Digital Transfer news and trends

MoneyGram to Pay $8.25M Fine in NYDFS Settlement

March 16, 2022
Western Union’s Digital Money Transfer Business Now 24% of C2C Revenues
Earnings // February 10, 2022

Western Union posted fourth-quarter results that showed continued momentum in digital transactions, up double-digit percentages year over year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Venmo Raises Rate For Instant Transfers
Faster Payments // 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 email Venmo sent to users late last week said the fee is going up to...

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MoneyGram to Pay $8.25M Fine in NYDFS Settlement

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to […]

Venmo Raises Rate For Instant Transfers

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...