While legal marijuana made inroads in several states this year, federal criminalization of the drug means businesses that operate in the industry cannot access financial services they need like bank accounts and payment services — even when they’re legal. One marijuana business has announced plans to...
Ask any entrepreneur, and he or she will tell you that starting a new business isn’t easy. Now imagine moving to a new country to not only establish a life there but also establish a company, too. Muhammad Asim endured this challenge himself when moving to...
U.K. financial institutions (FIs) have been advised to comply with the EU’s Revised Payment Service Directive (PSD2) regulations despite Brexit, but the U.K. has its own Open Banking initiatives coming into force in 2018, too. They’re a result of the Competition and Markets Authority (CMA)...
