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Entering the cannabis banking market

Independent Banker

While the legal status of banking cannabis-related businesses remains fuzzy at the federal level, community banks in some states are finding that, with proper controls, they’re able to enter this niche market and offer banking services to these local businesses. decided to take a close look at that market. “We By Judith Sears.

Marketing 113
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Amazon, Walmart Benefit As More Than 1 Million Food Stamp Shoppers Buy Online

PYMNTS

s ShopRite stores, participates in a pilot program that lets EBT card users buy groceries online for delivery or pickup, Bloomberg reported. Department of Agriculture (USDA) expanded the online program, which is available in 46 states and the District of Columbia, according to Bloomberg.

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For Charter Schools, A Workforce Spend Tutorial

PYMNTS

million students in 43 states and the District of Columbia. To better understand charter schools’ challenges, PYMNTS spoke with Marco Rafanelli, CEO and co-founder of BuyQ , a group purchasing organization that specifically caters to the charter school market. Where should I spend my money?

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Who Should Lead The Digital ID Push?

PYMNTS

The digital identity verification market is projected to reach $12.8 The app stores digital versions of documents like drivers’ licenses, health cards and other forms of identity. There’s no question the world is moving in a digital direction. billion by 2024, despite the fact that digital IDs are still largely underused worldwide.

Wyoming 136
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Nurx’s Mission To Be More Than ‘The Uber Of Birth Control’

PYMNTS

“When you get it on Amazon Prime , all you do is enter your credit card and it shows up in the mail.” As of the end of 2018, Nurx is available for use in 22 states, including the District of Columbia. Texas is their most active market. This is one step of the way.”.

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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. Amex, China Cards : Amex became the first U.S. card network to gain access into this huge market, in tandem with Chinese JV partner LianLian Group.

Taxes 177
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SNAP Users Shut Out Of The Digital Grocery Aisles

PYMNTS

The government first began investigating the prospect of allowing SNAP card recipients to pay for their groceries online four years ago, in 2016 , and had begun to design a pilot program with grocery players. We’re looking forward to being able to bring the benefits of the online market to low-income Americans participating in SNAP.”.