Tag Archives: alex holmes

The new MoneyGram non-custodial wallet will provide a more flexible way for users to handle funds and make transactions cheaper. International peer-to-peer payments and money transfer giant MoneyGram International has announced its intention to launch a non-custodial wallet to bridge crypto and fiat. According to MoneyGram, users will be able to exchange funds between fiat currency and the USDC stablecoin. The MoneyGram wallet confirms the payment company’s interest in crypto. According to...

MoneyGram is one of the major partners of Ripple. And it received good investments from it. In the last half-year, it got a sum of another $11 million.It appears that in the last 6 months Ripple provides to MoneyGram an additional $11 million in investments. These indications were reportedly noticed in recent filings with the U.S. SEC by MoneyGram. Last year Q3 and Q4 reports indicate remittances to MoneyGram by Ripple Labs Inc. The sums were broken down into $2.4 million in Q3 and $8.9...

MoneyGram International Inc, which is one of the major Ripple’s partners, has revealed that it had a bad fourth quarter of 2019, especially if compared to results in Q4 2018. The stock is in red.MoneyGram International Inc (NASDAQ: MGI) stock is trading at around $2.38 at the moment of writing which indicated that the stock has lost over 7% since the last closing. Ripple and MoneyGram International Inc are making significant moves to keep the service on the top of the remittance market. The...

Ripple-backed MoneyGram has announced that the new service called FastSend, that was created to allow customers to send money directly to the phone numbers of recipients, will be based on Visa and not on RippleNet or XRP.International remittance giant company MoneyGram has recently announced its new FastSend service in order to facilitate the transfer of money to the recipient’s phone numbers. The service will be powered by Visa and not by the pre-existing partnership with Ripple that offers...

Ripple-backed MoneyGram launched a new service called FastSend to help customers to send money directly to the phone numbers of recipients. Meanwhile, Ripple has entered into a partnership with the National Bank of Egypt.In its bid to digitalize the entire financial ecosystem, leading P2P cross border Ripple-backed payment platform MoneyGram has announced today the launch of MoneyGram FastSend. It is a new service that is geared towards sending money to a recipient’s phone number through the...

Multinational payment remittance platform MoneyGram has announced a partnership with the EbixCash network, to expand Moneygram’s presence in India. The partnership was announced in an official MoneyGram news release published on Monday, Jan. 13.The press release states that EbixCash is a wholly-owned subsidiary of Ebix, Inc. The latter is an international supplier of application software products, based in Atlanta, Georgia. Starting immediately, EbixCash will be exclusively responsible for...

Alexander Holmes, CEO of MoneyGram, the main money transfer organization, as of late talked about his joint effort with Ripple, much the same as Brad Garlinghouse, CEO of Ripple, anticipates that the world’s biggest banks should adopt digital forms of money in 2020.It is accepted that 2020 will be the year when digital forms of money proceed to wider growth, and not every person can endure.In the recent interview, Holmes said that their joint effort with Ripple could change the payment...

Ripple kauft MoneyGram-Aktien im Wert von 50 Millionen Ripple ist ein amerikanisches Unternehmen, dessen geschäftlicher Fokus auf Software und internationalen Zahlungsdienstleistungen liegt. Bereits im Jahr 2012 entwickelte Ripple den XRP-Coin und stieg in den Krypto-Währungsmarkt ein. In Bezug auf die Marktkapitalisierung belegt Ripples XRP hinter Bitcoin (BTC) und Ethereum...

Financial services company MoneyGram International Inc. announced on Monday that a provider of leading enterprise blockchain solutions for global payments Ripple Labs, completed its final $20 million investment in MoneyGram equity consistent to its primarily $50 million equity investment commitment that the company made earlier this year.The price of share Ripple paid was $4.10 that seems to be pretty much higher than MoneyGram’s current price on the market. As per the announcement, the...

United States’ retail behemoth Walmart has decided to expand its current offerings of financial services by offering money remittance services within its network of nearly 5,000 stores across America. It already has two money transfer services (the Walmart2Walmart and Walmart2World service launched last year) but the retail giant has also decided to power Walmart2World with Ripple‘s partners MoneyGram and Ria.November 4, 2019."@Walmart is announcing the next step in its commitment to help...