MoneyGram announced the appointment of Marc Winniford as Chief Financial Officer. In this role, Winniford will oversee all aspects of finance, accounting, tax and treasury, and play a central role in advancing the company's ongoing finance transformation as part of MoneyGram's broader re-founding journey.
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.
At the Money20/20 Europe conference in Amsterdam, MoneyGram CEO Anthony Soohoo speaks to CNN as it launches its new native stablecoin, pegged to the US dollar.
MoneyGram’s newly launched MGUSD stablecoin is designed to give underbanked consumers access to a stable dollar-denominated balance inside the payment network's app, CEO Anthony Soohoo on Thursday said, positioning the product as a consumer financial-services tool rather than another crypto trading asset.
Cross-border payments such as remittances have long been seen as a potential use case for stablecoins. MoneyGram launches its own stablecoin to complement its other work in digital assets.
The photos usually arrive while you're asleep. By the time you wake up, the birthday cake has already been cut. Candles have been blown out. Someone posted a family photo in the group chat, and you're scrolling through pictures of a celebration you wish you could have been part of.
A guarantor is a person who agrees to take responsibility for a payment if someone else cannot make it. Guarantors are common for rental leases, loans, and some accounts, especially for people who are new to a country or building a financial history. Here is what a guarantor does and what it means to be one.
Some family traditions happen without anyone planning them. A Sunday evening phone call. A group chat that comes alive every Friday. Your mom sending photos of dinner before anyone takes the first bite. Your dad texting the weather back home because he knows you'll ask anyway.
