MoneyGram poised to gain market share in border region, says JMP Securities After speaking with Latin/South America remittance providers. JMP Securities believes that several factors are likely to enable MoneyGram to gain market share in the U.S.-Mexican corridor. The firm firm maintains a $22 target and Outperform rating on the stock.
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MoneyGram extends agreement with Members 1st Federal Credit Union MoneyGram announced a five-year renewal of its agreement with Members 1st Federal Credit Union to provide check services through its PrimeLink Official Check outsourcing program. This program offers financial institutions a way to manage clients' checks, including daily balancing and reconciliation, inventory management and real-time updates through an online platform.