MoneyGram Shares Slammed On Revenue Slide Amid Compliance Efforts
MoneyGram shares sank as much as 25 percent during intraday trading on Friday (November 9), as the company reported results that reflected the impact of new compliance rules to stop fraudulent...
View ArticleData Dive, Three S’s Edition: Singles Day, Swift And Settlements
With 49 days left in the year, there are 42 shopping days left until Christmas, and the official sprint to the end is upon us. Some might call that scary. But lest we rush by a bit too quickly, we...
View ArticleMoneyGram, Kroger Pair On Bill Pay
MoneyGram, a global money transfer and payment company, has announced a partnership with the Kroger family of stores, according to the company. MoneyGram bill pay will be available at more than 1,900...
View ArticleMoneyGram Works To Restructure Debt; Could Seek Buyer
MoneyGram International is looking at alternatives for the payments company including a sale, reported Reuters. Reuters, citing people familiar with the matter, reported MoneyGram is being prompted by...
View ArticleMoneyGram CEO: 2019 Is The ‘Year Of The Consumer’
MoneyGram largely missed Wall Street estimates — at least in terms of headline numbers, amid results that showed continued headwinds of compliance efforts. Management had pointed to such impact in its...
View ArticleMoneyGram, Western Union Sued Over Downed Passenger Plane
Four financial institutions are being sued over suspected ties to terrorists who shot down Malaysia Airlines Flight MH17 in 2014, according to The Wall Street Journal. Two prominent money transfer...
View ArticleMoneyGram’s Q1 Slide Overshadows Digital Growth
MoneyGram shares were pummeled in intraday trading on the heels of reporting results that lagged expectations and showed the lingering impact of an ongoing restructuring plan aimed at improving...
View ArticleVisa-Western Union Deal And Alexa’s Roommate Potential Top The Week’s News
Yes, the weekend has arrived! We don’t know about you, but it was a busy week for PYMNTS, given all the news coming from the worlds of payments and commerce. Review our coverage, including stories...
View ArticleMoneyGram Partners With Canada Post For Digital Money Transfers
MoneyGram and Canada Post have teamed up for a digital money transfer service that allows users to complete transactions at select Canada Post locations all over the country, according to a release....
View ArticleCross-Border Efforts Ripple (Literally) Through Cryptos And Payments
Facebook’s cryptocurrency initiative grabbed its share of attention this past week, of course. The business model of offering the digital wallet Calibra to back Libra, and tie it all to real assets...
View ArticleLibra, MoneyGram-Ripple Deal And Fraud Prevention Top Week’s News
Summer is officially here, and with it, the first official weekend of summer — YES!! Payments and commerce, though, never take a break. In the latest edition of the PYMNTS weekender, coverage includes...
View ArticleCross-Border Payments And China In Focus
Cross-border payments may be getting more scrutiny in the wake of news that Ripple and MoneyGram plan to use XRP and xRapid to move money via strategic partnership. Other initiatives seen in the past...
View ArticleRipple Talks MoneyGram X-Border Payments Deal
June was a busy month for cross-border payments — done across currencies and time zones, between consumers and corporates. Going by a simple perusal of headlines, cross-border was, has been and will be...
View ArticleRipple, Libra Implications And Uber Eats Dominate The Week’s News
We hope you had a great holiday, and that you didn’t miss any important news this week from the world of payments and commerce. As always, the PYMNTS Weekender has you covered. Stories this week...
View ArticleMoneyGram Teams With Sentbe On Cross-Border Payments
MoneyGram and Korean money transfer company Sentbe have signed a partnership to make Sentbe the first MoneyGram virtual agent in South Korea, according to a release. Sentbe has done billions of local...
View ArticleMoneyGram Places Big Cross Border Bet On Ripple
MoneyGram International posted results that missed top-line expectations, but beat at the bottom as restructuring efforts continued amid weakness within the company’s domestic money transfer business...
View ArticleMoneyGram And Vietnam’s HD Bank Team On Home Delivery
Global payments company MoneyGram announced a new partnership with HD Bank in Vietnam to provide a home delivery service, MoneyGram said in a press release on Thursday (Aug. 29). MoneyGram already has...
View ArticleVisa Powers MoneyGram Push-To-Card P2P
MoneyGram and Visa Direct have formed a strategic partnership to roll out a new debit card deposit service, the companies announced in a Sept. 9 press release. The person-to-person (P2P) money transfer...
View ArticleVisa And MoneyGram P2P, Along With Jack Ma, Top Week’s News
It was a very busy week for payments and commerce, and the new edition of the PYMNTS Weekender reflects that fact. We have news about new P2P and B2B payments efforts, new research into SWIFT and QSR...
View ArticleMoneyGram Expands Loyalty Program In Europe
Money transfer company MoneyGram announced that it is expanding its loyalty program to customers in France, Italy, Germany and Spain. “We have seen a positive response and strong adoption rates from...
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