Alex Holmes Joins Brightwell's Board to Enhance Cross-Border Payment Solutions

Brightwell Welcomes Alex Holmes to Its Board of Directors

Brightwell, a prominent global payments technology firm, has recently appointed Alex Holmes, the former Chairman and CEO of MoneyGram, to its Board of Directors. This strategic move comes at a time when there is an increasing demand among banks and credit unions for embedded cross-border payment solutions.

With over three decades of experience in the payments and financial services sector, Holmes is known for leading MoneyGram through a significant transformation that emphasized digital growth and regulatory compliance. His background aligns perfectly with Brightwell's objective to support financial institutions in providing secure and efficient cross-border payment experiences.

Larry Hipp, CEO of Brightwell, remarked on the importance of Holmes's appointment, stating that it signifies the company’s commitment to strengthening its leadership as it embarks on a new phase of growth. "As we integrate additional financial institutions into our platform and broaden our service offerings, Alex’s extensive knowledge in driving digital adoption and managing global regulations will be indispensable," Hipp noted.

Brightwell aims to enable banks and credit unions to seamlessly incorporate cross-border payments into their digital banking platforms. This approach allows customers to send money internationally without navigating away from their main banking channels. By doing so, Brightwell not only enhances customer engagement but also fosters new revenue opportunities while minimizing operational complexities.

Holmes expressed his enthusiasm about joining Brightwell during a pivotal moment when financial institutions are reassessing how they provide modern payment services. He remarked, "Brightwell's embedded approach assists banks and credit unions in connecting with their clients within their available banking channels. I am eager to help the team expand its reach and deliver trusted cross-border payment solutions."

Beyond his leadership at MoneyGram, Holmes has served on various boards and as a strategic advisor in the fintech space, promoting innovation across payment infrastructures and secure transaction systems. His expertise in navigating global operations and regulatory landscapes will be crucial as Brightwell scales its operations and meets the growing market demand for efficient payment solutions.

As a platform, Brightwell is defined by its commitment to secure and efficient cross-border transactions. The company processes a substantial volume of international payments yearly, helping financial institutions unlock new growth avenues while meeting diverse customer needs.

For more information about Brightwell and its new leadership initiatives, visit Brightwell's Official Website.

Brightwell is recognized as a technology provider, distinct from traditional banks, and emphasizes that its international transfer services are facilitated by The Bancorp Bank, N.A. Regulations and terms apply accordingly.