RiverBank has joined forces with Green Check to revolutionize cannabis banking through a direct-to-core integration facilitated by DCI’s iCore360 system. Green Check will manage the digital onboarding and front-end user experience, while DCI’s core technology allows for real-time, compliant core booking into RiverBank’s system.
This integrated approach ensures transparent money movement, regulatory compliance, and simplified account management for cannabis-related businesses (CRBs). It also brings legitimate banking tools to the cannabis sector — including ACH, wire transfers, and the first truly compliant cannabis debit cards — making it easier for service providers to operate efficiently in this high-growth, high-compliance market.
DCI and RiverBank took a deliberate, compliance-first approach in choosing Green Check as a partner. This included drafting a full cannabis banking strategy, presenting it to their board and regulators, and forming a dedicated Fintech committee to guide business decisions. They clearly outlined the type of partner they aimed to be — and what they needed in return.
“Our interest in Banking-as-a-Service (BaaS) began in 2022, but our goal wasn’t speed — it was sustainability,” said Chris Davis, Senior Vice President and Chief Operating Officer at RiverBank. “DCI’s direct-to-bank model gave us the compliance and control to do it right. Green Check, as the cannabis banking leader, was the ideal partner. This partnership allows us to support local economies while diversifying our revenue streams.”
Green Check stood out for its compliance-focused platform and its ability to integrate seamlessly with any core system — a perfect match for RiverBank’s goals and regulatory environment.
“RiverBank’s focus on compliance and growth aligns perfectly with our mission,” said Stacy Litke, Vice President of Financial Services at Green Check. “This collaboration allows us to provide vital banking services to the more than 14,000 cannabis businesses we serve while connecting them to trusted financial institutions like RiverBank.”
This partnership represents more than just a business deal — it’s a forward-looking model for Fintech and sponsor banking: compliance-first, core-integrated, and purpose-driven.
“DCI’s direct-to-bank BaaS model is a true differentiator,” said Joe Warner, Fintech Sales Manager at DCI. “While the Fintech landscape faced uncertainty, we doubled down on doing things the right way — and that’s why we’re seeing real results from partnerships like this.”
In today’s fast-moving financial world, 45 days can change everything — and this partnership proves it.
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