Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Canada's central bank ordered XTM Inc. to halt payment operations over serious mismanagement of customer funds.
The Bank of Canada has ordered XTM Inc. to stop all payment activities due to serious concerns over its handling of customer funds, citing a significant shortfall in money entrusted through its Everyday platform.
The company, which managed tip distributions to restaurant staff via prepaid cards, is now barred from withdrawing funds or representing itself as a payment provider.
The central bank said continuing operations poses a serious risk to consumers and emphasized its authority to protect the public interest in payment systems.
5 Articles
El banco central de Canadá ordenó a XTM Inc. detener las operaciones de pago por una mala gestión de los fondos de los clientes.