PYMNTS

FEBRUARY 14, 2019

That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators when dealing with legal cannabis operations. In 2018, consumers in Colorado bought some $1.55 Two of the speakers at the hearing — Colorado Rep.

Oregon 230

Oregon Colorado Operations Washington 230

PYMNTS

SEPTEMBER 14, 2017

The dispensaries will ask patients to use a mobile payment app called CanPay, which is already available for marijuana sales in six states, including California and Colorado. Hawaii is also working on accepting prepaid, stored-value cards as an alternative for people who don’t hold checking accounts.

Hawaii 158

Hawaii Honolulu Colorado Guidelines 158

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.

Colorado 126

Colorado Massachusetts US Industry 126

PYMNTS

AUGUST 24, 2018

The recent news that Colorado National Bank had been bought for that sum begs a few questions. And it is a relatively small bank, with just two branches in Colorado. TransactPro itself is likely looking to diversify beyond its home base and processing activities, spanning payment card issuance, acquisition and online payments.

Colorado 101

Colorado Leadership Fintech Operations 101

PYMNTS

MARCH 27, 2019

Pot companies can’t take credit cards for processing, which means many of the businesses are cash-based. Ed Perlmutter, a Democrat from Colorado, and would prevent federal regulators from pulling a bank’s charter or deposit insurance because it works with a pot company in a state where it’s legal.

Company 129

Company Colorado Compliance Lending 129

PYMNTS

DECEMBER 18, 2018

These schools have greater autonomy than traditional public schools, but they also face more scrutiny from local regulators. Rafanelli said BuyQ was inspired by his own experience of working with charter schools in Colorado. million students in 43 states and the District of Columbia. Charter School Spending Lessons.

District of Columbia 122

District of Columbia Cards Colorado Management 122

PYMNTS

FEBRUARY 13, 2019

That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators if dealing with legal cannabis operations. In 2018, consumers in Colorado bought some $1.55 billion worth of legal cannabis products.

Oregon 115

Oregon Colorado Operations Washington 115

PYMNTS

JUNE 21, 2019

According to the report, State Treasurer Zach Conine “likened the system to gift cards or digital wallet apps, such as Venmo , and said the program would not include broader banking services like loans.”. The report also noted that, “since launching in Colorado in 2016, privately held LeafLink has quickly gained traction. Sales Growth.

Oregon 136

Oregon Payments Nevada NV 136

Independent Banker

OCTOBER 1, 2022

In the absence of explicit federal guidelines, banks and regulators follow the 2014 FinCEN guidance and the Cole Memo guidelines published under the Obama administration. If a debit card transaction travels the ACH rail, for example, it is legal. If it travels as a credit card transaction, it’s prohibited. Quick Stat.

Marketing 113

Marketing Compliance Community Community Bank 113

PYMNTS

NOVEMBER 16, 2018

“The reality is 99 percent of banks don’t want to mess with them, [because] there’s a lot of internal compliance if you’re going to serve the cannabis industry,” noted Jim Marty of Bridge West CPAs, a Colorado accounting firm that represents roughly 250 cannabis businesses and license holders nationwide. As much as $1.4

Taxes 177

Taxes Payments District of Columbia Alabama 177

Celent Banking

MAY 24, 2017

Once a year I take a break from industry conferences and vendor analyst days by going to the Boulder Summer Conference on Consumer Financial Decision Making , hosted by the Center for Research on Consumer Financial Decision Making at the Leeds Business School at the University of Colorado Boulder.

Conference 125

Conference Colorado Study Course 125

PYMNTS

MARCH 27, 2019

Fears of running afoul of federal restrictions against marijuana, including anti-money laundering laws — despite state legalization efforts, federal law treats marijuana as an illegal substance — have largely kept banks, credit unions, card networks and other payment services providers out of the legal marijuana business. Market Growth.

US 165

US North Carolina California Colorado 165

PYMNTS

MARCH 17, 2017

The business cards have all been exhausted, and the hearty salutations give way to weary nods of (yet again) recognition. They also face an uncertain future, as regulatory futures remain uncertain and at least one federal regulator seems determined to put them out of the marketplace. Pot Shots in Payments.

Innovation 103

Innovation Lending Boston Security 103

CB Insights

APRIL 29, 2019

I knew I’d have to hand out my card and I thought information security engineer sounded so boring,” Tabriz later said, “Guys in the industry all take it so seriously, so security princess felt suitably whimsical.”. The Hamilton Journal-News reported in 2015 that the Colorado-based StarTek Inc. Remote Funnel Marketing Ninja.

Innovation 78

Innovation Software Taxes Google 78

Gonzobanker

DECEMBER 19, 2017

Heavy-handed regulators. 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. One word can summarize this action-packed banking year, GonzoBankers – tiring.

Conference 91

Conference Industry Community Bank Community 91

Gonzobanker

DECEMBER 19, 2016

Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. Acquisition of the Year – Guaranty Bank and Trust Company in Colorado for its acquisition of Home State Bank. Hats off to Chase for uncovering something that attracts millennials to the credit card product that most banks missed.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. Acquisition of the Year – Guaranty Bank and Trust Company in Colorado for its acquisition of Home State Bank. Hats off to Chase for uncovering something that attracts millennials to the credit card product that most banks missed.

Utah 60

Utah System Community Marketing 60