Moneygram International

91 results about this entity

Period: 13 Dec 2007 - 31 Oct 2024

Moneygram pays $100m to settle wire fraud charges

Moneygram has agreed to pay $100 million to settle US charges that it criminally aided and abetted wire fraud and failed to maintain an effective anti-money laundering programme.

MoneyGram wins Western Union patent ruling appeal

MoneyGram has won an appeal against a patent infringement judgement that saw it ordered to pay rival outfit Western Union $16.53 million.

MoneyGram builds European network with Blue Dolphin acquisition

MoneyGram International has acquired Belgian-based Blue Dolphin Financial Services as part of a plan to create its own European network and take advantage of the Payments Services Directive (PSD). Financial terms of the deal were not disclosed.

MoneyGram ordered to pay Western Union $16.5m in patent case

A federal jury in Texas has ordered MoneyGram to pay rival outfit Western Union $16.53 million in damages for patent infringement.

MoneyGram expands Middle East presence with NCB ATM remittance deal

National Commercial Bank (NCB), the largest bank in the Middle East, is to offer MoneyGram's international money transfer service at 1400 ATM locations in Saudi Arabia.

Euronet ends MoneyGram pursuit

E-payments processor and ATM operator Euronet Worldwide says it will not launch a new bid to acquire fund transfer outfit Moneygram due to the slowdown in the debt and equity markets.

Euronet bids for Moneygram

Electronic payments processor and ATM operator Euronet Worldwide says it made a bid to acquire fund transfer outfit Moneygram for $1.65 billion in stock but the takeover offer was rebuffed.