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Food Stamps Online: The $75B Grocery Game-Changer?

PYMNTS

Those who are unbanked pay to cash their checks, to get money orders to pay their bills and to buy and use prepaid cards. The situation creates something of a catch-22 for those in the lowest tax bracket — can’t stop being poor with saving, can’t save money until one stops being poor. Is there any way out of that?

Online 100
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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. It’s time to toast the conquerors and skewer the laggards, GonzoBankers. THE BANKING AWARDS.

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

Fintech Labs Insights

HQ: Portland, Oregon. Community platform for investors. Tax preparation technology. Tags: Consumers, tax prep, personal financial management. Source: Crunchbase. CrowdStreet. Commercial real estate crowdfunding. Latest round: $3.5 million Series A. Total raised: $4.85 Source: Crunchbase. Latest round: $2.5 Tradesocio.

Company 12
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SAFE Banking Act Gains Cannabis-Friendly Spotlight In Congressional Hearing

PYMNTS

Over the last two years, more than $500 million worth of cash deposits from the legitimate cannabis business has flowed into Maps Credit Union in Salem, Oregon. But banks, credit unions and card networks shy away from that industry, despite its revenue potential, due to concerns about federal regulatory punishment. Cash Dangers.

Oregon 230
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SAFE Banking Act Gains Cannabis-Friendly Spotlight in Congressional Hearing

PYMNTS

Over the last two years, more than $500 million worth of cash deposits from the legitimate cannabis business has flowed into Maps Credit Union in Salem, Oregon. But banks, credit unions and card networks — understandably —shy away from that industry despite its revenue potential due to concerns about federal regulatory punishment.

Oregon 115