Green Check Verified (GCV) is a regulatory software and services company founded in 2017 by a team of technology, banking, and regulatory experts. GCV focuses on the intersection between community banking and the emerging legal cannabis industry and aims to provide the services and tools needed to connect these two industries in compliant and profitable ways.
The Green Check Verified integration works behind the scenes with Canix's platform to offload reporting tasks for users. GCV automatically pulls information from Canix to give users the ability to:
GCV counts over 100 U.S. banks and credit unions as partners, and over the past year, has widened its ability to give financial institutions their own bespoke solutions for building cannabis products and service offerings. GCV continues to tackle one of the most significant challenges facing the industry, namely, that CRBs remain largely underbanked and underserved.
The integration between Green Check Verified and Canix allows users to sync sales, mirror product, price, and total order and avoid manual uploading.
Once orders in Canix are considered archived, meaning they are totally complete, GCV will pull that sale information into its own platform.
Syncing between the two systems happens every night and will only occur for archived orders. Orders that are in progress will never been synced into a users GCV account, ensuring all data is accurate.
Once synced, the information provides users in-depth visualization on sales order IDs to better allow for cross-referencing of payment details, while enabling support for multiple payments out of the box.
To set up the integration, users need to find their unique Canix key and input it to their GCV platform. That's it!
Simply provide your unique Canix key to your Green Check Verified platform and the syncing will happen automatically.
Once a sale is archived, Canix sends the sale ID, product, price and total order info to Green Check Verified automatically on a nightly basis.
Hundreds of financial institutions use Green Check Verified for their cannabis portfolios to mitigate risk and manage compliance. If your banking institution requires you to submit sales information via GCV, then this integration will automate that reporting for you.
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