Page 14 - Banking Act News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A report published by the Congressional Research Service (CRS) has highlighted the challenges faced by licensed cannabis businesses operating without access to traditional banking services. Without banking access, such businesses face higher borrowing costs and must rely on cash transactions, making them vulnerable to theft. The CRS has proposed legislation to address these issues, the Secure and Fair Enforcement Regulation (SAFER) Banking Act, which is currently pending a floor vote. In other news, Palm Springs City Council has extended its temporary moratorium on new cannabis dispensary perm...

Top financial groups here have put forward animated characters as their faces in a bid to woo a wider range of customers. Woori Financial Group has recently brought back its band of animated characters, WiBee Friends, pulling them out of a six-year hiatus. Woori Bank CEO Cho Byung-kyu pushed for the return of the characters, seeing the need to appeal to customers with a softer, friendlier image, according to the firm...

Happy 2024!  The entire Saul Ewing Health Law Practice Group wishes you and yours a healthy and prosperous new year and successful (and compliant) activities in the health care delivery...

Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..

Banking has always been a contentious issue in cannabis. While many dispensaries offer cashless ATMs that allow for debit cards, the ability to use credit will rely on federal rescheduling or legalization.