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Credit Union Helps US Marijuana Businesses Put Down Roots

PYMNTS

Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana. GFA, however, will offer basic financial tools to these businesses, including access to online banking, checking accounts, debit cards, cash management and payroll services.

Colorado 126
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The Dawn Of A Cashless Global Economy?

PYMNTS

There are issues of transaction security, criminal elements, tax evasion, free flow of capital, access to goods and services and the ability to fully participate in the global economy. adults still prefer to use cash for purchases under $5, while 22 percent use debit cards and 11 percent use credit cards.

Taxes 100
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Fizzle Of The Week: The Cannabis Payments Conundrum

PYMNTS

states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. billion in taxes from legal cannabis companies last year, an amount of money that is undoubtedly a sizzle for the federal coffers.

Taxes 177
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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

million for its compliance tools. HQ: Denver, Colorado. Compliance tools for digital interactions. HQ: Aurora, Colorado. Tags: SMB, merchants, payments, acquiring, credit/debit cards. It was another busy week for Finovate alums with six raising new funds: StreetShares raised $4.5 SmartAsset raised $3.8

Company 12
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GonzoBanker Awards 2017

Gonzobanker

Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. Executioner’s Tax (Swing of the Ax) – Power Trip. At a banking conference. Female – Keith Urban.

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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Provided instant card-issuance technology to Bank of the Ozarks. Announced EMV-instant issuance milestone of more than 10 million cards in the U.S. Named one of the top 100 tech companies in Colorado by Built in Colorado. Added to its Compliance Document Management Solution, CertCapture. Paul Business Journal.

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Fintech Fundings: 30 Companies Raised $330 Million First Week of August

Fintech Labs Insights

HQ: Denver, Colorado. Self-employment tax payments. Tags: SMB, payments, merchants, credit/debit cards, acquiring, POS. Source: Crunchbase. Big data analytics for financial institutions. Latest round: $4 million. Total raised: $5 million. HQ: London, England, UK. Source: FT Partners. VaultInvesting. Latest round: $1.55