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Why State And Local Governments Struggle To Shred The Paper Check

PYMNTS

Governments at the state and local level are having trouble meeting this need, however, as they must also balance regulatory compliance standards against the desires of their in-state residents. Online payments are taking small steps forward for several government agencies at the federal level as states examine their potential benefits.

Idaho 130
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Can Pivotus Help Save Banks from Themselves?

Bank Innovation

Just last year, the Portland, Oregon-based corporation performed the rare feat of upgrading its core Read More. Pivotus Ventures, a new venture capital firm launched by Umpqua Holdings Corporation, believes that drastic action is needed to keep banks relevant in the coming years. If any FIs can do it, Umpqua is certainly among them.

Portland 150
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FinTech Could Be Hurt By Fight Between OCC And States

PYMNTS

The charter is optional for FinTechs and is aimed at providing a stamp of approval by the OCC for having good compliance practices. Meanwhile, senators from Ohio and Oregon told the OCC the charter would complicate existing FinTech laws and initiatives already in place at the state level.

Fintech 109
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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

The company provides a B2B eCommerce platform for cannabis retailers to procure product online while ensuring legal compliance. The firm said it will use the funding to expand from Colorado into other states in which marijuana laws are becoming more lenient, including California, Nevada and Oregon. Back in the U.S.,

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The Dawn Of A Cashless Global Economy?

PYMNTS

Now legal in 23 states, with recreational use also legal in Alaska, Colorado, Oregon and Washington, marijuana is very much still a cash-based business. So, who continues to use cash? There are industries that are still cash-based, among them: the medical marijuana trade.

Taxes 100
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SourceMedia’s Small Business Banking Conference Show – No Shortage of Innovation

William Mills

First up was WMA-client Baker Hill, based in Carmel, Indiana and provider of Baker Hill NextGen , a turnkey online loan application system with a roles-based modern user interface specifically engineered to adapt with the evolving needs of financial institutions. Baker Hill. www.bakerhill.com. www.miradortech.com. 9spokes.com. Intralinks.

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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

HQ: Portland, Oregon. Payments risk & compliance management. Payments gateway for online marketplaces. Online investment manager. Tags: Payments, risk, compliance, SMB, merchants, cards, acquiring. Mobile payments for vending machines. Latest round: $12 million. Total raised: $15.2 Source: The Oregonian.