Seattle, WA – September 23, 2019 – Shield Compliance, the industry’s only purpose-built AML/BSA compliance management and payment integrator system for banking legal marijuana-related businesses, today announced an expansion of its leadership team with the hiring of Kurt Dicus as Chief Technology Officer and Jenna Meyer as Director of Client Success.
“As more financial institutions recognize the business opportunity associated with serving the legal cannabis industry, the addition of Kurt and Jenna to our leadership team will enable Shield Compliance to meet growing demand with an industry-leading product and seamless customer onboarding process,” said Noah Carey, founder and CEO of Shield Compliance. “Kurt’s and Jenna’s backgrounds in IT and client account management, respectively, complements Shield’s deep expertise in banking and regulatory compliance, and I am pleased to welcome them both to the team.”
Reporting to Shield’s president and COO Tony Repanich, Dicus brings more than 20 years of executive IT management across diverse industries including consumer packaged goods, travel, entertainment, high-tech, insurance, banking/finance, utilities, sports, wireless, retail and e-commerce. Prior to joining Shield, Dicus was Vice President of IT for Funko, a leading pop culture consumer products company. He also has experience leading SaaS companies from the venture capital stage to successful financial exits. Dicus is responsible for leading Shield’s technology roadmap, ensuring faster infrastructure scalability, integrating additional data sources into the Shield Data Hub, and providing best-in-class solutions that safeguard client data.
Meyer has spent much of her career leading account management teams at financial services technology firms. Most recently, Meyer was Vice President of Lending at Validis and previously served as Director of Solution Consultants at Baker Hill. Also reporting to Repanich, Meyer will work closely with the Shield team to support client implementations as well as lead customer communications including the production of manuals, job aids, and training.
Some form of medical and/or recreational marijuana is now legal in 33 states, representing approximately 95 percent of the US population. As more states pass legalization measures and federal cannabis legalization gains greater support, demand for banking services is growing rapidly. Compliant banking operations for today’s legalized cannabis industry require continuous enhanced due diligence that reaches far beyond traditional BSA/AML compliance tools. The Shield Data Hub, launched in March, simplifies and improves compliance and reporting requirements and is instrumental in allowing financial institutions to scale their core competencies to serve the growing cannabis industry.
About Shield Compliance
Headquartered in Seattle, Washington, Shield Compliance is transforming the way financial institutions manage risk, comply with regulations and satisfy operational demands associated with serving the legal cannabis market across the United States. Its purpose-built AML/BSA compliance management software solution sits behind the financial institution to simplify compliance, automate processes across multiple data sources, create efficiencies, unlock new revenue, and scale operations. For more information, please visit shieldbanking.com or contact firstname.lastname@example.org.