Currency Exchange International, Corp. and Exchange Bank of Canada Announce Interim Chief Financial Officer Changes
September 01, 2021 at 05:00 pm EDT
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Currency Exchange International, Corp. announced that effective immediately Alan Stratton, CPA, CA, has been appointed as Interim Chief Financial Officer of the Company and Interim Chief Financial Officer of Exchange Bank of Canada, the Company’s wholly-owned Canadian subsidiary operating as a Canadian Schedule 1 bank. Mr. Stratton has served as the Vice-President, Finance of Exchange Bank of Canada since January 2020 where he
has been responsible for financial reporting, taxation, capital management and regulatory compliance matters. Mr. Stratton has previous experience as Chief Financial Officer of a public company, including all aspects of
financial reporting, equity and debt financings, and investor relations. CXI recognizes Stephen Fitzpatrick for his period of service as CFO at the Company and Exchange Bank of Canada. Mr. Fitzpatrick has decided to step down for personal reasons.
Currency Exchange International, Corp. is a foreign exchange technology and service provider. It provides a range of foreign exchange services to clients in the United States and through its subsidiary, Exchange Bank of Canada, in Canada. The Company provides comprehensive foreign exchange services, risk management solutions, and integrated international payments processing technology in North America. Its technology platform, CXIFX, delivers foreign currency services, such as foreign banknote exchange, foreign and US travelers' cheques, foreign and US travelers' cheques, foreign draft issuance, global EFTs and international wire payments. Its foreign bank note exchange services, which enable customers to buy and sell more than 80 foreign currencies from around the world, remove teller errors with its automated transaction process and updated banknote verification images and others. It serves various industries, including travel, technology, payroll, healthcare and nonprofit.
CURRENCY EXCHANGE INTERNATIONAL, CORP. 
