Over one billion dollars in cannabis-related transactions have been validated and verified —from Tier 1, Tier 2 and Tier 3 MRB’s —using NatureTrak’s software and APIs to accept cash deposits, payments, send payouts, and manage financial institutions operations safely and profitably.
NatureTrak was launched in May of 2017 to build a complete solution under which licensed cannabis companies could execute electronic transactions through its network of partners, banks, and credit unions. The platform automatically verifies legal cannabis businesses with the state of California’s “Metrc” compliance system. By providing real-time compliance verification to banks, they satisfy Anti-Money Laundering laws that govern their ability to conduct business with, and execute electronic transactions for, cannabis companies.
For the families that relocated to the hills and planted the first seeds that gave birth to an industry. For the pioneers who sacrificed their freedom to provide for their community, living off the land and becoming one with Mother Nature. For those who devoted their life savings to the Californian dream. For the social equity applicants disenfranchised by the “drug trafficking.” For the risk takers, the caretakers, and medicinal patients who stood tall against the opposition.
We agonize over the cannabis industry, the supply chain, the illicit market and the rules & regulations so your institution don’t need to understand the intricacies and complexities to stitch together disparate systems or spend months integrating cannabis into your BSA/AML compliance framework.
Verify MRB clients across all regulatory agencies and use data insights to accept bank deposits without the risk.
Aggregate data from chain of custody systems such as inventory management, distribution logistics, and point of sale platforms.
Perform real-time audits, analysis, and reports on all cannabis-related deposits and transactions.
From direct integrations with Core bank, AML Software, FinCEN, POS, track and trace, and accounting software, we operate on and optimize at every level of the BSA department.
We release hundreds of features and improvements each year to help you stay ahead of industry shifts. (On average, we deploy our production API 10x per day.)
Our systems operate with 99.9%+ uptime and are highly scalable and redundant. NatureTrak is certified to the highest compliance standards.
Our machine learning models train on millions of data points and help increase profitability and scale without increasing risk, fraud, and more.
For ambitious institutions within around the world, NatureTrak makes banking MRBs as simple, flexible, and implementable as the rest of the core software providers. Our teams are experts in cannabis, technology and banking and we process over a billion of cannabis-related transaction each year for financial institutions.
Explore NatureTrak’s enterprise risk management platform or begin a FREE cannabis advisory risk assessment to start accepting MRBs. You can also contact us to design a custom package for your business.
We assist financial institutions in the development and fundamental elements of cannabis banking initiatives.
Get up and running with NatureTrak’s full suite of Federal & State examined tested compliance tools.
This article showcases the best Sacramento based Risk Management companies. These startups and companies are taking a variety of approaches to innovating the Risk Management industry.
By acquiring Copacetic Strategies, NatureTrak has expanded its offerings and expertise which includes risk mitigation and more.
NatureTrak, announces its newest customer. Southwest Capital Bank provides a wide variety of banking services to businesses and individuals in the state of New Mexico.
Jontae James is the founder and CEO of Sacramento-based NatureTrak, which works with financial institutions to create an auditable supply chain record for their legal cannabis business customers.