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.
A remittance is money sent from one person to another, usually across borders, to support family, friends, or a household back home. It typically moves from a sender in one country to a receiver in another through a bank, a money transfer provider, or an agent. Here is how the process works and what to expect.
Helping with school costs from abroad takes planning. Learn what education expenses to expect and how to send support to family reliably and on time.
If you’ve ever looked at the amount on your screen before tapping “Send” and wondered, Is this enough?, you’re not alone. It’s a question many people ask, whether they’re helping family every month or sending support only when it’s needed.
