February 21, 2018

Published by TFM Admin at February 21, 2018

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Will CBD be Legal? Here’s the Latest on the HIA v. DEA Lawsuit

On Thursday, Feb. 15, the Ninth Circuit Court of Appeals heard oral arguments in San Francisco re: Hemp Industries Association vs. DEA. The hearing was the […]

February 2, 2018

Published by TFM Admin at February 2, 2018

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CBD Legality Limbo? Upcoming Court Decision to Provide Clarity

On February 15, the Ninth Circuit Court of Appeals will issue a decision that will have far-reaching consequences in the industrial hemp industry. The Court will […]

October 26, 2017

Published by TFM Admin at October 26, 2017

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What if a regulator says you are an MSB?

I frequently get calls from companies saying they have received letters from state regulators requesting information related to whether they have acted as a money service […]

June 8, 2017

Published by TFM Admin at June 8, 2017

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Merchant ID Shut Down? Here’s What to Expect

Disaster has struck. Your merchant ID was shut down, leaving you unable to process credit-card payments. What happens next? For instance, are you put on Match? […]

March 3, 2017

Published by Theodore F. Monroe at March 3, 2017

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State Money Transmitter Rule Slams PFs, ISOs

Late last month, Pennsylvania issued an advisory that its money transmitter regulations are violated when payments companies–payment facilitators and ISOs–collect money from consumers and forward it […]

March 1, 2017

Published by Theodore F. Monroe at March 1, 2017

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Think Chargebacks Are Bad? Look What Uncle Sam Can Do

The Federal Trade Commission and other government agencies have a newfound willingness to hold payment processors liable for the unlawful conduct of their merchants. This is […]

February 28, 2017

Published by Theodore F. Monroe at February 28, 2017

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Hop to it When the Government Calls

Whether you are an ISO or a merchant level salesperson (MLS), odds are you will at some point receive an unexpected visit from a government agency. […]

February 27, 2017

Published by Theodore F. Monroe at February 27, 2017

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What to Do When Your Processor Won’t Pay You? It Depends…

Every week, I get a call from an agent or ISO (whom we will simply call the “agent”) complaining that an ISO or other upstream processing […]

February 26, 2017

Published by Theodore F. Monroe at February 26, 2017

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Pot Shop Processing Remains Risky Business

Processing payments for legitimate, state-licensed marijuana-related businesses remains risky. Although a number of community banks have tested the waters with such payments, no safe harbor from […]

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