HONG KONG, March 17, 2016 /PRNewswire/ -- MoneyGram (NASDAQ: MGI) has been selected for The Asian Banker's "Remittance Product of the Year" award for the International Excellence in Retail Financial Services Program.
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The program recognizes outstanding financial service companies across Asia Pacific, Central Asia, the Middle East and Africa for their vision and execution in making a real impact for customers. During this year's awards program, more than 250 financial institutions, from 42 countries, were evaluated.
The Asian Banker, a financial services company, presented the award at a gala held in Hong Kong on March 16, acknowledging MoneyGram's consistent network expansion and remittance industry leadership.
"The entire MoneyGram family is honored to once again be recognized by The Asian Banker for this award," said Yogesh Sangle, MoneyGram's East Asia senior regional director. "Our main goal remains making money transfers easier for you. Whether that is through product advancement, compliance enhancements or network growth, everything MoneyGram does each day all focuses on the ultimate goal of delivering an exceptional money transfer experience to our customers. Together, with our agents, we stood out from our competitors throughout the industry. We're looking forward to finding more innovative ways to make our services and products even better in the years to come."
In 2015, MoneyGram continued to expand its agent network and introduced innovative services, including its self-service kiosk and instant deposits to bank accounts throughout Asia and Africa. Now MoneyGram is connected to nearly 1,5 billion bank accounts in five of the world's largest remittance receive markets — China, India, Mexico, Philippines and Nigeria.
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About MoneyGram Inc.
MoneyGram is a global provider of innovative money transfer and payment services and is recognized worldwide as a financial connection to friends and family. Whether online, or through a mobile device, at a kiosk or in a local store, we connect consumers any way that is convenient for them. We also provide bill payment services, issue money orders and process official checks in select markets. More information about MoneyGram International, Inc. is available at moneygram.com.
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