MoneyGram agrees $50m partnership with Ripple
The strategic partnership will have an initial term of two years.
The strategic partnership will have an initial term of two years.
Will use Visa Direct, its real-time push payments platform.
Featuring lots of partnerships – with Ripple, MoneyGram, Worldpay, Iyzico, MSTS and Apruve.
Users of Moneymailme will have the option of using physical and virtual prepaid cards to make purchases with the funds in their e-wallets. The new feature, announced June 28 at the Money 20/20 Europe conference, is the result of a partnership between the London-based social money transfer provider Moneymailme and Prepaid Financial Services, a U.K.-based payments technology provider.
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Payments firm Euronet has proposed to buy money transfer operator MoneyGram International for $15.20 per share – in turn becoming a pest to Ant Financial’s acquisition plans. As Banking Technology reported in January, Alibaba’s affiliate Ant Financial planned to splash out $880 million for MoneyGram – its first acquisition of a US-listed company. Euronet says […]
Alibaba’s affiliate Ant Financial is splashing out $880 million for money transfer operator MoneyGram International. This is Ant Financial’s first acquisition of a US-listed company.
The value of international money transfers made via mobile phones will exceed $10bn for the first time this year, according to Juniper Research. However, the cost and complexity of regulating cash transfer has led many service providers to focus exclusively on airtime top ups, the research firm reported.
PayPal users can withdraw money from their accounts and pick up the funds via money transfer company MoneyGram, following a deal between the two US firms that also will see PayPal customers loading funds into their accounts via MoneyGram by the end of the year.
MoneyGram has forged a deal with European mobile telecom operator Lebara Mobile.
Delio will expand into Asia, the Middle East and North America dlvr.it/RBVLxD
The Japanese card issuer has partnered with EVO Payments dlvr.it/RBTvhF
Savedo will enable the collection of euro retail deposits from Switzerland dlvr.it/RBTqYB
The global alliance will boost Japan’s revenue from inbound Chinese tourists dlvr.it/RBTgw6
Bakkt is “cleared to launch” its trading in bitcoin futures next month dlvr.it/RBTcb2
Greater Bank hopes the new partnership will prepare it for the open banking era dlvr.it/RBTWJ0
The DSB will create the new part-time role of Chief Information Security Officer dlvr.it/RBTNJb
Transsion will provide equity-based investments of up to $100,000 dlvr.it/RBStmT
