MoneyGram announced that its Board of Directors has appointed Anthony Soohoo, an experienced technology executive with deep expertise leading digital transformations that enhance growth strategies, to the role of Chief Executive Officer. Soohoo will be responsible for executing the Company's focused digital innovation strategy, while strengthening and expanding MoneyGram's leading global partner network.
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.
