APAC CIO Outlook
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Agile

    AI Healthcare

    Artificial Intelligence

    Aviation

    Bi and Analytics

    Big Data

    Cloud

    Cyber Security

    Digital Infrastructure

    Digital Marketing

    Digital Transformation

    Digital Twin

    Drone

    Internet of Things

    Low Code No Code

    Networking

    Remote Work

    Startup

    Unified Communication

    Wireless

  • E-Commerce

    Education

    FinTech

    Healthcare

    Manufacturing

    Pharma and Life Science

    Retail

    Travel and Hospitality

  • Dell

    IBM

    Microsoft

    Salesforce

    SAP

  • Cognitive

    Compliance

    Contact Center

    Corporate Finance

    Data Center

    Data Integration

    Digital Asset Management

    Full Stack Development

    HR Technology

    IT Service Management

    Managed Services

    Procurement

    Proptech

    RegTech

Menu
    • Compliance
    • IBM
    • Big Data
    • Unified Communication
    • Digital Infrastructure
    • Data Center
    • Salesforce
    • MORE
    #

    Apac CIO Outlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIO Outlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • News
    • FinTech
    Editor's Pick (1 - 4 of 8)
    left
    IT Service Delivery Models Evolving with Business

    Todd Larson, CIO, Sentinel Benefits & Financial Group

    Managing Digital Transformation by IT and Security Teams

    Elena Kvochko, CIO-Group Security Function, Barclays

    Moving towards Banking and Fintech Partnership

    Peter Clark, Regional CIO, Standard Chartered Bank Technology and Operations, Hong Kong

    Technology and Business Conscience Collision

    Winston Benedict, CIO, Dentsu Aegis Network ANZ

    eMortgage, The Next Big Thing is Already Here: Make it Bigger

    Nafees Ahmed, CIO, Indiabulls

    Current Technology Issues/Trends

    Tim Thurman, CIO, Australian Securities Exchange (ASX)

    E-Mortgage, The Next Big Thing is already here: Make it Bigger

    Nafees Ahmed, CIO, Indiabulls

    Prospering in the Era of Design Thinking

    Millie Gillon, Senior Managing Director and Global Head of Client Experience, Innovation and Transformation at Standard Chartered Bank

    right

    MoneyGram Expands Mobile Wallet Network in Asia through Integration with bKash in Bangladesh

    Apac CIO Outlook | Thursday, December 02, 2021
    Tweet

    Fremont, CA: MoneyGram is leading the evolution of digital P2P payments. With a purpose-driven strategy to mobilize the movement of money, a strong culture of fintech innovation, and leading customer-centric capabilities, MoneyGram has grown to serve nearly 150 million people around the world over the last five years.

    MoneyGram International, the global leader in the evolution of digital P2P payments, has integrated its mobile wallet network with bKash, Bangladesh's leading mobile financial service (MFS) provider. This is the most recent integration in MoneyGram's ongoing collaboration with Thunes, a B2B company that powers payments for the world's fastest-growing businesses. With the launch of this feature, more than 55 million bKash wallet users in Bangladesh will now be able to receive funds instantly from anywhere in the world.

    "The digitization of our receive network is a core component of our growth strategy, and this latest integration can help improve the financial lives of millions of bKash wallet users in a large and growing market," remarked Alex Holmes, MoneyGram Chairman and CEO. "As we recently announced, total transactions received digitally through the MoneyGram platform reached a new all-time high in the third quarter of this year, with 63% year-over-year growth, and this partnership will further support this strong growth. As consumer preferences shift toward receiving transfers digitally, MoneyGram is committed to offering innovative financial solutions and is well-positioned to meet these demands."

    Remittances continue to play an important role in many parts of the world, particularly in Asia, while demand for digital options and mobile wallets continues to rise. According to the World Bank, an estimated 22 billion USD in remittances flowed into Bangladesh in 2020, accounting for nearly 7 percent of the country's GDP that year. This latest integration with bKash will expand access to direct remittance services and aid in the acceleration of financial inclusion in Bangladesh.

    bKash is a leading and rapidly growing player in Bangladesh's digital landscape. bKash wallets can be used to pay for a variety of products and services, including utility bill payments, mobile recharge, and payments for various food delivery and ridesharing services, in addition to receiving real-time remittances. A study released earlier this year by the Bangladesh Institute of Development Studies (BIDS) found that household incomes for bKash users had increased by 

    tag

    Financial

    Weekly Brief

    loading
    ON THE DECK

    Digital Twin 2022

    Top Vendors

    E-Commerce 2022

    Top Vendors

    Previous Next

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Read Also

    Achieving Business Agility

    Key Challenges Facing Real-time Data Processing in Data Centers

    Digital Transformation Agility

    Angela Lam, CIO Shell Australia, COG & Integrated Gas, Shell (NYSE: SHEL)

    Technology Trends Impacting Digital Infrastructure in 2022

    The Benefits of Portable Solar Generators for Cities

    Agile Culture -The Path To Business Success

    Loading...

    Copyright © 2022 APAC CIOoutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    |  Sitemap |  Subscribe |   About us

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/moneygram-expands-mobile-wallet-network-in-asia-through-integration-with-bkash-in-bangladesh-nwid-8634.html