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MoneyGram International (MGI) was using a variety of applications to send and receive mission-critical business data and files to customers, partners and agents. Simply maintaining all of these systems required significant time, money and resources. In addition, MGI’s data and file transmission solution had been heavily customized and composed of multiple unsupported, out-of-maintenance software products.
MGI needed a cost-effective solution to consolidate twelve different applications into one hybrid integration platform. This platform needed to provide functionality, scalability and agility with no disruption to the business while reducing the total cost of ownership to MGI.
After evaluating different vendors and solutions, MGI selected SEEBURGER Business Integration Suite (BIS), and its Managed File Transfer (MFT) solution, along with translation capabilities.
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SEEBURGER Business Integration Suite Architecture at MGI
With SEEBURGER BIS, MGI Has Gained the Following Benefits and Value:
"The Role of APIs within Managed File Transfer" featuring MoneyGram
We selected SEEBURGER because of their long history of innovative and agile platforms. MoneyGram needed to scale without requiring major customizations or down time to our business. The SEEBURGER Business Integration Suite (BIS) has been an effective solution that has allowed us to simplify our architecture, reduce total cost of ownership and better serve our consumers, agents and partners.
Veronica Larson, Head of IT Operations, MoneyGram International
MoneyGram International can trace its roots back to 1940, and is one of the world’s largest processors of money orders and a key player in the electronic payments industry.
MoneyGram is the second-largest money transfer company in the world and has $1.45 billion in annual revenues.
MoneyGram offers services at approximately 350,000 agent locations in more than 200 countries and territories, and continues to expand its money transfer services to consumers through self-service channels including online, mobile app, direct-to-bank account ATMs, and transaction-staging kiosks in various markets around the world.