WednesdayDec 04, 2019 12:47 pm

Dama Financial Product Integration With PayWana Set to Revolutionize Retail Checkout Processing

New Dama financial partnership with PayWana™ integrates online banking solution with self-service technology to minimize wait times and expenses at retail locations across U.S. The partnership is designed to uniquely address some of the challenges cash-intensive businesses face Holders of Premier accounts managed by Dama can send payments via electronic ACH, wire transfer, or check to approved payees on clients’ behalf Through a new strategic partnership, Dama Financial is integrating the online banking solution it manages on behalf of its sponsor banks, and its payment processing software Paytender(SM) with PayWana™ self-service technology, Dama Financial announced in a press release (http://ibn.fm/tg8xC). PayWana…

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TuesdayNov 26, 2019 12:34 pm

QualityStocksNewsBreaks – Dama Financial to Offer Free Banking Access to Eligible Cannabis-Related Businesses

Dama Financial, a leading provider of access to electronic banking and payment solutions, this morning announced its plan to offer cannabis-related businesses (“CRBs”) that qualify under its Social Equity Program (“SEP”) free access to banking. The company has designed the financial infrastructure specifically for CRBs that are impeded by the shortcomings related to cash-based operations. Businesses that qualify for application to their respective state or county’s SEP are now authorized to apply to Dama’s SEP and obtain free access to banking. To view the full press release, visit http://ibn.fm/y3a6D About Dama Financial Dama Financial provides transparent, sustainable banking and payment…

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WednesdayNov 06, 2019 11:48 am

QualityStocksNewsBreaks – Dama Financial Enters Strategic Partnership with PayWana(TM)

Dama Financial this morning announced a new strategic partnership with PayWana(TM). Through the partnership, the company is integrating its PaytenderSM payment processing software and its online banking solution Dama Premier with PayWana self-service automated kiosk machines. PaytenderSM is an app-based consumer wallet that enables users to make electronic payments via QR “scan-and-go” technology. “The integration of PaytenderSM with Paywana self-ordering kiosks revolutionizes the retail checkout process, making it frictionless and automated. PayWana and PaytenderSM software represents the future of consumer checkouts and will no doubt become standard technology at quick service retailers,” Dama Financial CEO Dan Henry stated in the…

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WednesdayOct 16, 2019 11:13 am

Dama Financial Provides Access to Transparent Banking Services for Cannabis Industry

Cannabis companies are facing financing problems, because the big banks will not take them on as customers Dama Financial is focused on making transparent banking services readily available to the cannabis industry Dama Financial offers turnkey services to clients looking for safe, sustainable and modern financial/payment options Although more than 30 states have legalized cannabis use in some form, the majority of businesses in the field are having a hard time gaining access to banking services, leading to the emergence of specialized ancillary services to fill this gap. Dama Financial, a San Francisco-based private company, is one of these service…

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ThursdayOct 10, 2019 12:46 pm

Dama Financial is “One to Watch”

Provides access through bank partners to secure online, safe and convenient banking services for businesses in the cash-intensive cannabis industry Founded by banking and payments industry veterans experienced in building and scaling businesses Partnered with numerous financial institutions to help cash-intensive businesses reduce financial and safety risk, and run their businesses more efficiently Deposits held at partner banks are FDIC-insured up to $250,000 per account Dama Financial, through its bank partners, provides cannabis-related businesses (CRBs) access to transparent, sustainable banking and payment solutions. Using innovative technology, data and artificial intelligence, Dama exceeds the compliance and regulatory requirements for servicing CRBs,…

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