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 ...

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 ...

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 ...

MoneyGram has nothing to add to rumors around its possible acquisition by Western Union, saying it doesn’t comment on speculation. MoneyGram has nothing to say about rumors swirling in the media about ...

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MoneyGram (MGI) shares are up nearly 30% following reports that it's in acquisition talks with Western Union (WU). MoneyGram's stock spiked in after-hours trading on Tuesday after Bloomberg first ...

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.

Shares of MoneyGram International Inc. surged as much as 41 percent Wednesday after a report that Western Union Co. was in talks to acquire its Dallas-based rival. The stock pared much of those gains, ...

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 ...

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 ...