The Risk and Compliance Journal, part of the Wall Street Journal, took a close look at PayQwick, the California-based financial services company that enables banks to provide banking services to the cannabis industry in a compliant manner.
Banks are using us and will open a normal business bank account for any of our clients. They trust us and trust our compliance program to keep them safe.
Ken Berke, PayQwick CEO
The article, which includes testimonials from Twin City Bank and retail marijuana store High Society, details the steps required for the Payqwick solution to be compliant.
Read Ben DiPietro’s “Compliance Program Helps Marijuana Businesses Get Banking Services”: http://blogs.wsj.com/riskandcompliance/2015/12/23/compliance-program-helps-marijuana-businesses-get-banking-services/