Posts filtered by tags: MoneyGram[x]


 

Ant Financial agrees to buy UK-based currency exchange WorldFirst: Reuters

Ant Financial has agreed to acquire UK-based currency exchange WorldFirst, a spokeswoman of the Chinese consumer finance giant said on Thursday, marking a successful western deal for the firm which saw a U.S. purchase blocked by regulators last year. WorldFirst CEO Jonathan Quin said in a letter sent out to clients that was seen by Reuters that the company “will continue to operate as a UK-headquartered and regulated business with global operations” while becoming a wholly-owned division of Ant ...
Tags: UK, Washington, China, Southeast Asia, Trends, Best, United States, M&a, Alipay, Financial Services, Financial Times, Reuters, U S, MoneyGram, Alibaba China, Jonathan Quin


Alibaba’s Ant Financial buys UK currency exchange giant WorldFirst reportedly for around $700M

Ant Financial, the financial services behemoth affiliated with Chinese e-commerce giant Alibaba, has made its first big move into Europe. It’s acquired London-headquartered payments company WorldFirst in a deal that sources tell us is valued at around $700 million. (That price would also line up with multiple reports from December claiming the two were in talks for an acquisition of around £550 million, or $717 million at current exchange rates.) This isn’t your average multi-hundred million ...
Tags: Amazon, TC, Asia, Europe, UK, London, Finance, China, Southeast Asia, US, San Francisco, Tech, Spokesperson, Banking, Economy, Companies


China’s Alipay digital wallet is entering 7,000 Walgreens stores

China’s payments heavyweights have been following tourists abroad as their home market gets crowded. Ant Financial, Alibaba’s financial affiliate with a said valuation of $100 billion, now sees its virtual wallet Alipay handling transactions at 3,000 Walgreens stores in the U.S. and is eyeing to reach a roster of 7,000 locations by April. The alliance will make it breezier for Chinese tourists eager to pick up vitamin supplements and cosmetics from the pharmacy giant, doing away the hassle of...
Tags: Food, Asia, Hong Kong, Japan, Finance, China, Digital, Tech, Walgreens, Canada, Malaysia, Alibaba, JD.com, Tencent, WeChat, Mobile Payments


Phone scammer tried to con William Webster, the only person ever to serve as director of both the CIA and FBI: it did not go well

Keniel A Thomas is part of the wave of violent phone scam gangs that have led to chaos in cities across the island; he made the mistake of trying to con the 90-year-old William Webster out of $50,000 with a hamfisted advance-fee fraud scam, not realizing that Webster is a top US spook, the only person ever to have served as chief of both the CIA and FBI. Webster brought in the FBI and strung Thomas along, recording several alarming death threats against Webster and his wife, and when Thomas...
Tags: Post, New York, News, California, Spooks, US, Fbi, Jamaica, Cia, Petard, Western Union, Thomas, Webster, MoneyGram, David Morgan, William Webster


What's moving markets today

Here's what investors are paying attention to, from Loews and Moneygram earnings to Brexit uncertainty.
Tags: Cnn, MoneyGram, Loews


How to Cash a Check If You Don’t Have a Checking Account

For many people, it can be difficult to imagine living without a checking account. But it’s the reality for the roughly 8% of Americans who are living “unbanked,” meaning they have no bank account whatsoever. In addition, a total of 28.3% of Americans are either unbanked or underbanked, which means they rely on alternatives to banks for financial services like check cashing. Unfortunately, living without a checking account is costly. Nearly every available service for cashing checks will impose...
Tags: Marketing, Walmart, Bank, Make Money, MoneyGram, Money Tips


MoneyGram exploring options, including potential sale: Reuters

(Reuters) – MoneyGram International Inc is exploring strategic alternatives, including a sale of the money transfer company, a year after a U.S. government panel nixed its $1.2 billion sale to China’s Ant Financial, people familiar with the matter said on Friday. The Dallas-based company’s shares have lost 83 percent of their value since the deal with Ant Financial collapsed in January 2018. In November, the company had to grapple with a $125 million financial penalty from U.S. regulators for fa...
Tags: China, Trends, United States, Dallas, Ant Financial, Reuters, Holmes, U S Justice Department, MoneyGram, Committee on Foreign Investment, Alex Holmes, PE Deals, Thomas H Lee Partners LP, Reuters MoneyGram International Inc


