June 02, 2022
MoneyGram Teams With Mobily Pay to Help Saudi Arabia Mobile...
MoneyGram International on Thursday (June 2) announced a partnership with Saudi Arabia-based mobile wallet Mobily Pay that will bring MoneyGram’s international money transfer capabilities to Mobily Pay, giving users the...
May 29, 2022
MoneyGram to Launch Blockchain Partnership for Stablecoin-to-Fiat Remittances
MoneyGram thinks there could be a future in crypto, Bloomberg reports, as it prepares to roll out a service for users to convert stablecoins to hard currency. The report notes...
May 20, 2022
BIS: Cross-Border Crypto Payments Need New Regulatory Framework
It’s been widely acknowledged that blockchain can dramatically cut the cost, speed and complexity of cross-border payments. But the monumental task of regulating that market has proven an obstacle on...
May 03, 2022
News of Bitcoin ATMs’ Decline Greatly Exaggerated
If you read the crypto press, you’ll find story after story this week about how the number of new bitcoin ATMs crashed this year, with just one-sixth as many installed...
May 02, 2022
MoneyGram COO Hilary Jackson Stepping Down
MoneyGram has announced the departure of Chief Operating Officer Hilary Jackson, who is set to leave the position Monday (May 2). According to a Securities and Exchange Commission filing, Jackson’s...
April 22, 2022
MoneyGram Gets Ready to Fight ‘Meritless Lawsuit’
Global money transfer company MoneyGram is getting ready to fight a civil lawsuit filed by the director of the Consumer Financial Protection Bureau (CFPB) and the New York Attorney General...
April 21, 2022
CFPB and New York AG Sue MoneyGram
The federal Consumer Financial Protection Bureau (CFPB) and New York’s attorney general filed a federal lawsuit against MoneyGram International, Inc. and MoneyGram Payment Systems, Inc., alleging the companies failed to...
April 19, 2022
Thunes Snaps up Majority Stake in Compliance Firm Tookitaki
Global payments firm Thunes is acquiring a $20 million majority stake in the anti-money laundering (AML) and compliance platform Tookitaki to drive international growth for both businesses, according to a...
March 16, 2022
MoneyGram to Pay $8.25M Fine in NYDFS Settlement
MoneyGram announced Wednesday (March 16) that it has reached a final agreement to settle a legacy enforcement matter with the New York Department of Financial Services, a company release said,...