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By bridging the gaps between the capabilities of existing technology platforms and the unique demands of serving cannabis businesses, Hypur's technology will enable WPCU to satisfy the unique regulatory requirements of providing financial services for cannabis businesses.
WPCU will utilize Hypur's cloud-based regulatory compliance software to automate new account onboarding, document management, SAR/CTR filing, to monitor transactions and validate that deposits are generated from permitted medical marijuana sales.
Ogden will help ensure WPCU continues to operate under the highest levels of internal controls and quality.The $159 million TrueCore Federal Credit Union in Newark, Ohio, promoted Jason Hall to vice president of operations.
The firm said that its technology would enable WPCU to meet regulatory requirements involved in the cannabis businesses.
Since joining WPCU in 2007 as director of marketing and business development, Fors developed and produced the nationally-awarded Savings Race, rebranded WPCU's image and value proposition, and increased WPCU's name recognition in the Miami Valley by 13%, among other growth initiatives.
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