This will take effect in January 2026. It is projected to cost Kenyans in US an average of over Sh3bn annually.

Immigrants in the U.S. will have to pay a new tax on money sent to their home countries, which may push them toward ...

In the latest close session, Western Union (WU) was down 1.26% at $8.62. This change lagged the S&P 500's daily gain of 0.83%. On the other hand, the Dow registered a gain of 0.77%, and the technology ...

Consumers have lots of ways to send or receive money. You can write a check, load funds onto a prepaid card or use a peer-to-peer app, to take just three examples. If you want to transfer a large ...

Australia's financial crime watchdog ordered an external audit of Western Union Financial Services' local unit, after raising concerns over the money remitter's compliance with anti-money laundering ...

The sheriff said the imposter tries to get victims to withdraw money from their bank accounts and send it through Western ...

Dubey told Newsweek that many wealthy Indian immigrants split their financial assets, with roughly 70 percent staying in the ...

Walmart will pay $10 million to settle Federal Trade Commission charges that it failed to prevent scammers from using its ...

With MoneyGram, one of the largest money transfer providers, you can quickly send money online, on mobile app and at agent locations to over 200 countries.

Remittances are the money migrants living in the U.S. send back to family members in their home countries. They are a major source of income for some communities, including in Mexico, which is the ...

How to Start a Money Transfer Agency. A money-transferring agency transfers monies between two separate parties. Popular money-transferring agencies include PayPal and Western Union. The criteria ...

As reported by Reuters, Western Union agreed to a $586 million settlement in 2017 over similar allegations, while MoneyGram paid $125 million in 2021 for violating anti-fraud commitments. In each case ...