Webinar Date/Time

April 9, 2026
1:00 - 2:00 pm ET

Includes Playback without Expiration

Enroll Today!

About this Event

As enforcement pressure increases across cannabis payment networks, financial institutions must understand the growing risks associated with traditional payment workarounds such as cashless ATMs, credit card processing, and certain PIN-based debit solutions. Recent network actions and regulatory scrutiny have raised new questions for banks about compliance exposure, operational risk, and the sustainability of these payment structures. This timely panel will help financial institutions understand what is happening across the payment’s ecosystem and why these developments matter now.

Join leading experts from the payments, compliance, and legal sectors as they examine recent network crackdowns and enforcement actions impacting cannabis transactions. Panelists will discuss how card networks, payment processors, and regulators are responding to cannabis payment structures that attempt to bypass traditional restrictions, and what those developments mean for banks currently supporting cannabis businesses or evaluating new payment models.

This session will provide bankers with practical guidance on how to assess their current exposure, what warning signs to watch for in cannabis payment programs, and how institutions can position themselves for safer, compliant payment solutions moving forward. Attendees will leave with a clearer understanding of the evolving cannabis payments landscape and the steps financial institutions should consider now.

Topics the panel will explore

  • Recent enforcement actions and network crackdowns involving cannabis payment programs
  • Legal and regulatory risks associated with cashless ATM and card-based cannabis transactions
  • How card networks and processors are responding to cannabis payment structures
  • Key compliance questions banks should evaluate in their current cannabis payment relationships
  • Practical steps financial institutions should consider managing payment risk moving forward

Instructor(s)

Michael Andrud

CEO - Lüt

FinResults Inc. is a fintech firm that specializes in advanced CRM / Process Management software and Payment solutions that helps our clients manage complex, high-risk and compliance intensive customer relationships. We combine the best features of advanced technologies in digital customer experience (UX), artificial intelligence (AI), process automation and data management to help our clients simplify end to end end to end business processes and compliance associated with high-risk customers.

Andre Herrera

Juno - Chief Compliance Officer

Andre G. Herrera is a seasoned professional with over 32 years of experience in banking, compliance, payment solutions, and technology management. Mr. Herrera oversees all matters of compliance for the organization providing banking, compliance, and payment expertise to the company. His core competencies include the implementation and administration of merchant credit card processing programs and significant programs involving ACH, debit cards, credit cards, co-branded and stored value products. Mr Herrera has consulted and implemented payment technologies and compliance solutions both domestic and international. Formally a bank CIO, he was responsible for the implementation and administration of secure systems in the highly regulated banking industry. He has planned, researched, and placed in production all banking technologies and proprietary systems necessary to run a financial institution. He has performed and managed complex projects involving large-scale conversions and data migrations as well as the implementation of new products and services. Andre’s technical background coupled with his effective communication skills has shown proven performance in the industry. Considered an expert in banking challenging industries, he is frequently asked to speak at banking conferences and seminars providing insight and expertise, and has educated over 10,000 bankers in how to provide financial services to high risk verticals.

Chris Van Dyck

Partner - Cogent Law Group

Chris Van Dyck, a partner at the Cogent Law Group, has been involved in the cannabis banking space for close to ten years, first as a financial regulatory attorney and then as general counsel and BSA officer at a financial institution. During his time as a regulatory attorney, he worked closely with financial institutions regulated by his office on compliance issues, including cannabis banking when the FinCEN guidance was issued in 2014. For the last nine years, he has focused his attention on developing a cannabis banking program, ensuring that it meets all regulatory expectations. During his tenure, the cannabis banking program at his financial institution grew extensively and became a significant revenue source.