their risk of regulatory scrutiny and ensure smooth partnership scaling.
See how Cable can help your bank automate compliance and onboard fintech partners faster—without increasing risk.
