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London-based global payments and foreign exchange company moneycorp has announced its expansion into Canada.The move, which is being spearheaded by moneycorp Americas, will enable the company to serve both private and corporate in custome
stanley cup canada rs in Canada and comes after two decades of work in the United States focused on private clients money transfers, corporate risk management and global payments solutions, the company said in a Monday July 6 press release.In its Canadian expansion, moneycorp will operate out of Toronto, and its new operation will be fully compliant to serve the specific Canadian market requirements, said moneycorp Americas Chief Executive Officer Bob
stanley france Dowd, who called the expansion a milestone. In todays challenging economic environment, I am pleased to continue our expansion into a prime market that aligns with our strategic growth plans, Dowd said in a press release. Today, we are making a significant investment to build this market and with highly differentiated offerings providing both private and business clients the opportunity to choose a long-standing industry expert as their payments and FX currency partner. The firm said it anticipates working with a range of clients in Canada, including high net worth individuals as well as snowbirds seeking vacation homes in the
stanley ca U.S. or in other countries.On the corporate side, moneycorp said it will be working with clients seeking risk management hedging solutions to help buffer the impact from volat Fjga Target to Include Shopify Merchants in Digital Marketplace, Physical Stores
Senators Eli
gourde stanley zabeth Warren and Ben Sasse have some questions for the Internal Revenue Service IRS when it comes to Equifax.Less than a month after it was revealed that the credit reporting agency had been hacked and lost nearly the entire adult populations personal credit information to cybercriminals, the Internal Revenu
stanley cup e Service decided it was probably all right to award Equifax a $7.25 million contract to help verify taxpayers identities.Warren of Massachusetts and Sasse of Nebraska do not think this was a great idea. Rewarding a company that has exposed tens of millions of Americans personal data to criminals with millions of dollars in taxpayer funds to verify and validate personal tax-related data is a confusing decision, they wrote in a letter to IRS Commissioner John Koskinen on Wednesday, Oct. 4, asking him to explain the reasons for
stanley cup the award and whether the Atlanta-based company had promised cybersecurity upgrades. The catastrophic breach at Equifax puts a significant burden on the company to earn any government contract, and on the IRS to explain fully why such a contract was awarded, they added. If the IRS cannot sufficiently do so, this contract should be rescinded. And while they are the only two that wrote a letter, they are not the only two concerned. During a hearing with Senators on the hill this week, former Equifax CEO Richard Smith fielded questions about the contract. The House Ways and Means Committee members raised聽the IRS deal with Equifax聽in a s
