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Nevada Marijuana Dispensary Uses Food Trucks To Sidestep Cards Regs

PYMNTS

No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop in Reno, NV calls itself when charging customers’ credit cards. Experts on dispensaries say such labeling is the only way to get around federal banking regulations. Blüm representatives declined to comment, the report said.

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Reimagine your business in the era of AI at Think 2018

Insights on Business

To help risk and compliance professionals understand the opportunities and navigate the fundamental changes happening to our business, IBM has designed a RegTech-focused curriculum for the upcoming Think 2018 conference happening March 19-22 in Las Vegas, NV. Think is the event where the problems of tomorrow meet the minds of today.

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FTC Crows Over $1.3B Haul in Payday Lending Suit

American Banker

The Federal Trade Commission took a victory lap Tuesday in its fight with race car driver Scott Tucker and his payday lending operation.

Lending 50
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Can Legal Pot Thrive With Closed-Loop Payments?

PYMNTS

Governor Steve Sisolak (D-NV) has authorized what The Associated Press called a “limited marijuana banking system” for the state, a tourist mecca where recreational cannabis is legal. The bill authorizing the program, AB466 , gives an operational time frame for the program, running from Oct. Three-Year Pilot. population. Sales Growth.

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