Western Union Co. announced Friday that it had won a $16.5 million jury verdict against its chief rival, MoneyGram International Inc., for infringing a patent on money transfers initiated by telephone ...

In a world filled with ATMs, tap-to-pay checkout, and automated bank deposits, MoneyGram and Western Union provide reliable money transfer options for millions of people without access to a bank ...

NEW YORK (Reuters) – Western Union Co (WU.N) said a federal jury in Texas has ordered a unit of MoneyGram International Inc (MGI.N) to pay it $16.5 million for patent infringement over a money ...

The coronavirus pandemic has made paper money literally a dirty word, causing a rush to digital payments that may be too fast for Western Union and MoneyGram to keep up with as separate companies.

Wire-transfer market leader The Western Union Co. issued a brief statement early Wednesday afternoon saying reports that it is in early talks to buy rival MoneyGram International Inc. “are not ...

A deal in the money-transfer sector may be in the works as Western Union eyes MoneyGram International. This would bring together the top two U.S. providers in that space according to Bloomberg. GET ...

Western Union Co, the world’s largest money transfer company, is not planning to buy its rival, MoneyGram International Inc. “Western Union states that current news reports indicating that our company ...

Western Union Co. has begun talks aimed at acquiring Dallas-based MoneyGram International Inc., a rival in the international money-transfer business, according to a report from Bloomberg News. But ...

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NEW YORK, Sept 25 (Reuters) - Western Union Co , a money transfer and payments company, said a federal jury in Texas has ordered a unit of MoneyGram International Inc to pay it $16.5 million for ...

Forbes contributors publish independent expert analyses and insights. I write about international payments. From a shareholder value and economic point of view, the deal makes sense for both parties.

Western Union made a takeover offer for MoneyGram, but no final decision has been made and Western Union could decide to proceed without a deal, according to the report. Western Union Co. is looking ...