Category: Company News
Stay up to date with exciting happenings at NCS Analytics! Our recent press releases and company news can be found here.
post: Five Ideas That Can Solve the Cannabis Banking Problem
By Joann Needleman of Clark Hill The cannabis “goldrush” shows no sign of letting up. As of January, there are more states that have legalized marijuana in some form, whether for medical or recreational use, than the 17 states that have no legalization whatsoever. For those 33 states and the District of Columbia, business is […]
post: Missouri’s Triad Bank now offering services to cannabis businesses
By Nick Thomas Missouri’s medical marijuana industry has yet to launch, but that hasn’t stopped one local bank from stepping up to provide services. Triad Bank, based in St. Louis suburb Frontenac, is offering deposit services to marijuana-related businesses such as processors, cultivators and dispensaries, CEO Jim Regna told Marijuana Business Daily. The bank is well […]
post: The California Cannabis Authority Gains Momentum
In a small conference room in Yolo County last week, a number of County Supervisors, Treasurer Tax Collectors and Auditor-Controllers from around the state gathered together to talk pot. More specifically, they gathered together to talk about the numbers – cannabis permits, state cannabis licenses, tax proceeds, and how they are going to use this […]
post: A half-banked industry — new cannabis businesses need access to financial service
If you ever open a cannabis business, you will have this meeting: Some really big guys will contact you about your cash problem. A cash problem only they could solve. It will require unmarked, bullet-proof vans, guns, more big guys, and some special relationships with government officials. At one point, when you ask how they […]
post: Unique Program to Track and Trace Dollars in CA Could Pave the Way for a Banking Solution in the US
State and local governments vary greatly in their ability to attract and compensate regulatory personnel that bring institutional knowledge and experience to regulate the nascent Cannabis Industry in their respective spheres of influence. Think about it, the challenge for any state or local government is to find and afford people with the experience and the […]
post: Pot banking regtech is ready for its moment
By Nathan DiCamillo For startups developing regulation technology for financial institutions that do business with marijuana firms, there’s one clear upside to the fact that medical marijuana remains illegal under federal law. “We don’t have the traditional pressures from the large scale tech players because they don’t come in and play,” said Adam Crabtree, founder […]
post: Nationwide Compliance Specialists Becomes NCS Analytics
Changes are Effective July 1, 2018 Denver, July 11, 2018–Nationwide Compliance Specialists, Inc., the leader in high-risk analytics and monitoring for financial institutions and regulatory agencies, is announcing an immediate name change to NCS Analytics, Inc. The name change reflects the company’s new emphasis on analytics and research into the financial components of high-risk and […]