PYMNTS
JULY 12, 2019
Trends in legal cannabis retail are just now emerging, and fresh numbers from Colorado are providing insight into how the industry is evolving. The report said Colorado “had 2,917 licensed marijuana businesses and 41,076 individuals licensed to work in the industry as of June.”. Federal law still considers the drug illegal.
PYMNTS
FEBRUARY 10, 2020
Colorado, Louisiana and 10 other states have digital driver’s licenses in various stages of development but are facing their share of obstacles, including the possibility of incompatibility across state lines. Biometrics are growing increasingly popular among credit card users. Developments From Around The World Of Digital ID.
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PYMNTS
JANUARY 28, 2019
Will the ban on the credit card surcharge automatically lead to significantly higher prices when consumers opt for the plastic (via card or digital wallets) at the pump, at the counter … or pretty much anywhere? In New York this month, credit card surcharges got the okay. Maybe, maybe not. As Webster recounted Monday (Jan.
PYMNTS
OCTOBER 17, 2018
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.
Independent Banker
OCTOBER 1, 2022
Our compliance program, based on elevated risk, is very robust. However, the ambiguous legal landscape complicates compliance; 47 states, the District of Columbia and four U.S. Our compliance program, based on elevated risk, is very robust,” she notes. “We Digital path to compliance. Chris Hartman, Cogent Bank.
PYMNTS
OCTOBER 7, 2019
The bill was sponsored by Congressmen Ed Perlmutter of Colorado, Denny Heck of Washington, Steve Stivers of Ohio and Warren Davidson of Ohio — all members of the House Committee on Financial Services. As long as it’s a Schedule 1 drug, you will never get one of the big card networks to play without a safe harbor,” he said.
PYMNTS
FEBRUARY 14, 2019
But banks, credit unions and card networks shy away from that industry, despite its revenue potential, due to concerns about federal regulatory punishment. In 2018, consumers in Colorado bought some $1.55 Two of the speakers at the hearing — Colorado Rep. billion worth of legal cannabis products.
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