Living in a world where most of consumer payments happen almost instantaneously, you could be forgiven for thinking that most of the money sent across borders is carried there by pigeons. That may as well be the case for the majority of international transactions. When...
FinTech solutions and payments provider Euronet Worldwide, Inc. said on Tuesday (March 16) that it has struck a deal to buy the Piraeus Bank Merchant Acquiring (PBMA) operation of the Greek financial institution (FI) Piraeus Bank, according to a press release emailed to PYMNTS. A separately...
In a way, the deal seems old school. PayPal-owned money transfer operator Xoom said this week that its new agreement with Euronet Worldwide’s Ria will enable Xoom customers to pick up cash remittances from more than 150,000 Ria network locations. Cash, huh? It’s not as...
PayPal has increased its foothold in Eastern Europe and Africa, and has boosted its presence in the global remittance market, through a new partnership agreement. Its Xoom service has signed a deal with Euronet Worldwide subsidiary Ria, which will offer Xoom customers cash pickup services...
May 18, 2017
On Tuesday, MoneyGram’s shareholders gave an unequivocal thumbs up to the buyout by Ant Financial. With one more hurdle yet to clear, CFIUS approval, MoneyGram CEO Alex Holmes tells Karen Webster what’s next for this new global digital financial services platform.
April 28, 2017
Ant Financial may snap up MoneyGram, amid a $1.2 billion price tag, hurdling concerns over national security, too. But Walmart lies in wait. Smooth sailing to a merger approval might...
March 30, 2017
Samsung managed to take up most of the oxygen in the mobile room this week — and the big show included the world’s introduction to the new Galaxy phone, Bixby, VR, Samsung Pass, and Samsung...
March 22, 2017
Then again, that depends on who you are. The bidding war might be brewing, but what lies behind the Ant Financial and Euronet bids for MoneyGram? Here's a look behind...
November 09, 2022
Digital payments in Africa are about to get an even wider reach, thanks to a new collaboration between Euronet Worldwide and the Africa Electronic Trade Group, or AeTrade. Euronet announced the partnership on Wednesday (Nov. 9), saying the two firms are aiming to build a multi-channel, cross-border payments gateway, or switch, to reach Africa’s financial […]
March 16, 2021
FinTech solutions and payments provider Euronet Worldwide, Inc. said on Tuesday (March 16) that it has struck a deal to buy the Piraeus Bank Merchant Acquiring (PBMA) operation of the Greek...
April 17, 2017
Stocks moved to the downside this past week as the markets got ready for earnings season in earnest. Only a few names showed gains, and only one of them, MoneyGram...
April 13, 2017
The latest news on the battle between Ant Financial and Euronet to acquire MoneyGram could mean that the former might raise its bid. This will happen only if MoneyGram formally...
