Electronic Transactions Association

JANUARY 16, 2025

Open Banking Open banking has transformative potential and, if regulations are implemented appropriately, could facilitate payments and benefit consumers by providing them with more robust information and insight into their finances.

CFPB 45

CFPB BNPL Privacy Financial Inclusion 45

Innovative Payments Association

AUGUST 29, 2024

Due to the federal illegality of cannabis, many banks are hesitant to work with cannabis businesses, making it difficult for these companies to operate smoothly. To navigate the complex world of cannabis banking compliance, businesses must develop a strong compliance program.

Cannabis Banking 52

Cannabis Banking Boot Camp Compliance Money Laundering 52

PYMNTS

MARCH 27, 2019

Doing that, they said, would go toward resolving the underlying tension between state and federal laws, and would eliminate the uncertainty when it comes to offering those banking services. is not the only place where legal cannabis faces a problem moving away from cash and into the full world of digital payments.

Cannabis Banking 66

Cannabis Banking Legal Laws Credit Union 66

PYMNTS

AUGUST 6, 2019

The state of Louisiana has entered legal marijuana territory with medical cannabis access beginning this week. As a result, the state has also entered the troubled waters of cannabis banking, with legal players in the state’s marijuana industry struggling to access banking and financial services. Global Payout Inc.

Cannabis Banking 54

Cannabis Banking Legal Money Laundering Payments 54

PYMNTS

APRIL 30, 2020

In previous years, Beuerlein said, financial institutions (FIs) weren’t interested in exploring how they could work with RegTechs like Hypur and other third-party players to step into the cannabis banking sector. “That appetite was not there in the beginning.”

Legal 78

Legal Credit Union Cannabis Banking Non-Bank 78

PYMNTS

OCTOBER 17, 2018

Legal use does not necessarily mean legitimate business, however, and this emerging and often-controversial industry may quickly encounter financial roadblocks, which credit unions (CUs) are uniquely suited to address. I think the credit union industry plays a very vital role in serving the underserved,” Sbrega said. Understanding the risks.

Credit Union 50

Credit Union Legal Non-Bank Underserved 50