Ottawa probes payment company Moneris

On February 22, 2011, in Card Associations, by True North Payments

Moneris Solutions, the country’s largest payment processor, is being investigated by the Financial Consumer Agency of Canada over a possible violation of Ottawa’s new code of conduct for the payments industry. Finance Minister Jim Flaherty has instructed the FCAC to expedite its probe and is again raising the prospect that he will bring down tougher, [...]

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