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New era for pot regulation leaves old problem: Many cannabis companies can't find a bank

The Biden administration's move to reclassify marijuana as a less dangerous but still controlled drug was hailed as a monumental step in reshaping national policy. “As far as financial institutions, I don’t necessarily think it’s going to have a demonstrable effect” on how they deal with cannabis operators, said Morgan Fox, political director for the National Organization for the Reform of Marijuana Laws, or NORML. “Any potential decision from the administration to reclassify cannabis has no bearing on the legal issues around banking cannabis," said Blair Bernstein, a spokesperson for the American Bankers Association. ....

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I'm a Bank Teller: 7 Services That Are Better on Your Bank's App

As more banking services move online and into mobile apps, some may wonder if the days of the neighborhood bank teller are numbered. But even as banks invest heavily in their digital offerings, branch. ....

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STC Bank launches in Beta supported by SAMA

Today stc pay was given formal approval from the Saudi Central Bank (SAMA) to move to the next phase of its transformation journey into STC Bank. This beta launch is limited to preselected customers and is a preparation for a full public launch later in the year. This step is supported by SAMA, affirming its commitment to playing a pivotal role in digital transformation and empowerment, contributing to the ambitious goals of Vision 2030 to transition towards a cashless society by increasing the ....

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India records 3% monthly rise in hiring; white-collar gig jobs up 184%

The share of IT sector in the gig economy nearly doubled, jumping from 22 per cent in March 2023 to a dominant 46 per cent in March 2024. This boom indicated a strong demand for skilled freelance coders, IT consultants, and other tech professionals.
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