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Spence Labs Collab Helps Banks Serve Legal Cannabis Market

To provide a digital payment offering to financial institutions working with cannabis-related businesses, digital payment company Spence Labs has collaborated with Shield Compliance.


To provide a digital payment offering to financial institutions (FIs) working with cannabis-related businesses (CRBs), digital payment company Spence Labs has collaborated with cannabis banking technology company Shield Compliance, according to a Thursday (April 15) announcement. “We believe compliance-first processes are the only way to bring transparency, trust and reliability to cannabis banking and payments,” Spence Labs Co-Founder and CEO Chris Rentner said in the announcement.



Read the full story on PYMNTS.com: Spence Labs Collab Helps Banks Serve Legal Cannabis Market