MoneyGram (MGI) Tops Q2 EPS by 5c

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MoneyGram International Reports Second Quarter 2018 Financial Results

August 3, 2018 7:00 AM EDT

DALLAS, Aug. 3, 2018 /PRNewswire/ -- MoneyGram (NASDAQ: MGI) today reported financial results for its second quarter ending June 30, 2018.

Business Highlights

Expanded digital and mobile capabilities: MoneyGram online now available in 11 countries. New agreement with Visa Direct to offer real-time payments into bank accounts via Visa Direct debit card. Capitalized on the strength of the company's physical network with both new agent signings and renewals of long-time partners. Reduced costs by implementing the Digital Transformation initiative. Implemented higher... More