Shield Compliance transforms how financial institutions manage risk, comply with regulations, and satisfy operational demands associated with serving the legal cannabis market across the United States. Its purpose-built BSA/AML compliance management software solution sits behind the financial institution to simplify compliance management, accelerate the new client application and underwriting process, and enable digital payments.

The Shield compliance management platform aggregates financial institutions’ transaction data and demographic records with restricted and publicly available information from state and local governments, seed-to-sale tracking, and client financial statements. This approach enables financial institutions to grow their portfolios and gain an early mover advantage on new customer relationships while protecting themselves from the risks associated with serving this industry.

For more information, please visit https://www.shieldbanking.com.