MoneyGram and Plaid, the data network powering the fintech tools millions of people rely on to lead a healthier financial life, announced the expansion of their pay-by-bank partnership to Europe. Following its successful U.S. launch, the integration enables MoneyGram customers in Europe to easily connect and authenticate their bank accounts through Plaid's trusted open banking technology, providing a new seamless and secure option to fund international payments across key European markets.
MoneyGram announced its next-generation mobile app, introducing a digital, USD-backed stored value account designed to work seamlessly with both traditional fiat currencies and stablecoins. Consumers who were once constrained by fragmented systems and local currencies will now be empowered to leverage stablecoins to access a fast and modern way to move and hold money across borders.
MoneyGram announced the appointment of three new independent members to its Board of Directors: Colin Walsh, founder of Varo Bank; Chris Trendler, founding partner of Pendra Group; and Katherine Carroll, former executive at Stripe.
MoneyGram has launched its first stablecoin-backed Visa card, developed with Rain and initially available in Colombia.
MoneyGram's Justine Van Buren on MGUSD on Stellar, validating on Solana and why nearly 500,000 cash locations matter more as money moves onchain.
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If someone is picking up a MoneyGram transfer in cash, they’ll need two things: the reference number from the sender and an accepted government-issued photo ID. The name on the transfer also needs to match the name on the ID they bring. So if you’re wondering what ID you need to pick up a money transfer, it’s worth checking before anyone heads to a location. Accepted documents can vary by country, and a name mismatch can prevent the money from being collected.