Exclusive: MoneyGram exploring options, including potential sale - sources

MoneyGram International Inc is exploring strategic alternatives, including a sale of the company, a year after a U.S. government panel nixed its $1.2 billion sale to China's Ant Financial, people familiar with the matter said on Friday.
Tags: Money, China, businessNews, MoneyGram, Moneygram International Inc


Alibaba taps Kabbage to loan up to $150K to SMBs after it quietly acquired OpenSky to ramp in North America

Alibaba’s long-term ambition to grow its business in the US is taking another step forward. To increase sales to US small businesses, the company has partnered with Kabbage, the Softbank-backed unicorn that provides loans to SMBs using big data and machine learning to determine eligibility faster than a traditional bank lender, to provide up to $150,000 of financing at the point of sale on Alibaba.com as part of a new program called Pay Later. The move comes on the heels of an interesting, if sl...
Tags: Amazon, TC, Ecommerce, Asia, Finance, China, Softbank, US, Tech, E-commerce, Alibaba, Dallas, Alipay, North America, Detroit, Jack Ma


Jailed 'Iceman' Hacker Now Charged With Drone-Smuggling Scheme Orchestrated From Prison

In 2010, Max Ray Butler received a 13-year prison sentence for "hacking" -- at the time, the longest one ever -- after stealing nearly 2 million credit cards and running up fraudulent charges over $86 million. But eight years into his sentence, he's now being charged with commiting five more counts of wire fraud while still in prison, as well as possessing stolen credit card numbers and contraband in prison, plus two more related counts of conspiracy. An anonymous reader quotes the Washington ...
Tags: Washington, Tech, Vision, Western Union, Butler, MoneyGram, Bureau of Prisons, Federal Correctional Center, Max Ray Butler, Iceman Max Ray Vision, Oakdale Louisiana, Oakdale FCC


United States: Money Transfer Company Settles AML Compliance Failure Charges - Cadwalader, Wickersham & Taft LLP

In 2009 and 2012, MoneyGram settled separate actions against it by the FTC and DOJ, respectively.
Tags: News, United States, Doj, Ftc, MoneyGram, Taft LLP


MoneyGram fined $125 million for failing to crack down on fraudulent money transfers

MoneyGram International has agreed to pay a penalty of US$125 million ($185m) to settle allegations from both the Federal Trade Commission and the Department of Justice that the company didn't do enough to prevent fraudulent money... [Author: [email protected]]
Tags: Business, US, Department Of Justice, Federal Trade Commission, MoneyGram, MoneyGram International


MoneyGram to pay $125 million in penalties tied to fraud case

By Tom Schoenberg, Bloomberg MoneyGram International, the cash-transfer company, agreed to pay $125 million in penalties to the U.S. Justice Department for violating the terms of a 2012 settlement related to accusations that some MoneyGram agents defrauded customers. The Justice Department, in documents filed in federal court in Pennsylvania on Thursday, said MoneyGram violated the terms of a 2012 settlement with the government by covering up weaknesses in its anti-fraud program. That led to the...
Tags: Business, Uncategorized, Sport, Soccer, Pennsylvania, Justice Department, Federal Trade Commission, U S Justice Department, MoneyGram, Investigative Reporting, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun


Baja California Bitcoin dealer, 21, charged

SAN DIEGO (CNS) - A 21-year-old bitcoin dealer from Baja California was ordered held without bail Friday in connection with a 31-count indictment charging him with international money laundering and other financial crimes related to his digital-currency transactions.Jacob Burrell Campos, of Rosarito, was arrested Monday as he tried to enter the U.S. from Mexico through Otay Mesa Port of Entry.During a bond hearing Friday in federal court in San Diego, Assistant U.S. Attorney Robert Ciaffa descri...
Tags: Hong Kong, News, Mexico, Taiwan, United States, San Diego, Baja California, Rosarito, U S Department of Treasury, MoneyGram, Burrell, Bitfinex, Baja California Bitcoin, Jacob Burrell Campos, Otay Mesa Port, Robert Ciaffa


