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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. The hearing itself was a small victory for proponents who wish to open up the banking system to legal pot operators. But that’s the exception. market for legal weed.

Oregon 230
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What #Banking Trend Will Have the Greatest Impact on Your Bank?

Jeff For Banks

This was the question posed to Bank Profitability students as part of the Oregon Bankers' Association's Executive Development Program (EDP). Shadow Banking refers to banking-like operations that take place outside of the mainstream banking industry. and 53% indirect costs: operations, IT, human resources, etc.

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SAFER Banking Act passes Senate Banking Committee: Will marijuana be re-scheduled under the Controlled Substances Act?

Abrigo

While marijuana bills have encountered obstacles, the current support and shifting attitudes toward marijuana legalization provide cautious optimism to banks and credit unions interested in banking marijuana profitably while managing risk and maintaining regulatory compliance. While 38 states , along with Washington D.C.,

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Mastercard Q2 Earnings Preview: Increased Spending, Digital Payments Expected

PYMNTS

Mastercard has expanded its services for SMBs in several ways over the quarter, launching new SMB card rewards that operate like a “toolbox” for fulfilling recurring needs, such as Mastercard ID Theft Protection. Many of the company’s SMB projects are overseas.

Payments 117
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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. The hearing itself was a small victory for proponents who wish to open up the banking system to legal pot operators. But that’s the exception. market for legal weed.

Oregon 115
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5 ways AI can improve customer service

Independent Banker

For example, a bank may feel comfortable allowing a VA to solve a login problem, while situations like a lost card are solved by an empathetic human. Stearns is still researching the expansion of AI operational functions, Bidinger says. Susan Springer is a writer in Oregon. Cloud, Minn., Because the $2.3

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

We worked with them with loans to buy equipment and vehicles for delivery and the beginning operational cash needs of the business,” Bunnell says. Two years ago, Lead Bank and Self expanded the program to include a secured credit card. More than 500,000 customers have received secured cards through the program. Marion, Ky.