Monitor, Measure, and Control Cannabis Banking

Compliance Management

Banks and Credit Unions unlock compliant banking operations with transaction validation, state license verification, government reporting and entity health management.

New Client Onboarding

Streamlined application and underwriting of prospective MRB Clients to improve client experience and onboard clients more quickly.

Payment Enablement

Enable cashless, electronic commercial and consumer payment programs to reduce cash.

Shield Compliance provides financial institutions with tools that specifically address the unique needs of the legalized cannabis industry.

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• New client enhanced due diligence         

• MRB dispensary inventory controls         

• MRB cash flow reconciliation      

• MRB Petty cash and expenditures           

• Initial and ongoing licensing and background checks

With the Cole Memo resinded, Shield Compliance offers you a renewed sense of security.

Enhanced, cloud-based tools empower compliance officers with rich information and timely reporting.

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• ​Transaction amounts reconciled across multiple data sources

• Detailed transaction level reconciliation of against client financial statements

• Transaction verification with online invoice and receipt collection

All highly-tailored to the unique needs of cannabis banks and financial institutions.

Unlike traditional BSA\AML platforms, Shield's purpose built system generates the data and filing tools needed to comply with FinCEN guidance.

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• Limited Suspicious Activity Reports

• Continuous Suspicious Activity Report procedures           

• Priority Suspicious Activity Report procedures   

• Marijuana termination suspicious activity reports

• Red flags that trigger priority SAR filing