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 ...

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.

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 ...

Remittance is one such basic service which people need to use to get their personal and professional lives moving. There are immigrants working in the developed countries who need to send money to ...

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 ...

A new player in the sector is Xoom Corp (NASDAQ:XOOM), which focuses mainly on digital C2C international money transfer, operating in 30 countries. Like Western Union and MoneyGram, Xoom Corp ...

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