On March 7, 2011, MoneyGram entered into a Recapitalization Agreement with THL, as the holder of all of the B Stock, and Goldman Sachs, as the holder of all of the B-1 Stock. MoneyGram wired transfer implemented many changes to its technology platforms designed to prevent or detect suspicious transactions. MoneyGram International, one of the leading companies in the global money transfer market, has announced that its customers in Israel can now send and receive money transfers in Euro. The benefits of money transfers by MoneyGram: the payment of transfers is made in cash. MoneyGram offers an efficient, fast and secure way to send money around the world. It is very convenient and quick to transfer money without opening accounts and having no payment cards, precisely due to this wired transfer system MoneyGram has become one of the most common worldwide. MoneyGram completed the rollout of simplified pricing for money transfer services in the U.S., an initiative that began last year.