Alibaba’s Ant Financial fintech affiliate raises $14 billion to continue its global expansion

Ant Financial, the financial services affiliate connected to Alibaba which operates the Alipay mobile payment service, has confirmed that it has closed a Series C funding round that totals an enormous $14 billion. The rumors have been flying about this huge financing deal for the past month or so, with multiple publications reporting that Ant — which has been strongly linked with an IPO — was in the market to raise at least $9 billion at a valuation of upwards of $100 billion. That turn...
Tags: China, Singapore, Tech, Alibaba, Bangladesh, Alipay, Temasek, Ant, MoneyGram, GIC, Eric Jing, General Atlantic Ant, Bloomberg Ant, U S deal setback Ant


Marqeta raised $45M led by Iconiq for payment card processing technology, reportedly at a $545M valuation

On the heels of payment processing startup Adyen pricing its IPO in Europe to raise $1 billion, another startup working in the area of digital payment processing has raised a significant growth round. Marqeta, a startup out of Oakland that works with businesses for payment-card related services, including instant card-based payments and issuing their own branded credit cards, has raised $45 million led by Iconiq. Marqeta says it plans to use its Series D to keep focusising on developing m...
Tags: TC, Europe, Ipo, Tech, Goldman Sachs, Api, Oakland, Max Levchin, Adyen, Kabbage, Gardner, Visa MasterCard, MoneyGram, Iconiq, Will Griffith, Marqeta


President Trump says he’s working to give ZTE a reprieve

In a remarkable development, President Trump has thrown an olive branch to controversial Chinese telecom firm ZTE . The company, which sells telcom network equipment and consumer devices including smartphones, said on Wednesday that it would cease its main business operations after the U.S. Department of Commerce announced a seven-year export restriction for the company, resulting in a ban on U.S. component makers selling to ZTE. The company has been banned from selling equipment in the U.S., ...
Tags: Google, Asia, North Korea, Senate, White House, China, Tech, Iran, Taiwan, Fbi, Policy, Xi Jinping, Commerce, House, Alibaba, Donald Trump


Qualcomm extends NXP deal deadline following concern from Chinese government

The ongoing saga continues. Qualcomm has once again postponed the deadline for completing its proposed acquisition of NXP following concerns voiced by the Ministry of Commerce in China. The deal was first announced in October 2016 and things seemed to be progressing when Qualcomm raised its offer this past January to take the value of the deal from $38 billion to $44 billion. The company sought to close the transaction by April 25, but that has now been extended to July 26 as Qualcomm has bee...
Tags: Asia, China, Tech, President, Alibaba, Huawei, Jack Ma, Qualcomm, Broadcom, Federal Trade Commission, Vivo, Trump, Ministry of Commerce, MoneyGram, Danny Crichton, NXP Semiconductors


Alibaba’s Ant Financial is reportedly raising billions more at a valuation of at least $100B

Ant Financial, the Alibaba affiliate that looks after the firm’s hugely popular Alipay service, is reportedly gearing up for an enormous funding round that could take its valuation to $100-$150 billion. The Wall Street Journal reported that Ant is in talks to raise upwards of $9 billion at the $100 billion mark, while Bloomberg suggested that Singapore’s sovereign fund Temasek is vying to lead a round of $10 billion at a valuation of $150 billion. Either round would make Ant the highest value...
Tags: Asia, China, Southeast Asia, Singapore, India, Tech, Bloomberg, Alibaba, Korea, Goldman Sachs, Ant Financial, Wall Street Journal, Temasek, MoneyGram, PayPal Ant


