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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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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. billion in taxes from legal cannabis companies last year, an amount of money that is undoubtedly a sizzle for the federal coffers.

Taxes 177
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242 Startup Failure Post-Mortems

CB Insights

Fresco’s head of community marketing, Johnathan Hamiter, began sending employees private Slack messages saying funding seemed “pretty bleak” and encouraging them to look for other jobs. Unfortunately, we were not able to find our place in the market. But we just didn’t feel as confident in that market.”. Around 4 p.m.,

Company 78
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Will The SAFE Banking Act Make Life Riskier For Banks?

PYMNTS

In fact, in the intervening 23 years, the situation has arguably gotten even more complex as 31 states (plus the District of Columbia) have legalized cannabis consumption for either legal or medical reasons. Plus, though it is mentioned less frequently, cash industries are notoriously hard to tax. The Proponent’s Pitch .

Taxes 151