Insights

A legitimate marijuana merchant account gives you sustainable cannabis payment solutions. Wondering if a payment processor is shady? Here are some signs.

Hypur offers sustainable payments using ACH transactions. But our ACH solution isn’t an e-check! Learn more about how we are different.

Using workaround cannabis payment providers can result in some serious problems. Learn from other people’s mistakes and protect your cannabis business.

Whether you run a Tier I marijuana related business (MRB) or partner with a tier ii MRB, there are important things you should know. Let us explain.

Referral programs that pay cash are the best! The refer-a-friend Hypur promo puts money into your bank account when your friends pay for cannabis.

If your cannabis business includes bags of money, you might be battling hidden costs. The cost of cash is high, but there are cannabis banking solutions.

Beyond cannabis payments, Hypur can help you make more money selling CBD or marijuana. Here are three ways that partnering with Hypur boosts revenue.

There are plenty of shady cannabis credit card processing schemes but using them could put your company at risk. Learn how, and what you can do instead.

Dispensaries are often at a loss when it comes to getting a marijuana merchant account. There is a lot of confusion and misinformation out there regarding merchant accounts, third-party payment processors and the payment services that retailers need.

Hypur is a free payment solution for consumers of cannabis and CBD products. Here’s what you should know about using Hypur to pay for hemp or CBD online.

After shopping for products online, you can pay for your Hemp or CBD products through your favorite website. But you might find that while your site of choice previously let you checkout with a debit or credit card, you’re now being instructed to use Hypur.

In this article John Vardaman explains the landscape of the current legal protections for those in the marijuana banking industry. As New York considers legalizing the recreational use of marijuana…

On January 4, 2018, then Attorney General Jeff Sessions announced the rescission of the Cole Memo, the document that set out the DOJ’s “hands off” approach to state-legalized marijuana, including…

According to a report released by the Financial Crimes Enforcement Network (FinCEN) for the period ending June 30, 2018, there are 441 U.S. depository institutions providing banking services…

In this video from the Green Market Summit, Hypur’s EVP of Business Development, Tyler Beuerlein and EVP of Banking Compliance, Andre Hererra, discuss the economics of cannabis banking…

Commercial banks around the country continue to treat one of the most basic services they’ve offered for decades more as a passive commodity rather than a proactive, marketable asset. It’s time for commercial banks…

On January 4, 2018, Attorney General Sessions issues a memo formally rescinding years of DOJ guidance, most notably the 2013 Cole Memo, that laid out the federal governments hands-off approach to to state legalized marijuana.…

Revenue and compliance are inextricably linked. The common perception is that the practice of compliance inhibits revenue generation, while the cost of compliance is a revenue drain. This lethal combination…

As new and innovative technology continues to disrupt long standing business functions, banking is proving to be no exception. The days of simply opening up a brand and expecting new…

In speaking at various bank and credit union events about the banking of Money Service Businesses, one common theme is clear: that despite changes in the regulatory landscape, the process for banking MSBs has…

This webinar covers recent events and trends and the tremendous opportunities created for financial institutions. As a result of “de-risking” by large national banks, Money Service Businesses across the country…

Banking marijuana-related businesses (MRBs) poses some unique compliance challenges. Fortunately, Hypur has developed solutions for them. There is a widely held assumption among financial institutions that…

When the federal government issued policy guidance in 2014 as to how financial institutions could permissibly service marijuana-related businesses, industry reaction was swift and decisive – most FIs wanted…

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In the current low-interest-rate environment, credit unions are exploring new sources of revenue to augment deposit and non-interest revenue. Hypur’s technology now allows credit unions to safely and profitably…

This webinar was presented by Hypur to members of the National Association of Credit Union Service Organizations (NACUSO) and addresses various legal, compliance, and financial factors concerning banking…

The Obama Administration decided as a matter of policy to permit state legalization of marijuana initiatives to proceed without federal intervention, except in extraordinary circumstances…

Regulatory expectations surrounding banking money service businesses are a frequent source of confusion for financial institutions. Many financial institutions are surprised…

Regulatory expectations surrounding banking money service businesses are a frequent source of confusion for financial institutions. Many financial institutions are surprised to receive deficiencies and matters…

In the current low-interest-rate environment, credit unions are exploring new sources of revenue to augment deposit and non-interest revenue. One new market that has emerged is state-legalized marijuana, which has created opportunities…

This is the fifth in a five-part series of articles on Banking Marijuana-Related Businesses (MRBs). This installment focuses on operating procedures of MRB banking. After researching regulatory guidance, becoming…

This is the fourth in a five-part series of articles on Banking Marijuana-Related Businesses (MRBs). This installment focuses on MRB transaction monitoring. Financial institutions should have prcedures in place to detect…

This is the third in a five-part series of articles on Banking Marijuana-Related Businesses (MRBs). This installment focuses creating an MRB banking policy. The first step in banking the cannabis industry is creating…

This is the third in a five-part series of articles on Banking Marijuana-Related Businesses (MRBs). This installment focuses on MRB banking regulatory guidance. The ideal situation would be if the FFIEC published…

This is the first in a five-part series of articles about banking MRBs. These articles are intended as an overview of marijuana banking, not an exhaustive guide. These articles are based on our banking, payments…