August 16, 2023
Via: FinTech FuturesAs a Minority Depository Institution (MDI) and a US Small Business Administration Preferred Lender, Tasi Bank, a division of the Bank of Guam, supports a consolidated offering of banking and fintech capabilities to serve the region’s financially excluded communities, with […]
December 20, 2022
Via: Banking DiveThe SAFE Banking Act was excluded from the $1.7 trillion government funding bill, sources told Bloomberg, Politico and Marijuana Moment on Monday — meaning the perennial cannabis banking reform measure will have to be reintroduced during the next congressional session, […]
May 2, 2022
Via: Bank DirectorThe legal cannabis industry is growing exponentially each year, creating extraordinary opportunities for financial institutions to offer services to this largely underbanked, niche market. Revenue from direct marijuana businesses alone is expected to exceed $48 billion by 2025, part of […]
March 19, 2021
Via: Banking DiveThe banking industry has largely been reluctant to service the cannabis sector because of pot’s classification as a Schedule 1 drug, forcing many marijuana- related businesses to deal primarily in cash. Cannabis reform advocates say the cash-only nature of the […]
May 30, 2019
Via: Bank DirectorBanks should not wait on lawmakers taking action on the myriad of proposed cannabis banking bills to make important strategic decisions about servicing marijuana-related business. It is unclear if any of the proposed cannabis banking bills will gain enough traction […]
March 26, 2024
April 4, 2024
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