As their strategic partnership has brought successful results in the U.S. market, MoneyGram and Plaid now move on to European countries with their joint open banking offering.
CompoSecure, a payment card and security solutions provider, has announced the integration of its Arculus Cold Storage Wallet with MoneyGram Access.
MoneyGram has implemented Mastercard Move, a portfolio of functional money transfer solutions designed to facilitate the movement of digital money domestically and abroad.
The payment industry is eagerly embracing artificial intelligence (AI) technology, implementing its unique capabilities into almost every aspect of external and internal processes to boost efficiency. Yet, some of the fintech players are more reluctant to introduce AI than others. In particular, the lack of interest and adoption is striking with remittance companies.
MoneyGram has postponed the date of its planned sale.
Bahrain plans to join the unified system of payments and settlements of the Persian Gulf countries.
The US Federal government has repaired the damage of almost 40 thousand victims of fraudulent schemes processed by MoneyGram.
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