We have made the argument before that when it comes to mastering the technology required for next-generation payments, the structure of banks doesn’t permit it and the attitude of bankers won’t allow it. Seems that we’re not alone. McKinsey & Company has now come to the identical conclusion. In a fascinating report, McKinsey’s argues […]Read more "Banks Simply Can’t Handle Technology As Well As PFs"
Two weeks ago, we told you the tale of PayPal’s Venmo going overboard with compliance efforts, when it delayed any transaction that mentioned the word “Persian.” Not wanting to be outdone by any PayPal division, Chase has decided to top Venmo in the craziness department. Chase’s entry? It blocked the money transfer of a 55-year-old […]Read more "Payment Regulatory Insanity Two: A Dog Named Dash"
FastCompany recently took a fascinating deep-dive into the strategy and tactics behind Square’s design. It’s a terrific read, if only to explain the design genius behind a thoroughly under-appreciated feat of engineering. It’s certainly no surprise that the Square team would have taken so much time perfecting it’s design, which delivers a beautiful-yes, I think […]Read more "Square’s Design Miracle: EMV, NFC And An Amazing $49 Pricetag"
A recent survey found that 53% of Michigan residents who are likely to vote this fall would say yes to legalizing and taxing marijuana. Supporters of legalizing the drug say that this number is of no surprise to them. Support for the legalization of marijuana has continued to increase over the years in Michigan […]Read more "Michigan Likely To Say Yes to Pot"
Hawaii is among many states deciding how much marijuana a driver can safely consume before getting behind the wheel of a car. With legalization growing both medically and recreationally nationwide, this is an issue that many lawmakers want to tackle now. The State Department of Health is currently studying whether a person can safely drive […]Read more "How Much Marijuana Is Too Much While Driving?"
Under the latest card brand rules, payment facilitators are being held to exacting requirements. Note that the acquirer is now able to terminate a PF contract immediately with “good cause.” So while state and federal regulation may get the bulk of the attention, those are hardly the only areas of potential rules-enforced disasters. Visa’s […]Read more "Questions Every New Payment Facilitator Should Ask Its Payments Attorney"
British company, GW Pharmaceuticals, has given investors peace of mind that they are legitimate and ready to push forward past competitors in the marijuana industry. GW Pharmaceuticals recently released a a cannabinoid drug, Epidolex. After numerous studies, the company has proven that this drug has the ability to reduce seizures for children suffering from […]Read more "Cannabis Stock Skyrockets After Studies Prove Its Drug Reduced Seizures"
This video shows the scare tactics used to pass the marijuana tax act of 1937, “effectively making marijuana illigal”. Also it shows the ignorance of Harry J. Anslinger when presented with scientific evidence disproving all reasoning for the prohibition of cannabis!Read more "Reefer Madness And Marijuana Scare Tactics – Marijuana Videos"
Arizona — A campaign being led by the Marijuana Policy Project of Arizona would legalize the possession and consumption of marijuana for adults 21 and older, and allow them to grow up to six plants in their homes. The initiative needs over 150,000 signatures by July 7 to place the question on the 2016 ballot. California — Legalization advocates […]Read more "Marijuana News – Where Are The States Heading For Legalizing Marijuana?"
Top 3D Printed Objects The Top 10 3D Printed Creations 13 Amazing Things You Can Make With a 3-D PrinterRead more "The Top 3D Printed Things – 3D Printed Objects"