MoneyGram picks AiPrise to run AI-powered verification across its network

What the partnership covers

AiPrise said MoneyGram will integrate its AI-powered platform to strengthen how it verifies and monitors data across the markets it serves. The platform draws on 100+ data sources worldwide.

According to the announcement, MoneyGram will use AiPrise to streamline select verification processes through a single platform. The aim is to give MoneyGram teams a more consistent and efficient way to review information and document verification decisions across the markets covered by the implementation. The source does not say which markets or which processes are included beyond that description.

MoneyGram connects customers across more than 200 countries and territories through nearly half a million retail locations and a rapidly expanding digital ecosystem, according to the release.

What the companies say

Bahar Sahajwalla, Chief Regulatory and Public Affairs Officer at MoneyGram, said: "Verification is essential to operating a trusted global payments network." She added that AiPrise gives teams "a more simplified and comprehensive way to verify information while maintaining consistent standards across markets."

Luke Tuttle, Chief Product and Technology Officer at MoneyGram, described the move as part of a wider modernization effort. "We're transforming MoneyGram into a more modern, connected fintech platform to better serve our customers," he said. He added that AiPrise "will play an important role in that work, helping us modernize key processes and build a more efficient, scalable platform for the future."

AiPrise CEO Chaitanya Sarda said MoneyGram's compliance "has to work everywhere, all the time." He said AiPrise was built to help companies streamline complex verification processes with a purpose-built, AI-driven platform, while giving compliance teams the information and audit-ready rationale they need to make confident decisions.

About the companies involved

MoneyGram describes itself as a global payments network with a digitally powered, omnichannel platform that supports both fiat and stablecoin transactions. The company says it has over 85 years of history and serves over 60 million active customers across 200+ countries and territories.

AiPrise describes itself as an AI-powered global compliance and verification platform. Through a single API, companies run KYB, KYC, AML screening and document verification across 200+ countries and 500+ government and business registries. Its AI agents analyze results and help compliance teams decide, in minutes instead of days, whether a business or individual is safe to onboard, according to the company. AiPrise is backed by Y Combinator and headquartered in Santa Clara, California.

What it means

For MoneyGram, the deal is framed as infrastructure work: more consistent verification standards across markets and a documented trail for decisions. For AiPrise, it adds a large global payments network to a customer base that it says includes payment companies, marketplaces, neobanks, crypto platforms and financial institutions. The announcement does not give financial terms, a rollout timeline or performance results.