To provide a digital payment offering to financial institutions (FIs) working with cannabis-related businesses (CRBs), digital payment company Spence Labs has collaborated with cannabis banking technology company Shield Compliance, according to a Thursday (April 15) announcement. “We believe compliance-first processes are the only way to...
As the B2B payments landscape continues to make headway on the digitization front, not all industries are able to benefit from the modernization push. The legal U.S. cannabis market continues to struggle with a lack of access to traditional financial services, and even a surge...
Today in B2B payments, BNP Paribas launches a solution to enhance corporate transaction visibility, while Spence Labs launches a B2B payments solution for the legal cannabis market. Plus, Arch Insurance strengthens the payment experience of business travel insurance, Thrive plans a new small business banking...
In a sign of how far marijuana sales have come out of the shadows, Chicago FinTech Spence Labs is offering new products targeting the sector. One is a payments platform the company is offering called “seed to sale.” The other is a B2B payments platform...
