Money transfers

Western Union is weighing sale of business payments unit

09/26/18

Western Union plans to begin soliciting potential suitors within weeks. No decision has been made and Western Union may decide to keep the business.

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Walmart may shift to CapOne; banks unhappy with Brexit

07/13/18

The change in store card branding would be a big blow to Synchrony; “equivalence” with EU rules “falls far short” of U.S. banks’ hopes.

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BBVA-backed fintech launches global bank account

03/26/18

Denizen is designed for expats and migrants to receive money and make payments without international transfer fees or currency exchanges.

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Walmart updates app to ease money transfers

02/28/17

The retailer is set to announce Tuesday that it is updating its app to allow its customers to input money transfer information electronically rather than having to fill out paperwork in the store.

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Money laundering enforcement: Lessons from the Western Union case

01/20/17

Documents filed in connection with a $586 million settlement reveal how certain agents for the global money transmitter enabled extensive fraud and money laundering.b

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N.Y. grants BitLicense to Coinbase amid firm's legal battle with IRS

01/17/17

Bitcoin exchange and digital wallet provider Coinbase has received a virtual currency and money transmitter license — commonly known as a BitLicense — from the New York State Department of Financial Services.

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