Good afternoon, everybody.
Good afternoon, everyone. Welcome to the joint meeting of the Standing Committee on Industry, Science and Technology and the Standing Committee on Finance.
I am here with my co-chair, Mr. Rajotte, who is the chair of the House of Commons Standing Committee on Finance. My name is Michael Chong, and I am the chair of the Standing Committee on Industry, Science and Technology.
Pursuant to Standing Order 108(2), we are studying credit card interchange fees and the debit payment system in Canada.
Today I am pleased to welcome two representatives of UseMyBank Services, Mr. Brian Crozier, co-founder of UseMyBank Services, responsible for global business development; and Mr. Joseph Iuso, who is the chief executive officer and also a co-founder of UseMyBank Services.
We're also pleased to welcome, from Moneris Solutions, Mr. Jim Baumgartner, president and chief executive officer; and Ms. Fern Glowinsky, senior vice-president, general counsel, and corporate secretary.
From TD Merchant Services, we're also pleased to welcome Mr. Jeff van Duynhoven, who is the president of that company.
Welcome to all.
You now have a chance to provide some opening remarks. We'll begin with UseMyBank Services.