Justin Fischer
๐ค SpeakerAppearances Over Time
Podcast Appearances
You know, and Oklahoma has a ton of them, Texas, we're not quite there, but
An Oklahoma THC dispensary says, hey, I have to have a bank account.
I got to make payroll.
I got to do something with this cash.
It can't sit in a safe, which is also unsafe.
And so they will bring it to the bank.
Well, the bank has to do all this due diligence.
Where's your license?
What is your criminal background?
All that kind of stuff they've got to do.
And all that due diligence ends up in like Word documents, background check systems and all these disparate places.
Well, then imagine if you have...
pretty much the only bank that's banking THC in Oklahoma.
There's only a handful and you've got hundreds to thousands of those customers, right?
They're hugely profitable for you.
You got great fees, but you're just a person in their mid fifties.
Who's like literally trying to do this with manual processes.
We come in and we automate all that process.
And so when the examiner then comes in and says, okay, Nathan, show me where you did everything you said you're supposed to do.
You can say right here inside risk out.