How WEOKIE Federal Credit Union optimized transactions | SWIVEL posted on the topic | LinkedIn (2024)

SAFE Banking Act UpdateIn case you missed it, the SAFE Banking Act which started in the House never made it out of the Senate. Instead, a “SAFER Banking Act” was initiated.Yes, you read that correctly, a “SAFER Banking Act” was initiated in the Senate, and PASSED.At some point, the SAFER Act will continue to the House which passed earlier versions of the SAFE Banking Act several times in the last few years.Many believe that the journey of the SAFER Banking Act may have a positive outcome, as there’s more bipartisan support for this bill this time.However, the practical impact of the SAFER Banking Act today would probably not be very much as hundreds of financial institutions are already banking marijuana business. Nevertheless, it represents a step forward for consolidating the industry in terms of legislation, as marijuana is still federally illegal.Ever wonder how a new Bill is created? Please follow below for a quick review.#safebanking#getactive#peaceinthemiddleeast

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The SAFE Banking Act could bridge the state and federal cannabis banking gap, but it hit a wall in Congress in 2022 after lawmakers excluded it from a $1.7 trillion government funding bill. Keep reading to learn more about the SAFE Banking Act: https://buff.ly/3PsFqbF#cannabisbanking #safebankingact

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In today's market, credit unions should prioritize the digital experience with accountholders in mind to remain competitive and relevant. More in this article.#creditunions #digitalexperience #payments

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Credit union websites and mobile apps are falling behind biller sites in facilitating bill payments. It’s time to change that. Read this article to learn how!#creditunions #digitalexperience #payments

Javelin Strategy & Research's latest report reveals the most commonly used payment cards in the market. Were any of these findings surprising to you? 🤔💳#Payments #Credit #Debit #AcceptCreditCards #PaymentsNews

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Cross-border #payments that involve sending large amounts of money can be complex. Understanding these codes is crucial for efficient communication in the banking world. Learn more about HRB’s fast, safe, and compliant cross-border #transaction capabilities: https://hrbank.com

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✔The Top 4 Ways People Pay In The United StatesLuckily, there are several safe banking methods that business in the USA can consider. This guide shows the top 4 most popular pay methods in United StatesFor more Information 📕Read - https://lnkd.in/dYSh-VWTand get insights #PaymentMethods #USPayments #FinancialTransactions #PaymentTrends #CashlessSociety #DigitalPayments #CreditCards #MobilePayments

Discover the Europe-Wide Confirmation of Payee article written byBob Ford, a panelist at our latestpanel discussion event: “Instant Payments - Data, Fraud and Sanction Checking”.In this article, Bob summarizes the key themes and issues that were discussed for Banks across the EEA as they work towards the mandatory implementation of SEPAInst real-time payments.#instantpayments#payments#CoP#regulations#financialservices#bankingindustry

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In our latest blog post, discover three key ways the FedNow Service can support the everyday banking needs of individuals, as well as businesses. 💡Read now ➡️ https://bit.ly/3Syl018#bewherebankingisgoing #fednow #payments

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The SAFER Banking Act seeks to provide clarity and security for patients, consumers, businesses, and financial institutions by enabling them to engage in standard banking activities without the fear of federal repercussions. https://lnkd.in/g7eBEPE4