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.
MoneyGram CEO Anthony Soohoo shares how expanding MoneyGram Ramps to Solana connects digital assets with real-world utility.
Wallets and apps built on Solana can now tap MoneyGram's global network to move between digital assets and local currencies. “Bringing MoneyGram Ramps to Solana is another step toward building a truly open, global payments network," said MoneyGram CEO Anthony Soohoo.
MoneyGram CEO Anthony Soohoo said the company's blockchain strategy is focused on modernizing cross-border payments, by using blockchain infrastructure to make remittances faster, cheaper and more transparent while keeping the technology invisible to customers.
The United States to India remittance corridor is one of the largest in the world by value. Families, students, and professionals in the US send billions of dollars to India every year for parents, property, tuition, everyday support, and important life moments.
You’re ready to send money to someone you care about when you notice a number on the screen labeled “exchange rate.” If you’ve never sent money internationally before, it can feel confusing fast. Is it part of the fee? Does it affect the transfer? Are you supposed to know what it means before you continue?
Bancolombia is Colombia’s largest bank, with millions of personal account holders across the country. Because so many Colombians bank with Bancolombia, it’s one of the most common destinations for money transfers from the US.