Ripple's XRP cryptocurrency plunges to its lowest levels since December

XRP was down 4.6%, as low as $0.4596 per coin, Friday. Bloomberg News reported this week that Ripple offered cash bribes to cryptocurrency exchanges to support XRP. You can track the price of XRP in real-time here. The price of Ripple's XRP cryptocurrency declined 4.5% Friday, slumping to $0.459 per token, its lowest price since December 13, 2017, according to historical data from CoinMarketCap.com . The world's third-largest cryptocurrency is now trading a full 86% below its all-time high ...
Tags: Trends, American Express, Santander, Rbc, Bloomberg News, MoneyGram, Winklevoss, Asheesh Birla VP


Santander is set to launch an international money transfer app with Ripple

Santander UK CEO: "This spring, if not one beats us to it, we will be the first large retail bank to carry out cross-border payments at scale with blockchain technology." Consumer app in partnership with Ripple set to be launched to customers in Spain, Brazil, UK, and Poland. LONDON — Santander is on track to launch an international money transfer app in partnership with fintech startup Ripple in the next few months, the bank's UK CEO has confirmed. Nathan Bostock told the International Fint...
Tags: UK, London, US, San Francisco, Trends, Goldman Sachs, Santander, Western Union, MoneyGram, Nathan Bostock, Ana Botin, UAE Exchange, Spain Brazil, International Fintech, Bostock, Spain Brazil UK


President Trump blocks the $117 billion Broadcom takeover of Qualcomm on national-security grounds (QCOM, AVGO)

President Trump issued an executive order Monday blocking Broadcom's takeover of Qualcomm. Trump said there is "credible evidence" that Broadcom "might take action that threatens to impair the national security of the United States." Broadcom is incorporated in Singapore and Qualcomm is based in San Diego. President Donald Trump on Monday blocked a Singapore-based company’s plans to acquire US chipmaker Broadcom for $117 billion, citing national-security concerns. The order effectively squel...
Tags: California, China, Singapore, US, Trends, United States, Alibaba, San Diego, Treasury, SEC, Donald Trump, Qualcomm, Delaware, Broadcom, Cayman Islands, Securities And Exchange Commission


Trump blocks $117 billion Broadcom takeover of Qualcomm on national-security grounds (QCOM, AVGO)

President Trump issued an executive order Monday blocking Broadcom's takeover of Qualcomm. Trump said there was "credible evidence" that Broadcom "might take action that threatens to impair the national security of the United States." Broadcom is incorporated in Singapore and Qualcomm is based in San Diego. President Donald Trump on Monday blocked a Singapore-based company’s plans to acquire US chipmaker Broadcom for $117 billion, citing national-security concerns. The order effectively sque...
Tags: California, China, Singapore, US, America, Trends, United States, Alibaba, San Diego, Treasury, SEC, Donald Trump, Qualcomm, Delaware, Broadcom, Cayman Islands


Ripple XRP is above $1 for the first time since January

Ripple's XRP cryptocurrency is above $1 for the first time since January.  The token is up 7% in the last 24 hours after Ripple said it had signed a new customer to its real-time payments product.  You can track the price of XRP in real-time here>> XRP, the third-largest cryptocurrency created by Ripple, is trading above $1 Monday for the first time since January 31. Designed for international payments and money transfers, XRP has had a wild ride in the past three months. The coin soared as ...
Tags: Amazon, Microsoft, US, Trends, Britain, Standard Chartered, Starbucks, Western Union, Brad Smith, Yahoo Finance, MoneyGram, UAE Exchange, Brad Garlinghouse, Ripple


ARE YOU LOOKING FOR A ONLINE HACKERS, FRIENDS DARE...

ARE YOU LOOKING FOR A ONLINE HACKERS, FRIENDS DARE. IF YOU NEED GENUINE AND PROFESSIONAL HACKING SERVICES CONTACT THEM AT: [email protected] They are a professional group of hackers based in Europe, Asia, United Arab Emirates, North America. They are the best hackers and software developers to penetrate any website, all other hackers get in touch with them to get the best Algorithm software. