MoneyGram

Arvo Advisory launches as a new executive and strategic communication firm to help companies create value through strategy and story

Retrieved on: 
Friday, April 5, 2024
Narrative, Research, Private equity, Venture capital, Entrepreneurship, Communication, Corporate communication, Coca-Cola, Business, Politics, University, Life, MoneyGram, MCI, Key, Strategic communication, UPS, Collection, Transaction, Management

DALLAS, April 5, 2024 /PRNewswire/ -- Arvo Advisory, a boutique consulting and executive communication firm, officially launches today.

Key Points: 
  • DALLAS, April 5, 2024 /PRNewswire/ -- Arvo Advisory, a boutique consulting and executive communication firm, officially launches today.
  • The firm has developed an innovative model by building a team that combines corporate strategists with executive communication leaders and public relations experts to create value for clients.
  • Key service offerings include Strategic Narrative Development, Executive Communication Support, Transaction and Turnaround Advisory, Public Relations, and Strategic Communication.
  • Clients consist of Chief Executive Officers, Chief Financial Officers, Chief Strategy Officers, and Chief Communication Officers in addition Private Equity and Venture Capital firms.

MoneyGram Expands Leadership Position in Middle East through Partnership with Fintech App barraq

Retrieved on: 
Thursday, March 28, 2024
Partnership, LEAP, Friends, Larestan County, Family, MoneyGram, Growth, API

DALLAS, March 28, 2024 /PRNewswire/ -- MoneyGram International, Inc. ("MoneyGram" or the "Company"), a leading global financial technology company that connects the world's communities, today announced a strategic partnership with innovative financial technology app barraq. Through this partnership, consumers in Saudi Arabia will be able to use the barraq mobile app to send funds to family and friends globally. This is made possible through MoneyGram's advanced cross-border technology platform that enables recipients to access their funds through a suite of digital methods and retail locations around the world.

Key Points: 
  • Through this partnership, consumers in Saudi Arabia will be able to use the barraq mobile app to send funds to family and friends globally.
  • "barraq is anticipated to be the Middle East's fastest-growing financial app, so we're excited to reach new customers and expand our leadership position in one of the world's largest outbound remittance regions."
  • As MoneyGram continues to deepen relationships with existing partners in the Middle East, today's announcement highlights opportunities for even further expansion.
  • "We are pleased to launch this strategic partnership with MoneyGram, a trusted money transfer provider with an expansive global network," shared Ahmed Alenazi, barraq Chief Executive Officer.

MoneyGram Celebrates Top Workplaces USA Award for Third Consecutive Year

Retrieved on: 
Wednesday, March 20, 2024
Organization, Growth, Partnership, Pleasure, News, Workplace, MoneyGram, DFW, The Dallas Morning News, Film industry

DALLAS, March 20, 2024 /PRNewswire/ -- MoneyGram International, Inc. ("MoneyGram" or the "Company"), a leading global financial technology company that connects the world's communities, has been named a recipient of the 2024 USA TODAY Top Workplaces USA award. The national award celebrates companies with exceptional workplace cultures where people can thrive personally and professionally. This marks the third consecutive year that MoneyGram has won this award, an honor based entirely on employee feedback.

Key Points: 
  • The national award celebrates companies with exceptional workplace cultures where people can thrive personally and professionally.
  • This marks the third consecutive year that MoneyGram has won this award, an honor based entirely on employee feedback.
  • "We're thrilled to again receive this distinguished recognition, which is especially important this year as we have undergone so much change at MoneyGram," said Alex Holmes, MoneyGram Chairman and CEO.
  • Last year, MoneyGram was awarded a Friendly Workplace in Poland and Best Places to Work in the Middle East.

Stellar Development Foundation Announces Launch of Smart Contracts on Stellar with $100M Allocated to Soroban Adoption Fund

Retrieved on: 
Tuesday, March 19, 2024
Stellar, SDF, Growth, United, SAN, United Nations, History, Insurance, MGI, UNHCR, MoneyGram, Decentralized finance, Ecosystem, Blend, Cryptocurrency

SAN FRANCISCO, March 19, 2024 /PRNewswire/ -- The Stellar Development Foundation (SDF), the nonprofit organization supporting the development and growth of the Stellar network, today announced that Soroban, the smart contracts platform on Stellar, is now live on the network's mainnet, enabling anyone to build, deploy, and interact with Stellar-based decentralized applications (dapps). To encourage development on Soroban, SDF has committed to investing $100 million into projects leveraging the network's smart contract capabilities in its pursuit to set a better standard where not only payments, but everyday financial services, are accessible to all. The fund has supported more than 160 projects to date.

