Remove Colorado Remove Compliance Remove Operations Remove Retail
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Credit Union Helps US Marijuana Businesses Put Down Roots

PYMNTS

Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana. Recreational marijuana may be legal now, but many FIs remain reluctant to conduct business with marijuana retailers, due to the industry’s controversial nature.

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CardX CEO: Ban On Card Surcharge Ban May Lead to Lower Interchange Fees

PYMNTS

Yet now the ban on the surcharge ban – made possible by regulatory changes – means that companies must be in full compliance with the rules. For instance, a retailer may, on a shelf, display the cash price or the “credit price” alongside one another, may quote it verbally or may show the price differential on an invoice. population.

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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

Perfios operates in both the B2B and B2C markets and provides financial institutions and FinTechs with solutions to aggregate and analyze financial data for the purpose of streamlining loan decision making. The company provides a B2B eCommerce platform for cannabis retailers to procure product online while ensuring legal compliance.

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At the Speed of Tech

Independent Banker

Retail locations: Four. Jason Lord plays a central responsive role in sustaining systems operations in a fast-paced environment of continual change. We want to get to the point that, instead of running operations so that the customer has to be at our location at 3 o’clock, we can go to the customer at a time that works for them.”.

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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. Rowland with Greg Bynum, president and chief operating officer. Wrentham Co-operative Bank. First Colorado National Bank. Marion, Ky. Asset size: $114 million. Louisville.

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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. Monty Python “I’m Not Dead … Yet” Award – Goes to physical retail.

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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Acquisition of the Year – Guaranty Bank and Trust Company in Colorado for its acquisition of Home State Bank. Be Careful What You Wish for Award – To all those Fintech providers that can now get an official bank charter to operate within the confines of simple regulatory requirements. Is it in the water? The take-away?

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