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Hawaii Goes Cashless For Marijuana

PYMNTS

Hawaii announced that it is planning to be the first state to offer cashless cannabis sales in an effort to avoid robberies and other crimes targeting marijuana dispensaries. According to a Bloomberg news report, the governor’s office said that all of Hawaii’s eight licensed dispensaries have agreed to go cashless by Oct.

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In Hawaii, Streamlined Mass Transit In The (HOLO) Cards, Beyond The Paper Pass

PYMNTS

If the longest journey begins with a simple step, might the streamlined journey begin with a simple tap of the card? In Hawaii, we are about to find out. The HOLO card can be loaded with cash via phone or bank account. The closed loop account-based system is one where every card has an account linked to it.

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Brad M. Bolton: Our greatest assets

Independent Banker

Community bankers have proven vocal advocates on numerous issues facing our industry, including pushing to advance a cannabis banking safe harbor, close the industrial loan company loophole, oppose an extension of Durbin Amendment restrictions to credit cards and shape the debate over the regulation of crypto assets.

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NEW REPORT: New Regs Open New Markets For Credit Unions

PYMNTS

The credit union (CU) market has long argued that rules intended for larger, more traditional banks have unjustly been applied to their industry, stifling their growth and pace of innovation. A recent partnership could make it easier for credit unions to instantly issue replacement payment cards to members.

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Five At Five: NYC Votes To Impose Ridesharing Cap

PYMNTS

Coverage includes New York lawmakers seeking to put a cap on ridesharing services, states working to embrace blockchain , Hawaii saving money by converting some functions to digital, new data from the Federal Reserve and Starbucks clearing up the confusion over cryptocurrency. City Council Weighs In On Ridesharing Debate With Cap.

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CanPay: Solving Pot’s Payments Problem

PYMNTS

Cannabis’ status as a schedule-one narcotic means the federally chartered banks, the card networks and the traditional payments ecosystem have made it clear that they’d like to steer clear. In turn, that means digital payment methods of all kinds have largely been a no-go, making pot a $7 billion cash industry in 2016.

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Digital Driver’s Licenses Are Put To The (Pilot) Test

PYMNTS

The plastic cards have become a fixture in American wallets from Maine to Hawaii, required not just when behind the wheel, but also at cigar shops, liquor stores, bars and nightclubs. I think the industry is moving that way,” Krawiec said. Driver’s licenses have not changed much over the past few decades.

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