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 ...

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.

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 ...

Money transfer firm Western Union has made a takeover offer to MoneyGram International, according to a report by Bloomberg. Citing a source familiar with the process, Bloomberg reported that while a ...

A report suggesting Western Union Co. is in preliminary talks to buy Moneygram International Inc. is sure to raise some eyebrows, particularly because antitrust regulators objected to a tie-up between ...

Media speculations are rife that the world’s leading money transfer company Western Union Co. WU is trying to acquire MoneyGram International Inc. MGI. MoneyGram, with a market capital of ...

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 ...

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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 Co. denied it is in talks to acquire rival money-transfer company MoneyGram International Inc. Both stocks had surged late Tuesday on media reports that the companies were in talks to ...

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 ...