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MoneyGram Embraces Digital Assets, Plans Non-Custodial Wallet Launch For Early Q1
Tuesday, September 26, 2023 - 4:13pm | 461Read More...MoneyGram International plans to launch a noncustodial wallet service beginning in 2024. Find out more on how financial services have blended with technology. Meet and engage with transformative Fintech business leaders and investors at Benzinga's exclusive event — Fintech...
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Fintech Focus For August 2, 2021
Sunday, August 1, 2021 - 7:49pm | 1817Read More...Quote To Start The Day: "The first casualty when war comes is truth.” Source: Hiram Johnson One Big Thing In Fintech: Square will buy Australia’s Afterpay for about $29 billion in an all-stock deal as the U.S. fintech firm looks to leverage the burgeoning popularity of buy now,...
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Fintech Focus For June 18, 2021
Thursday, June 17, 2021 - 7:26pm | 2110Read More...Quote To Start The Day: "A man is but what he knows.” Source: Sir Francis Bacon One Big Thing In Fintech: At the end of May, the total market capitalization of stablecoins, which include ones offered by crypto firms Tether and Centre, broke $100 billion. But in recent weeks, lawmakers...
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Fintech Focus For March 25, 2021
Wednesday, March 24, 2021 - 9:36pm | 2283Read More...Quote To Start The Day: Brainpower doesn’t have a zip code. Source: Laura González-Estéfani One Big Thing In Fintech: A new filing with the U.S. Securities and Exchange Commission indicates that asset management giant Fidelity is seeking to create a bitcoin exchange-traded fund...
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Fintech Focus For March 9, 2021
Monday, March 8, 2021 - 6:49pm | 1938Read More...Quote To Start The Day: “If I look at trading when I started, I would say a phone or occasionally a computer got broken at least once a week, or once every two weeks,” Dunn, Citigroup’s global co-head of rates trading, said during a virtual roundtable last week, held ahead of...
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Fintech Focus For February 23, 2021
Monday, February 22, 2021 - 8:15pm | 2037Read More...Quote To Start The Day: “Bitcoin prices have continued their meteoric rise with Tesla, BNY Mellon and Mastercard’s announcements of greater acceptance of cryptocurrencies,” JPMorgan said in a research note last week. “But fintech innovation and increased demand for digital...
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Fintech Focus For January 25, 2021
Monday, January 25, 2021 - 12:47am | 3113Read More...Quote To Start The Day: You can't be a real networker unless you’re connected. Source: Michael Gruen One Big Thing In Fintech: Experts say 2021 is poised to see greater adoption and venture capital investment in blockchain technology. That prediction comes as more financial services apps...
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Fintech Focus For June 26, 2020
Friday, June 26, 2020 - 9:59am | 1382Read More...Daily Perspective: I have never advocated war except as a means of peace. - Ulysses S. Grant Fintech Movers: Futures exchanges would be expected to create defenses against disruptive technology failures, but might not have to upgrade current policies under a proposal issued by a U.S. derivatives...
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Fortune Magazine Owner Targets Banks, Fintechs To Address Underbanked Asian Population
Monday, January 13, 2020 - 4:59pm | 177Read More...Chatchaval Jiaravanon, owner of Fortune magazine, aims to address the underbanked Asian population by widening Lightnet — a fintech that leverages the Stellar blockchain to replace incumbent payments systems like SWIFT — through acquisitions. Lightnet is a cross-border...
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With MoneyGram Up For Grabs, Will M&A Take Hold In The Money Transfer Space?
Monday, May 15, 2017 - 12:00pm | 953Read More...A bidding war has pitted Alibaba Group Holding Ltd (NYSE: BABA)'s financial arm, Ant Financial, against Euronet Worldwide, Inc. (NASDAQ: EEFT) to acquire Moneygram International Inc (NASDAQ: MGI). Moneygram, a global provider of money transfer services, initially fielded a $13.25 per share...
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Alibaba's Ma Really Wants To Buy MoneyGram But Will It Be Approved?
Monday, April 17, 2017 - 11:20am | 393Read More...Ant Financial, the China-based finance affiliate of the e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) really wants to acquire Moneygram International Inc (NASDAQ: MGI). Jack Ma, the brains behind Alibaba and Ant Financial initially presented an offer to acquire Moneygram at $13.25 per...
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Here's Why Moneygram International Surged 14%
Monday, February 1, 2016 - 4:00pm | 282Read More...Shares of Moneygram International Inc (NASDAQ: MGI) surged on Monday after the company announced the extension of its new partnership with Wal-Mart Stores, Inc. (NYSE: WMT). Shares of Moneygram opened for trading at $5.56 and hit an intra-day high of $7.09. However, the stock gave up some of...
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Markets Unable To Hold On To Gains As Oil Continues To Plunge
Tuesday, October 14, 2014 - 4:47pm | 2414Read More...U.S. markets ended the day mostly flat after giving up earlier gains. The Dow traded higher by 142 points before ending the day in negative territory. The S&P 500 and Nasdaq indices closed the day almost unchanged. The CBOE Volatility Index fell 7.5 percent to 23.79. Airline stocks traded...
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Market Wrap For April 21: S&P 500 Extends Winning Streak To Five Days, Dow & Nasdaq Also Positive
Monday, April 21, 2014 - 4:37pm | 2987Read More...U.S. stocks rose as investors felt that earnings season is positive enough so far to reverse weakness the markets have seen in recent weeks. "Investors were braced for poor results, and at least so far, the numbers have been better than feared. We'll have a little more information to act on...
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MGI Upgraded To Outperform
Monday, September 27, 2010 - 10:01am | 30Read More...Northland Securities has upgraded MoneyGram International (NYSE: MGI) from Market Perform to Outperform with a $3.50 price target. MoneyGram International Closed Friday at $2.19.
