MoneyGram has implemented Mastercard Move, a portfolio of money transfer solutions, to facilitate digital money movement domestically and across borders. With this integration, MoneyGram customers can use any U.S.-issued Mastercard card to send funds to 38 eligible receiving markets and receive money through nearly 10...
Financial industry executives believe that companies have little choice but to use artificial intelligence (AI) to navigate today’s increasingly complex regulatory environment and faster product development cycles. “In 2025, there is pretty much no compliance without AI, because compliance became exponentially harder,” said Alexander Statnikov,...
MoneyGram said Tuesday (Sept. 24) that it is working “around the clock” to bring its systems back online and resume normal business operations after finding a “cybersecurity issue.” “We continue to make progress in successfully restoring some of our key transactional systems,” the money transfer...
MoneyGram International has appointed former Driven Brands chief financial officer (CFO) Gary W. Ferrera as its CFO. Ferrera succeeds Larry Angelilli, who has retired after more than 12 years with MoneyGram, the company said in a Monday (June 10) press release. In his new role,...
October 25, 2022
The cost, time and experience upgrade that digital payments promise cross-border senders and receivers may be crystal clear to some, but it hasn’t happened yet. Even though there’s every reason to get it done with all speed, holdouts abound in parts of the world that still love to deal in cash. Diving into this complex […]
February 12, 2019
Restructuring efforts continue at MoneyGram, and — amid a tougher compliance environment — the company missed Wall Street expectations as sales declined. However, bright spots included a continued embrace of...
July 24, 2018
MoneyGram and Visa announced today (July 24) that they have partnered to deliver real-time digital disbursements to MoneyGram customers using Visa’s push payments platform, Visa Direct. Launching in October in...
January 05, 2018
A pretty good songster named Paul McCartney sang once that “in the end, the love you take is equal to the love you make.” To shift that a bit for...
April 17, 2025
Payments network MoneyGram says it has launched a partnership with Plaid. The collaboration, announced Thursday (April 17), lets MoneyGram customers in the U.S. use Plaid’s technology to help authenticate their bank accounts, allowing for faster and more secure funding for both domestic and cross-border payments. “The MoneyGram network moves money for over 50 million customers each year, across nearly every […]
April 02, 2025
MoneyGram has implemented Mastercard Move, a portfolio of money transfer solutions, to facilitate digital money movement domestically and across borders. With this integration, MoneyGram customers can use any U.S.-issued Mastercard...
September 24, 2024
MoneyGram said Tuesday (Sept. 24) that it is working “around the clock” to bring its systems back online and resume normal business operations after finding a “cybersecurity issue.” “We continue...
June 10, 2024
MoneyGram International has appointed former Driven Brands chief financial officer (CFO) Gary W. Ferrera as its CFO. Ferrera succeeds Larry Angelilli, who has retired after more than 12 years with...