Key Points: 
  • Adding smart contract capability is the latest upgrade from the Stellar ecosystem's application of blockchain technology to create equitable access to the global financial system.
  • The introduction of smart contracts via Soroban will enable more sophisticated financial products and services to operate on the Stellar network, in addition to settlements.
  • During this time, SDF deployed approximately 15% of its $100 million Soroban adoption fund into supporting dapps spanning across lending and borrowing, insurance, auditing, and more.
  • "Soroban opens the doors for decentralized applications to easily plug into the existing global financial market, without compromising speed or scalability.

MoneyGram Announces Appointment of Cory Feinberg and Bahar Dave Sahajwalla to Executive Leadership Team

Retrieved on: 
Tuesday, March 12, 2024
Bank of America, Boy Scouts of America, Government, Organization, American University, General counsel, University, Georgetown University, Private practice, Public policy, Bank, Head, Commerce, Lawsuit, MoneyGram, Southern Methodist University, Public affairs, Privacy, Public affairs (military), Law, Corporation, Management

DALLAS, March 12, 2024 /PRNewswire/ -- MoneyGram International, Inc. ("MoneyGram" or the "Company"), a leading global financial technology company that connects the world's communities, today announced the appointment of Cory Feinberg as General Counsel and Corporate Secretary and Bahar Dave Sahajwalla as Chief Regulatory and Public Affairs Officer. Both Feinberg and Sahajwalla will report directly to Alex Holmes, MoneyGram Chairman and CEO, and will serve on the Executive Leadership Team.

Key Points: 
  • Both Feinberg and Sahajwalla will report directly to Alex Holmes, MoneyGram Chairman and CEO, and will serve on the Executive Leadership Team.
  • "We are thrilled to welcome Cory and Bahar to our Executive Leadership Team at MoneyGram," said Holmes.
  • Both possess a growth-oriented mindset and will play a key role in fulfilling our purpose and advancing our vision for the future of MoneyGram.
  • Sahajwalla joined MoneyGram in 2017 and most recently served as Head of External Relations and Government Affairs.

tvScientific Announces $9.4 Million Convertible Note led by S4S Ventures to Accelerate Growth and Development

Retrieved on: 
Wednesday, February 28, 2024
Social media, CPA, Netflix, Television, Smart TV, Connected, MoneyGram, ROI, General partnership, MMM, EMarketer, ABC, BDMI, Discovery, Entrepreneurship, Advertising, Meta, NBC, CTV, Partner (business rank), The Walt Disney Company, Fender, CBS, Partnership, Mobile phone

With tvScientific, advertisers can buy and execute performance CTV campaigns with major inventory partners, including Paramount+, Hulu, Discovery, ABC, CBS and NBC.

Key Points: 
  • With tvScientific, advertisers can buy and execute performance CTV campaigns with major inventory partners, including Paramount+, Hulu, Discovery, ABC, CBS and NBC.
  • This opens up an entirely new cohort of advertisers for TV publishers” said Jason Fairchild, Co-Founder and CEO of tvScientific.
  • “Google and Meta have fueled meteoric growth in advertising precisely because of their precision targeting and outcome-based measurement.
  • Consumers now dictate how they want to consume media and this partnership aligns with the evolving preferences of today's audiences."

Burns Charest & Kick Law Firm: Lawsuit Alleges Western Union, MoneyGram Unlawfully Share Customers’ Personal Information with Law Enforcement

Retrieved on: 
Thursday, February 22, 2024
Class Action Lawsuit, Professional Services, Legal, Burns, MoneyGram, TRAC, File, District court, Forcepoint, American Civil Liberties Union, Knowledge, Privacy, ACLU

According to the lawsuit filed by attorneys with Burns Charest LLP and the Kick Law Firm, the companies provide personal information to hundreds of law enforcement agencies, bypassing the typical legal requirements such as court orders, subpoenas, or warrants, and done without the knowledge and consent of the individuals using the services.

Key Points: 
  • According to the lawsuit filed by attorneys with Burns Charest LLP and the Kick Law Firm, the companies provide personal information to hundreds of law enforcement agencies, bypassing the typical legal requirements such as court orders, subpoenas, or warrants, and done without the knowledge and consent of the individuals using the services.
  • The lawsuit alleges the two money transfer providers, together with Forcepoint and TRAC, are violating the California Consumer Privacy Rights Act and the California constitutional right to privacy.
  • “It is unconscionable that these companies are caving to governmental pressure and knowingly providing this information in violation of the law and their own policies,” says Chase Hilton of Burns Charest, who filed the lawsuit with co-counsel Taras Kick of the Kick Law Firm.
  • The United States is one of the largest remitters and, notably, Mexico received the second highest level of remittances in 2022.

