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.
It usually happens when you least expect it. You're walking through the grocery store when you spot a snack you grew up eating. Someone passes by speaking your native language, and for a second, it feels like you're back home. A familiar song comes on during your commute, or you catch yourself checking the time. Then you picture your family sitting down for dinner thousands of miles away.
A SWIFT code and an IBAN both help move money across borders, but they do different jobs. A SWIFT code identifies the bank, while an IBAN identifies the specific account at that bank. Many international transfers use both. Here is how each one works and when you need them.
Every family has a meal that tells a story. Ask someone about the food they miss most, and chances are they'll tell you a story before they tell you a recipe. They'll remember who cooked it, who gathered around the table, and what the house smelled like long before they remember the ingredients.
