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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). But not until $1 trillion went from banking to money markets. And, according to some EDP students that are lenders, are turning to the shadow banking market that do not have deposit demands.

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

Abrigo

This lack of access to financial services hinders these businesses’ abilities to gain a market foothold and contributes to the flourishing of an unregulated, underground marketplace. On September 27 , the Senate version moved to the Senate Banking Committee and passed to the full Senate with a vote of 14-9.

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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. market for legal weed. Legal marijuana sellers want bank accounts just like any other business. But that’s the exception. SAFE Banking Act. Fear of Punishment.

Oregon 230
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Legal Pot Starts Pulling Its Retail Weight

PYMNTS

One of the biggest arguments in favor of federal legalization of marijuana is the opportunity for regulation to pull an industry off the black market, and into the world of compliance and transparency — ultimately promoting consumer safety. Fraud, in the herbal world, is a very common occurrence,” she told PYMNTS in a recent interview.

Retail 154
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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. market for legal weed. Legal marijuana sellers want bank accounts just like any other business. But that’s the exception. SAFE Banking Act. Fear of Punishment.

Oregon 115
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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. B2B FinTechs in the U.S. and India seem to be an unshakable force these days.

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5 ways AI can improve customer service

Independent Banker

We want to balance providing the fast answers and solutions that customers are looking for without losing that personal touch,” says Rory Bidinger, chief marketing officer of Stearns Bank N.A. Susan Springer is a writer in Oregon. “Did I get the loan or not?”. “We Cloud, Minn., Paperwork takes way too long.”.