American Banker announces honorees for 2024's Most Influential Women in Payments, representing companies like American Express, KeyBank, Mastercard, Visa and more

Retrieved on: 
Wednesday, February 28, 2024
KeyBank, Senior, Woman, Synchrony, MoneyGram, Credit union, EVP, Embedded, SVP, Global Payments, Thought, American Banker, Eye, Mastercard, Risk, Content, Most, Fiserv, Process, CIO, U.S. Bancorp, American Express, Financial institution, Management

NEW YORK, Feb. 28, 2024 /PRNewswire-PRWeb/ -- American Banker, Arizent's essential resource for senior executives in financial services, has announced honorees for The Most Influential Women in Payments, the annual initiative that recognizes and celebrates trailblazing women leaders in the payments sector. This year's honorees are embracing agility and curiosity by finding unique pathways for advancement, leveraging generative AI and navigating transformational mergers.

Key Points: 
  • This year's honorees are embracing agility and curiosity by finding unique pathways for advancement, leveraging generative AI and navigating transformational mergers.
  • These women embody the resilience, savvy and shrewdness it takes to lead, and their accomplishments are nothing short of remarkable.
  • "These women embody the resilience, savvy and shrewdness it takes to lead, and their accomplishments are nothing short of remarkable."
  • Since 2013, The Most Influential Women in Payments has recognized the professional achievements and influence of top-performing female executives.

Professional Race Car Driver Kevin Magnussen Becomes Açaí Brand OAKBERRY's Master Franchisee in Denmark

Retrieved on: 
Monday, February 26, 2024
Love, Social media, MoneyGram, Growth, Entrepreneurship, Rest, Haas F1 Team, OAK, Gammel Kongevej, Partnership, Tourism

MIAMI, Feb. 26, 2024 /PRNewswire/ -- Global açaí brand, OAKBERRY has officially opened its doors in Copenhagen, bringing its organic, 100% natural açaí bowls and smoothies to Denmark for the first time ever with the help of its newest master franchisee, MoneyGram Haas F1 Team driver and Denmark native, Kevin Magnussen. With OAKBERRY just surpassing its 100th location in Europe, Magnussen aims to continue the açaí brand's rapid growth by opening additional locations in Denmark throughout the year.

Key Points: 
  • With OAKBERRY just surpassing its 100th location in Europe, Magnussen aims to continue the açaí brand's rapid growth by opening additional locations in Denmark throughout the year.
  • "After OAKBERRY was named the official açaí sponsor for the MoneyGram Haas F1 team, Kevin fell in love with our brand and products.
  • OAKBERRY is the solution for that, and I am so excited to partner with the brand to bring their açaí to Scandinavia for the first time," said Kevin Magnussen.
  • To round out the partnership, Kevin Magnussen will be wearing a brand new OAKBERRY inspired helmet design for the 2024 Season.

MoneyGram Accelerates Global Digital Strategy with Appointment of New Senior Hires to Drive Unprecedented Growth

Retrieved on: 
Wednesday, February 7, 2024
Online, Mastercard, American Airlines, Growth, Lead, Acceleration, MoneyGram, Payment, B2B, Digital, Ecosystem, MGB, Visa, Discover Financial, MGO, REST, Raman, Spirit Airlines, Kent Tekulve

DALLAS, Feb. 7, 2024 /PRNewswire/ -- MoneyGram International, Inc. ("MoneyGram" or the "Company"), a leading global financial technology company that connects the world's communities, is pleased to announce four strategic appointments to its senior management team, responsible for the acceleration of the Company's global digital strategy. These new leaders will partner closely with the Executive Leadership Team and report directly to Seth Ross, MoneyGram Chief Digital Officer.

Key Points: 
  • These new leaders will partner closely with the Executive Leadership Team and report directly to Seth Ross, MoneyGram Chief Digital Officer.
  • Bringing decades of digital expertise to MoneyGram, the new leaders will help oversee the next level of digital growth for the Company, focusing on four strategic areas: MoneyGram Online (Edwina Johnson); MoneyGram Business (Arnoldo Reyes); Pricing Strategy (Vijay Raman); and Payments and Product Partnerships (Mike Tekulve).
  • "It's been a privilege to join the incredible team at MoneyGram amidst a remarkable digital transformation, and I'm extremely proud of the success we've achieved through our digital strategy to date," said Ross.
  • MoneyGram is committed to the global expansion of MoneyGram Online ("MGO"), the Company's leading direct-to-consumer digital business, as the channel has proven to be an important growth driver, delivering consistent, double-digit revenue increases and improving customer loyalty to the MoneyGram Brand.