MoneyGram Makes a Push to Digitize Global Payments

The video discusses the global money transfer industry, highlighting its $600 billion market driven by migrant workers. It covers market growth, compliance challenges, and the impact of US-China relations on business strategy. The company is undergoing a digital transformation to focus on consumer needs, particularly for unbanked and underbanked individuals, by leveraging mobile technologies and digital wallets.

What role do mobile technologies play in the changing landscape of money transfers?

What innovations have been introduced to improve access to money transfer services for consumers?

In what ways are consumers accessing money transfers differently now compared to the past?