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First Global Data Ltd FGBDF

Technology Computer Systems
First Global Data Ltd is a Canada-based company. The Company is a financial services technology (FINTECH) company. The Company enables its strategic partners and clients around the world through its financial services technology platform. Its technology drives the convergence of compliant domestic and cross-border payments, shopping, peer to peer, business to consumer and business to business payments. The Company's two lines of business includes mobile payments and cross-border payments. The Company's FINTECH solutions include FirstGlobalMoney, Happytransfer, Vpayqwik and Payqwik.


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First Global Data Ltd
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Comment by stockwatch99on Apr 26, 2018 3:34pm
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Post# 27946341

RE:RE:RE:RE:RE:RE:FGD news

RE:RE:RE:RE:RE:RE:FGD newsI don't know where you got that definition from, better go close to the source of the OECD definition: https://oecdobserver.org/news/archivestory.php/aid/670/Transfer_pricing:_Keeping_it_at_arms_length.html Regarding the "where possible", in my opinion this relates to the fact that they cannot mitigate the revenue recognition issues in all cases with amendments to the license agreements but will likely need to accept lower revenue figures in their book (only in the books ... again, this has nothing to do with how much customers pay to FGD). The following phrase you find in the FGD News of 24 Apr 2018: "The entire process will require the Company additional time to work with both existing licensees as well as the new auditor ...". This means that there are only two (2) licensees involved. Now guess which two are the most likely ones.
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