MoneyGram International Inc (MGI) Q4 2019 Earnings Call Transcript

MoneyGram International Inc (MGI) Q4 2019 Earnings Call Transcript

On the call with me are Alex Holmes, Chairman and Chief Executive Officer and Larry Angelilli Chief Financial Officer.. We've also diversified the business by growing our direct-to-consumer digital channel.. We have invested to build the industry's best digital capabilities, and this direct-to-consumer digital channel is rapidly gaining new customers in markets around the world.. We've implemented cutting-edge technology and compliance standards to derisk the business and lead the industry in protecting consumers with our DPA work streams on track.. Customer experience improvements for the year included the strong growth of our mobile app, launching Visa Direct, redesigning our website, expanding our loyalty program internationally and increasing personalized communications.. We now have digital capabilities in over 65 countries and the best digital user experience in the industry.. We reported record online digital transaction growth during the 2019 holiday season and I look forward to highlighting additional growth rates in more detail shortly.. International markets in the fourth quarter comprised 62% of our money transfer revenue, maintaining strong momentum with revenue growth of 3% in the quarter.. That momentum continued into the early part of this year with January transaction growth accelerating from December.. For the past several years, we have