MGI
MoneyGram International, Inc. New
Delisted
MGI was delisted on the 31st of May, 2023.
About: MoneyGram International Inc offers products and services under its two reporting segments; Global Funds Transfer, which is the core revenue generator, and Financial Paper Products. The Global Funds Transfer segment provides global money transfer services and bill payment services to consumers. It primarily offers services through third-party agents, including retail chains, independent retailers, post offices and other financial institutions. The company also offer Digital solutions such as moneygram.com, mobile solutions, account deposit and kiosk-based services. The Financial Paper Products segment provides official check outsourcing services and money orders through financial institutions and agent locations. The group operates in the United States and other countries.
Employees: 2,279
Financial journalist opinion
Positive
PYMNTS
4 weeks ago
MoneyGram Launches API for Embedding Crypto On/Off-Ramp Functionality
MoneyGram has launched an application programming interface (API) designed to make it easy for developers to embed crypto on/off-ramp functionality. With the new MoneyGram Ramps, wallets, exchanges and FinTech apps can enable compliant cash-to-crypto and crypto-to-cash integration through a single implementation, the company said in a Friday (May 2) press release.
Positive
PYMNTS
1 month ago
MoneyGram Launches Pay-by-Bank Partnership With Plaid
Payments network MoneyGram says it has launched a partnership with Plaid. The collaboration, announced Thursday (April 17), lets MoneyGram customers in the U.S. use Plaid's technology to help authenticate their bank accounts, allowing for faster and more secure funding for both domestic and cross-border payments.
Neutral
Reuters
1 month ago
US CFPB asks to exit Biden-era case against MoneyGram
The top U.S. watchdog for consumer finance has asked a federal court to withdraw from the agency's own 2022 case against MoneyGram, leaving the New York attorney general as the sole plaintiff, according to court papers.
Neutral
GlobeNewsWire
3 months ago
Former CEO of MoneyGram Alex Holmes Joins True I/O to Accelerate Secure Payment Systems, Real-World Asset (RWA) Transactions, and the Implementation of Blockchain Names
Carlsbad, CA, Feb. 14, 2025 (GLOBE NEWSWIRE) -- True I/O, an emerging leader in blockchain-based security, identification, and tokenization solutions, today announced the appointment of Alex Holmes as a Strategic Advisor. Holmes's extensive background in fintech, global payments, and blockchain innovation brings invaluable expertise to True I/O at a pivotal time in the company's growth.
Neutral
GlobeNewsWire
4 months ago
Lawsuit Filed Against MoneyGram Over Data Breach That Compromised Customers' Personal and Financial Information
DALLAS, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Consumers have taken legal action against MoneyGram, filing a lawsuit against the money transfer services provider over a data breach that compromised customers' personal and financial information.
Negative
TechCrunch
7 months ago
MoneyGram replaces CEO weeks after massive customer data breach
Money transfer giant MoneyGram has replaced its chief executive less than a month after confirming that hackers stole reams of customers' personal information and transaction records in a data breach.
Neutral
Accesswire
7 months ago
DATA BREACH ALERT: Edelson Lechtzin LLP Is Investigating Claims On Behalf Of MoneyGram International Inc. Customers Whose Data May Have Been Compromised
Edelson Lechtzin LLP is investigating claims regarding data privacy violations by MoneyGram International Inc. NEWTOWN, PA / ACCESSWIRE / October 13, 2024 / The law firm of Edelson Lechtzin LLP is investigating claims regarding data privacy violations by MoneyGram International Inc. ("MoneyGram"). MoneyGram learned of suspicious activity on or about September 27, 2024.
Neutral
Business Wire
7 months ago
FeganScott Announces Investigation into MoneyGram Data Breach That Compromised Customers' Personal and Financial Information
DALLAS--(BUSINESS WIRE)--FeganScott, a national law firm dedicated to protecting consumer rights, announced that it has launched an investigation into MoneyGram following confirmation from the financial services provider that an unauthorized third party illegally obtained customers' personal and financial information during a September cyberattack. In a recent statement, MoneyGram reported that the stolen customer information includes Social Security numbers, government identification documents.
Negative
TechCrunch
7 months ago
MoneyGram says hackers stole customers' personal information and transaction data
U.S. money transfer giant MoneyGram has confirmed that hackers stole its customers' personal information and transaction data during a cyberattack last month.
Negative
PYMNTS
8 months ago
MoneyGram Works to Restore Systems After ‘Cybersecurity Issue'
MoneyGram said Tuesday (Sept. 24) that it is working “around the clock” to bring its systems back online and resume normal business operations after finding a “cybersecurity issue.
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