Western Union posted fourth-quarter results that showed continued momentum in digital transactions, up double-digit percentages year over year. Consolidated top line for the period was $1.3 billion, up 2% year over year as measured on a constant currency basis. Economic headwinds persist, however. Fourth-quarter revenue...
Venmo, the digital payment unit of PayPal, has raised the fee for instant transfers when moving money from their account to a traditional bank account, according to reports. Reports citing an email Venmo sent to users late last week said the fee is going up to...
March 16, 2022
MoneyGram announced Wednesday (March 16) that it has reached a final agreement to settle a legacy enforcement matter with the New York Department of Financial Services, a company release said, and will pay a penalty of $8.25 million. “We’re pleased that this legacy matter from many years ago is now behind us,” said Alex Holmes, […]
October 14, 2018
Venmo, the digital payment unit of PayPal, has raised the fee for instant transfers when moving money from their account to a traditional bank account, according to reports. Reports citing an...