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Bank of Canada Orders Payments Firm XTM to Stop as Millions Go Missing
Bloomberg
Published 5 days ago

Bank of Canada Orders Payments Firm XTM to Stop as Millions Go Missing

Bloomberg · Feb 17, 2026 · Collected from RSS

Summary

The Bank of Canada issued an order to temporarily stop financial technology company XTM Inc. from handling retail payments, alleging it failed to safeguard client funds and caused a “significant shortfall.”

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