Incline Village, NV, January 23, 2018 --(PR.com
)-- NominoData has released a new three tier solution for financial institutions that are struggling to comply with regulations pertaining to Marijuana commerce. This three tier solution includes Marijuana Related Business (MRB) data, beneficial owners of the MRBs data and a due diligence solution named One Click Compliance to investigate and analyze related KYC and BSA issues.
Robert Goldfinger President of NominoData stated "With the recent Department of Justice change in policy, centered on the revocation of the Cole memo financial institutions are further challenged to comply with the resulting conflict of state vs federal marijuana laws." In response NominoData is releasing a three tiered solution that includes: 1. Marijuana Related Business data for MRBs that have been registered at the state level. 2. Beneficial Owner information for the MRBs. 3. A due diligence investigation tool named One Click Compliance that provides investigators and analysts with a platform to conduct KYC/BSA compliance investigations.
Mr.Goldfinger added "This unified data and due diligence tool can be integrated with any existing KYC, case management or other compliance platform. The three tiered solution is reasonably priced for all sized financial institutions."
For additional information about this three tired solution, segments of the data or One Click Compliance please contact firstname.lastname@example.org.