BHG Financial partners with Cable for automated financial crime effectiveness testing
We’re pleased to announce that BHG Financial has selected Cable to deploy advanced automated financial crime assurance and testing capabilities in its compliance program.
BHG Financial is the leader in unsecured business and personal loans and the creator of one of the country's largest community bank loan and product networks. Since 2001, BHG has originated more than $16 billion in loan solutions to top-quality borrowers, which community and midsize banks can access via a state-of-the-art loan delivery platform.
BHG Financial will integrate Cable’s financial crime effectiveness testing platform to enhance its robust financial crime compliance program with cutting-edge automated assurance and testing capabilities. This step further strengthens BHG Financial’s commitment to regulatory compliance and commitment to leveraging the power of data, analytics, and innovative technology across its business.
Bryan Holloway, Director, Financial Crime & BSA Officer at BHG Financial, said, “We’re excited to work with Cable and augment our compliance program with advanced tooling to automate manual assurance and oversight functions. With greater efficiency, visibility, and insights across our business, we will be able to grow responsibly faster and better deliver on our mission to offer the most innovative financial solutions for business professionals, consumers, and financial institutions.”
Cable’s all-in-one financial crime effectiveness testing platform gives banks, fintechs, and crypto firms more confidence in their financial crime regulatory compliance with a purpose-built suite of tools, including automated risk assessments, automated assurance, quality assurance, management information, reporting, and more.
“We’re delighted to partner with BHG Financial to bolster their automated financial crime assurance and testing capabilities,” said Natasha Vernier, Cable CEO. “With increasing regulatory scrutiny on banking and fintech compliance, it’s a privilege to partner with innovative companies like BHG Financial taking compliance very seriously and embracing the best tooling available to protect their business.”
