Commercial BSA Platform Provider RiskScout Partners With CRB Monitor

RiskScout

AUSTIN, Texas, June 14, 2022 (Newswire.com) - RiskScout, a leading commercial BSA platform utilized to streamline emerging market businesses for financial institutions, announces a partnership with CRB Monitor, the nation's leading provider of cannabis corporate intelligence. The partnership will integrate CRB Monitor's marijuana-related business, licensing, and violations data within RiskScout's enhanced due diligence platform.


Justin Fischer, Co-Founder and CEO of RiskScout, commented "We share CRB Monitor's objective of reducing the cost and complexity of banking and financial services for the cannabis industry. We're excited about the partnership and added value for our users because CRB Monitor has the most comprehensive, up-to-date entity, licensing and ownership verification and monitoring in the cannabis industry."


Steven Kemmerling, Founder & CEO of CRB Monitor, commented, "We are thrilled to partner with RiskScout, which successfully guides financial institutions through complex and high-risk banking compliance challenges. As federal and state regulatory hurdles continue to evolve for the cannabis industry, integrating CRB Monitor's data within RiskScout's enhanced due diligence platform will help ensure that banks and credit unions don't run afoul of the rules."


For more information on the partnership or RiskScout, please visit www.riskscout.com, or contact Julie Esser at 608-217-0678 or julie@riskscout.com.


About RiskScout
RiskScout is a commercial BSA platform that streamlines complex compliance in verifying, onboarding, and managing emerging market businesses such as hemp, cannabis, private ATMs, crypto, MSBs and more. Built by a team of former bankers, regulators, technologists and fintech professionals, RiskScout removes the BSA/AML business obstacle of risk underwriting and due diligence through automation to help banks scale growth, not overhead. Where others see risk, we see opportunity. For more information, visit www.riskscout.com.


About CRB Monitor
CRB Monitor empowers financial institutions and cannabis industry participants to manage better and monetize cannabis-related risks and opportunities. Known for its breadth, depth, and integrity, CRB Monitor has become the industry standard for cannabis-related market intelligence, with daily coverage of over 62,000 Tier 1 CRBs, 115,000 marijuana business licenses, 100,000 beneficial owners, and 1,800 cannabis-linked securities. Please visit www.crbmonitor.com to learn more.