Innovative Payments Association
AUGUST 29, 2024
To navigate the complex world of cannabis banking compliance, businesses must develop a strong compliance program. State Regulations It's important to understand the difference between federal and state regulations when it comes to cannabis.
Electronic Transactions Association
JANUARY 16, 2025
Given the rapid change in the payments landscape, it is imperative that the US regulatory framework is structured in a way that encourages these innovative partnership so long as they are structured in a way that promotes safety and soundness and are consistent with the concept of same risk-same regulation.
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Innovative Payments Association
SEPTEMBER 25, 2024
The regulators seem to be working on applying pressure to the payments industry as they release a flood of new regulations to govern just about every part of the fintech universe. Companies need compliance programs in place long before the regulators come knocking. But it is not just criminals who are applying pressure.
PYMNTS
NOVEMBER 1, 2018
These markets have similar challenges to the legal marijuana sector: products that are regulated, expire and have unique needs in terms of compliance and shipping. According to McCarty, the best way for cannabis players to establish the right supply chain and logistics strategies may be to learn from other industries’ mistakes.
PYMNTS
OCTOBER 17, 2018
So, when we started talking to our board of directors about entering the cannabis banking space, we really looked to our mission statement.”. “I think the credit union industry plays a very vital role in serving the underserved,” Sbrega said. Part of our mission is to improve the quality of life in our communities.
PYMNTS
MAY 14, 2018
The conundrum of cannabis banking in the U.S. But the cannabis market that struggles to access banking services is not limited to small dispensary storefronts (although they are undoubtedly affected by such legal hurdles). The legal marijuana industry in North America, which handled an estimated $9.7
PYMNTS
DECEMBER 12, 2018
Nowhere does that ring truer than in the nascent and growing legal cannabis industry, where billions of dollars flow the old-fashioned way — hand to hand, because of the clash between federal and state regulations over its legality. That’s according to data published at the end of last month, per data from the U.S.
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