#fastsend

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MoneyGram Secures Over $11 Million From Ripple Labs

MoneyGram Secures Over $11 Million From Ripple Labs

Money transmission network MoneyGram has gained over $11 million from the blockchain-based payments firm Ripple Labs.

In a press release by MoneyGram, the company stated it had received funds from Ripple divided over two quarters:

In the fourth quarter, $8.9 million, and $2.4 million

In the third, totaling $11.3 million

Its revenue for Q4 was reported to be $323.7 million.

“MoneyGra…

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Is MoneyGram Snubbing Ripple By Launching FastSend Real-Time Remittance Service?

Is MoneyGram Snubbing Ripple By Launching FastSend Real-Time Remittance Service?

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MoneyGram announced on Feb 12, that it has launched a new P2P product that will allow real-time settlements across the globe. The tech remittance giant dubbed this service ‘FastSend’ and was rolled in the U.S and Spain. It is however notable that MoneyGram did not use blockchain tech in developing FastSend despite its close partnership with Ripple.

The new service by MoneyGram seeks to…

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MoneyGram's New Real-Time Money Payment Service Not Based On Ripple

MoneyGram’s New Real-Time Money Payment Service Not Based On Ripple

MoneyGram recently announced FastSend, a new service that allows its customers to send money in real-time to a phone number via a dedicated website or mobile application but the solutions of its blockchain partner Ripple are not involved.

The new service allows real-time money sending, however, surprisingly MoneyGram’s latest product does not make use of Ripple’s technology.

https://twitte…

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Ripple XRP: MoneyGram Launches FastSend & 200K Traders Have Access To XRP Liquidity With B2C2 We advise you to keep your crypto safe by using a Ledger Nano X or S! source

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Ripple's Partner MoneyGram Launches FastSend Service for Money Transfer

Ripple’s Partner MoneyGram Launches FastSend Service for Money Transfer

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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…

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