Tagged: moneygram

June 4, 2020 @ 4:28 pm By Samantha Hurst  |  

Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Thursday it has formed a new partnership with Saudi Arabia-based Al Rajhi Bank. MoneyGram revealed it joined forces with Al Rajhi Bank to provide money transfer services in Saudi Arabia and covers both digital as well… Read More

June 2, 2020 @ 3:54 pm By Samantha Hurst  |  

Western Union (NYSE: WU) is reportedly seeking to acquire digital money transfer service MoneyGram (NASDAQ: MGI). The acquisition rumors come just a little over a month after Western Union announced the continued expansion of its Global Network for real-time money-movement and payments. MoneyGram describes itself… Read More

May 29, 2020 @ 3:05 pm By Omar Faridi  |  

XRP liquidity via the Mexican and Australian corridor recently reached another all-time high. The digital asset’s European corridor liquidity has also increased significantly. San Francisco-based Fintech firm Ripple’s on-demand-liquidity (ODL) solution has experienced an considerable increase in overall usage and adoption this year. The company’s… Read More

May 19, 2020 @ 12:48 pm By Samantha Hurst  |  

Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Tuesday it has formed a new partnership with E9Pay, a money transfer and payment fintech company based in Korea. According to MoneyGram,  the partnership enables E9Pay customers to connect to the MoneyGram platform and distribution network… Read More

May 14, 2020 @ 9:28 pm By JD Alois  |  

MoneyGram Payment Systems, Inc., a subsidiary of MoneyGram International, Inc. (NASDAQ: MGI), has entered into a partnership with the Federal Bank Limited – a private bank in India. MoneyGram is a global payments and transfer Fintech. The collaboration will see MoneyGram services made available for… Read More

May 4, 2020 @ 7:43 pm By Omar Faridi  |  

Alexander Holmes, chairman and CEO at giant money transfer service MoneyGram (NASDAQ:MGI), says it was a “quiet quarter” for the company when it comes to developments related to its partnership with American Fintech firm, Ripple. Holmes, whose comments came during an earnings call for Q1… Read More

February 26, 2020 @ 10:35 am By Omar Faridi  |  

Giant money transfer service MoneyGram reportedly received a total of $11.3 million from San Francisco-based Fintech firm Ripple during the third and fourth quarters of last year. As mentioned in the recently released US Securities and Exchange (SEC) filings, the funds received by MoneyGram may… Read More

February 17, 2020 @ 11:31 am By Omar Faridi  |  

Global money transfer service provider MoneyGram has introduced a new service that lets users send payments in real-time, however, the new platform notably doesn’t involve the company’s business partner Ripple (which acquired $30 million in MoneyGram shares at a high premium last year). MoneyGram’s management… Read More

February 12, 2020 @ 8:10 am By Samantha Hurst  |  

Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Wednesday the launch of its new service,  MoneyGram FastSend, which allows consumers to send money to a mobile phone number through the MoneyGram website and mobile app.  According to MoneyGram, MoneyGram FastSend is supported by the… Read More

January 24, 2020 @ 11:02 am By Omar Faridi  |  

MoneyGram International, Inc. (NASDAQ: MGI), a leading international peer-to-peer (P2P) payments and money transfer service provider, revealed on January 23 that it has teamed up with the Suez Canal Bank, an established financial institution that will allow MoneyGram clients to send funds directly to the… Read More

January 21, 2020 @ 12:56 pm By Samantha Hurst  |  

Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Tuesday it has formed a new partnership with LuLu Money, a non-banking finance group that specializes primarily in foreign exchange and global money transfers.  MoneyGram reported that through the partnership LuLu Money will utilize the MoneyGram… Read More

January 13, 2020 @ 2:41 pm By Samantha Hurst  |  

Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Monday it has formed a new partnership with  EbixCash, an international supplier of on-demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, to bring enhanced services to millions of consumers across India…. Read More

December 18, 2019 @ 11:43 am By Samantha Hurst  |  

Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Wednesday it has teamed up with fintech Brightwell to enable cruise line crew members to digital send their money home using MoneyGram within the Brightwell app. The duo revealed: “The MoneyGram-Brightwell partnership gives crew members an… Read More

December 1, 2019 @ 8:44 pm By JD Alois  |  

MoneyGram (NASDAQ: MGI) has completed an investment by Ripple. According to an 8K filed with the Securities and Exchange Commission, Ripple has agreed to purchase up to $50 million of common stock and ten-year warrants to purchase Common Stock. On November 22, 2019, an “Additional… Read More

October 14, 2019 @ 2:06 pm By Samantha Hurst  |  

Metropolitan Bank Holding Corp. (NYSE: MCB), the holding company for Metropolitan Commercial Bank, recently announced it has formed a partnership with global provider of money transfer services MoneyGram (NASDAQ: MGI) to launch a new debit card deposit service designed to simplify deposit, withdrawal and exchange… Read More

September 9, 2019 @ 3:53 pm By Samantha Hurst  |  

Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Monday it has teamed up with Visa to launch a new debit card service. MoneyGram reported that the money transfer option will allow customers in the U.S. to send money domestically through its mobile app or… Read More

July 19, 2019 @ 1:28 pm By Samantha Hurst  |  

Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Friday it has formed a new partnership with Korean remittance startup, Sentbe. MoneyGram reported the collaboration between it and Sentbe aligns with MoneyGram’s goal of providing consumers with an expanded range of digital money transfer options…. Read More

June 18, 2019 @ 3:06 pm By Samantha Hurst  |  

Ripple, a provider of enterprise blockchain solutions for payments, announced it has formed a new strategic partnership with money transfer service, MoneyGram. Ripple has also taken a $50 million stake in MoneyGram in a push to deploy XRP. Ripple reported that through the new collaboration,… Read More

April 14, 2019 @ 9:21 pm By Samantha Hurst  |  

Digital money transfer service MoneyGram (NASDAQ: MGI) announced last week it has teamed up with fintech KyckGlobal to better serve the large and growing population of gig economy workers in the U.S. by offering cash payments receivables for their work. While sharing details about the… Read More

August 30, 2018 @ 10:33 am By Samantha Hurst  |  

Just a little over a month after announcing it was extended its digital money transfer services in five new countries, MoneyGram (NASDAQ: MGI) announced it has joined forces with GCash to launch a new money transfer service to more than 10 million GCash mobile wallets in the… Read More