Operator
Good morning, and welcome to the MoneyGram International, Inc. fourth-quarter 2020 earnings release conference call. Today s conference is being recorded. [Operator instructions] It is now my pleasure to turn the floor over to your host, Stephen Reiff, head of corporate communications.
Please go ahead, sir.
Head of Corporate Communications
Good morning, and thank you for joining us. We also appreciate your patience and flexibility to reschedule this call today, given the unprecedented winter storm that caused power outages and disrupted our internet last week. On the call with me, you have Alex Holmes, MoneyGram chairman and chief executive officer; Larry Angelilli, chief financial officer; and Kamila Chytil, chief operating officer and leader of the company s Digital Business. On the MoneyGram investor relations website, you can find our earnings press release and presentation, which is intended to supplement our prepared remarks during today s call and provide the reco
About half of U.S. workers received an unexpected financial expense each month for 12 months overlapping most of the COVID-19 pandemic, with many resorting to bouncing checks or payday loans to cover the costs.
MoneyGram International Reports Fourth Quarter and Full-Year 2020 Financial Results yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
With the SEC probing Ripple, MoneyGram sidelines its partner to nurture online operations, which hit a milestone by surpassing in-store Walmart remittances in December.
WKBT
February 18, 2021 11:23 AM Spencer Tierney
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New banking players are redefining what a checking account looks like.
Financial technology, or fintech, companies in banking often called neobanks typically offer mobile-focused accounts with eye-catching features, generally do without branches, and partner with banks since many don’t have banking licenses of their own. From 2018 to 2020, neobanks skyrocketed from 60 to 256 worldwide, according to a report by the business strategy firm Exton Consulting.
But more competition can have side effects. Once-innovative banking services such as two-day early direct deposits are becoming standardized, so “the challenge is how to stay differentiated,” says Kevin Travis, an executive vice president at the financial analytics firm Novantas.