Moneygram International - News, Articles & Research

Company announcement/payments

MoneyGram strengthens Indian position with EbixCash partnership

EbixCash, a wholly-owned subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services, together with MoneyGram International, Inc. (NASDAQ: MGI), a global provider of innovative money transfer services, announced a strategic partnership to bring enhanced services to millions of consumers across India.

13 January 2020

Company announcement/payments

MoneyGram expands cross border P2P service with Visa Direct

MoneyGram International, Inc. (NASDAQ: MGI), a global provider of innovative money transfer services, today announced the expansion of its debit card deposit service internationally which it launched in collaboration with Visa through Visa's real-time1 push payments platform, Visa Direct.

05 December 2019

Company announcement/payments

Ripple makes final $20 million investment in MoneyGram

MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer services, today announced that Ripple, a provider of leading enterprise blockchain solutions for global payments, has made the final $20 million investment in MoneyGram equity pursuant to Ripple's original $50 million equity investment commitment made earlier this year.

26 November 2019

Company announcement

MoneyGram and Wing to launch new mobile wallet in Cambodia

MoneyGram International, Inc. (NASDAQ: MGI), one of the world's largest money transfer companies, announced today that it is partnering with Wing (Cambodia) Limited Specialised Bank, Cambodia's leading mobile banking service provider, to offer a new service that will allow customers to receive funds directly into their mobile wallets.

15 November 2019

Company announcement/payments

MoneyGram and Walmart extend partnership

MoneyGram International, Inc. (NASDAQ: MGI), a global provider of innovative money transfer services, previously announced it has extended its agreement with Walmart to continue to provide MoneyGram-branded money transfer, 'powered by' white-label Walmart2World money transfer, bill payment and money order services into 2021.

05 November 2019

Company announcement

MoneyGram partners Visa for debit card deposit service

MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer services, today announced the launch of a new debit card deposit service in partnership with Visa via Visa Direct, Visa's real-time1 push payments platform, which enables payments to over a billion cards worldwide.

09 September 2019

Company announcement/payments

Moneygram and Canada Post in flat-fee pricing partnership

MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer and payment services, and Canada Post, a trusted partner for over 15 years, have introduced flat fee pricing for money transfers.

25 June 2019

News

Ripple buys stake in MoneyGram

Ripple has agreed to invest up to $50 million in MoneyGram as part of a two-year partnership that will see the old-school money transfer player tap the blockchain startup's XRP digital currency for cross-border payment and foreign exchange settlement.

19 June 2019

News

MoneyGram pays $125 million to settle global fraud allegations

MoneyGram has agreed to pay $125 million to settle allegations that it failed to crack down on fraudulent money transfer agents, violating the conditions laid down by a Federal Trade Commission order in 2009.

09 November 2018

Company announcement

Zeepay and Moneygram team up for African mobile wallet play

MoneyGram a global provider of money transfer services, teamed up with Zeepay, a leading African FINTECH Giant, to allow customers to send money directly to all mobile wallets in Ghana in minutes.

24 September 2018

Company announcement

Moneygram taps Visa push payments platform for cross-border remittances

Visa (NYSE:V) and MoneyGram today announced a strategic agreement that will modernize and digitize the process of sending and receiving money overseas.

24 July 2018

News

Alipay takes on MoneyGram with blockchain-based remittances

Having failed to buy MoneyGram, Ant Financial is looking to pound it into the ground with the launch of a home-grown blockchain-based cross-border remittance service.

25 June 2018