Beacon Provides Critical Financial Services for Immigrants
Bank Of Montreal (BMO)
Last bank of montreal earnings: 2/25 06:00 am
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Source: Business Wire
TORONTO--(BUSINESS WIRE)--Beacon, a company reinventing financial services for immigrants to Canada, is utilizing Bank of Montreal’s (TSX: BMO) banking services, to deliver seamless cross-border money transfer solutions for immigrants worldwide.As a new Money Services Business (MSB), this milestone underscores Beacon’s commitment to both innovation and compliance excellence. As a leader in innovative financial solutions, Beacon will leverage its new corporate accounts with BMO to advance its mission of simplifying financial transitions for immigrants to Canada with the peace of mind that secure systems are established to safeguard their hard-earned funds.“Beacon’s mission is to reinvent financial services for immigrants to Canada. A key component of fulfilling our mission is empowering our users to seamlessly move money in and out of Canada — quickly, affordably, and in full compliance with world-class risk and compliance standards,” said Stuart Szabo, CEO and co-founder of Beacon
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