Shield Compliance Adopts LemonadeLXP to Improve the Customer Experience Associated with Cannabis Banking Compliance

Ontario, Canada, October 14, 2022 – Shield Compliance, a BSA/AML compliance and risk management solution for cannabis banking, has entered into a strategic relationship with LemonadeLXP to make it easier for financial institutions and their cannabis-related business (CRB) customers to navigate and carry out the complex compliance requirements associated with cannabis banking.

Using the LemonadeLXP platform, Shield will create a series of user journeys that provide step-by-step guidance on how to complete a myriad of compliance tasks. The interactive videos will be made available to bankers and cannabis operators as part of a searchable online support hub.

“We are continually looking for ways to make it easier for our bankers and their customers to complete the compliance requirements associated with cannabis banking,” said Tony Repanich, president and CEO of Shield Compliance. “We look forward to deploying new training and support videos on the LemonadeLXP platform to enhance the experience we deliver to our clients and their end-users, while improving overall compliance outcomes.”

“We applaud Shield’s commitment to enhancing the customer and end-user experience with our training and support platform,” said John Findlay, CEO of LemonadeLXP. “Our Digital Academy tool helps financial institutions and fintechs maximize the return on their technology investments by supporting staff and customers through new technology rollouts and other technology-based tasks. We’re particularly pleased to see it utilized to facilitate the execution of complex compliance functions associated with cannabis banking.” 

About Shield Compliance

Shield Compliance transforms how financial institutions serve the legal cannabis market. Its purpose-built BSA/AML compliance management software solution sits behind the financial institution to simplify compliance, automate processes across multiple data sources, create efficiencies, unlock new revenue, and scale operations. For more information, visit www.shieldbanking.com or contact info@shieldbanking.com.

About LemonadeLXP

LemonadeLXP is a digital growth platform that helps FIs and fintechs quickly create effective training and support tools to grow their digital banking business and maximize the ROI on their technology investments.

For more information, please contact:

John Findlay

CEO

LemonadeLXP

C:  613-850-8460

jfindlay@lemonadelxp.com

www.lemonadelxp.com