Tagged: moneygram

May 12, 2021 @ 11:35 am By Samantha Hurst  |  

  Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Wednesday it has teamed up with cryptocurrency cash exchange Coinme to expand access to bitcoin. According to Moneygram, the partnership will enable the cash funding and payout of digital currency purchases, as well as sales…. Read More

April 15, 2021 @ 9:48 am By Samantha Hurst  |  

    Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Thursday its MoneyGram Online (MGO) service recorded an all-time high in cross-border transactions, as well as 131% growth in year-over-year cross-border transactions for March 2021. MoneyGram reported that this milestone marks the fifteenth consecutive… Read More

March 24, 2021 @ 11:20 pm By Omar Faridi  |  

Dr. Saeeda Jaffar, Board Member, Managing Director and Head of Middle East at Alvarez & Marsal, notes that research performed by Checkout.com at the end of last year suggested that digital commerce and the digital payment sectors in the Middle East region were “set for… Read More

March 24, 2021 @ 12:33 pm By Samantha Hurst  |  

  Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Wednesday the launch of “MoneyGram as a Service,” which is a new business line that enables other companies to access MoneyGram’s network through its API-driven infrastructure and technology. According to MoneyGram, enterprise customers may now… Read More

March 12, 2021 @ 10:29 pm By Samantha Hurst  |  

  Digital money transfer service MoneyGram (NASDAQ: MGI) recently announced a five-year extension to its partnership with Ooredoo Qatar, a telecommunications operator based in Qatar. MoneyGram reported that the renewal enables its customers to continue to send money in near real-time to family and friends… Read More

February 24, 2021 @ 8:10 am By Omar Faridi  |  

MoneyGram International, Inc. (NASDAQ: MGI), a major cross-border P2P payments and money transfers service, has confirmed that it will no longer be using American Fintech Ripple Labs’ XRP-powered liquidity product. MoneyGram stated that it decided to stop using the technology due to the “uncertainty” surrounding… Read More

February 17, 2021 @ 10:41 pm By Omar Faridi  |  

Blockchain startup Lightnet has teamed up with MoneyGram, a leading provider of cross-border peer to peer payments and money transfer services. MoneyGram will be integrating Lightnet’s technology with its fund transfer services so that customers can access a wide range of payout services across the… Read More

January 24, 2021 @ 9:45 pm By Samantha Hurst  |  

Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Friday it has expanded real-time digital P2P payments with Visa directly through its new collaboration with Checkout.com. MoneyGram reported that its customers may now use its website or leading mobile app to send money in near… Read More

August 26, 2020 @ 10:16 am By Samantha Hurst  |  

Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Wednesday it has formed a partnership with global payments network Thunes to enable customers to send money directly to mobile wallets and bank accounts globally through its platform. According to MoneyGram, the collaboration will see additional… Read More

August 24, 2020 @ 1:01 pm By Samantha Hurst  |  

Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Monday it has formed four mobile wallet and fintech partnerships that will give MoneyGram access to mobile wallets in nearly 30 markets in Africa. The partnerships are with the following: Airtel, A provider of telecommunication and… Read More

June 23, 2020 @ 2:25 pm By Samantha Hurst  |  

Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Tuesday it has formed a partnership with Korean fintech, Global Money Express (GME). According to MoneyGram, the partnership enables GME customers to connect to the MoneyGram platform and distribution network in more than 200 countries and… Read More

June 12, 2020 @ 7:51 am By Samantha Hurst  |  

Digital money transfer service MoneyGram (NASDAQ: MGI) reported on Thursday 100% year-over-year digital transaction growth in May, which is considered a significant acceleration from the first quarter of 2020 where the company reported 57% growth.  Overall digital growth in May was driven by the following… Read More

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