MoneyGram Takes Over Nexxo
Money transfer firm MoneyGram has acquired the assets of Nexxo Financial, a financial services outfit. Terms of the purchase were not announced. MoneyGram said that it will use “Nexxo’s technology to...
View ArticleMoneyGram Inks Payments Deal with Grocery Chain
West Coast grocery store chain Haggen has sent itself a MoneyGram. It was announced yesterday (April 9) that the money transfer and payment services company MoneyGram has entered into an agreement with...
View ArticleMoneyGram Still Not Recovered From Walmart Loss
Based on MoneyGram’s first quarter earnings, it appears the money transfer service hasn’t quite recovered from the sting from the Walmart loss that came as a result of Walmart starting its own money...
View ArticleWestern Union May Acquire MoneyGram
Update (May 6): Western Union responded to Bloomberg’s report that suggested the company may be buying MoneyGram. Western Union reported that it is not in talks to acquire the money transfer service....
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MoneyGram Confirms CEO Succession Plan
MoneyGram, a global money transfer and payment services company, announced late last week (July 31) that it has appointed its new CEO to take over starting Jan. 1, 2016. The company’s current CFO, COO...
View ArticleWill 2016 Be The Year Of Money Transfer Consolidation?
The money transfer industry is ripe and ready for consolidation. The money transfer industry is ripe and ready for consolidation.Click To Tweet That’s the sentiment conveyed by the head of one of the...
View ArticleCourt Rules On Anti-Money Laundering Accountability
A court ruling has found that compliance officers, among other executives, can be held responsible for anti-money laundering controls or lack thereof, as dictated by the Banking Secrecy Act. A court...
View ArticleMoneyGram Surges On Walmart Extension
Shares of MoneyGram jumped more than 16 percent on Monday (Feb. 1), boosted by the news that the company extended its pact with Walmart for another three years, which would bring the length of the...
View ArticleBringing Cash Payouts To Freelancers, Globally
Technology has done much to help level the playing field for businesses, both large and small, across borders, currencies and time zones. The paper check may be sticky beyond belief, but the tide...
View ArticleBusting The MoneyGram Myths
It may seem like ages ago, but back in 2009 the iPhone, along with other fast-moving technologies, was taking the world by storm and changing various industries in its wake. That same year, MoneyGram...
View ArticleLive Discussion with Alex Holmes, CEO, MoneyGram International
PYMNTS will kick off its new series “Topic TBD” with special guest Alex Holmes, CEO, MoneyGram International on Friday, August 19, 2016 at 12:00 PM (EST). This 15 minute live fireside chat will be...
View ArticleBridging The Great Payments Digital/Physical Divide
http://www.pymnts.com/wp-content/uploads/2016/08/Topic-TBD-Series-Live-Discussion-with-Alex-Holmes-CEO-MoneyGram-International-2.mp3 Payments have not crossed the digital Rubicon just yet. And with...
View ArticleWalmart And MoneyGram Join Forces For Online Money Transfer
The world’s largest retailer has paired up with MoneyGram to take on online funds transfers. MoneyGram and Walmart are collaborating on a “state-of-the-art” online money transfer platform that both...
View ArticleMoneyGram CEO Talks MobilePass
“One and done?” Or “sure to be more?” Payments firms want the latter, to move beyond fleeting relationships with customers, and the same is true within the money transfer arena. The process of sending...
View ArticleIngo Money And MoneyGram Deliver Instant P2P Payments
Ingo Money, a player in real-time push payments technology, and MoneyGram, a global provider of money transfer and payment services, announced Monday (Oct. 17) an agreement to offer consumers a new...
View ArticleMoneyGram Kameleon Now Available To US Companies
MoneyGram announced Friday (Oct. 21) MoneyGram Kameleon, a turnkey product that offers a customized website for agents looking to offer a money transfer and payment experience, is now available to all...
View ArticleWalmart Lowers The Cost Of Transferring Money
Walmart Stores, along with Ria Money Transfer and MoneyGram International, announced Wednesday (Oct. 26) it is making the necessity of transferring money even more affordable for customers. In a press...
View ArticleMoneyGram Digital Revenues Post Double-Digit Growth
MoneyGram, the money transfer company, showed results Friday (Oct. 28) that topped net income expectations on The Street, as the traditional money sending business showed growth and online initiatives...
View ArticleEarnings Season Grinds On For Payments Firms
Is it any surprise that earnings season continued (and still continues) to dominate the movements of payments stocks? If there were a motto for the past week, it would be “live by the earnings beat,...
View ArticleMoneyGram On FinTech’s Future: Interoperable And Digital
“It is quite amazing really how misunderstood the money transfer industry is,” MoneyGram CEO Alex Holmes told Karen Webster in a recent conversation. Sending money from one person to another is...
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