In MoneyGram, Ant Buys Into Old Payments

Is Ant Financial hitching its global expansion to an antiquated #payments wagon that is being undermined by a wide range of remittance startups? That appears to be case for Ant’s proposed $ 880 million acquisition of 72-year-old #MoneyGram, which was announced today. Ant Financial is the financial service spin-off from Chinese e-commerce giantRead More
Bank Innovation

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