MoneyGram: Enters payments-as-a-service space

  • MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers
  • Announced the launch of ‘MoneyGram as a Service,’ a new business line that enables other companies to access its leading global money transfer network
  • With this launch, enterprise customers now leverage the Company’s core capabilities as productized service offerings
  • The new business line represents a significant growth opportunity for MoneyGram as it enters a market estimated
  • This partnership part of a strategy to capture new revenue by monetizing capabilities
  • The launch begins with the successful integration of a partnership with Emergent Technology Ltd
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Tempo Blockchain Goes Live with Machine Payments Protocol

New technology enhances automated transactions in blockchain space.Highlights: Tempo Blockchain officially launches its machine payments protocol.The new technology...

Klarna Smashes One Million Merchants Milestone, Expanding Global Reach

Klarna achieves significant growth with over one million merchants now using its services.Highlights: Klarna surpasses one million active...

PRA Proposes New Standards to Protect Firms from Bank Runs

New measures aim to enhance financial stability amid economic uncertainties.Highlights: PRA introduces new standards to prevent bank runs.The...

TSB Warns Over Surge in Friendship Fraud Cases

Bank highlights the risks of new friendship-based scams targeting customers.Highlights: TSB reports a rise in friendship fraud targeting...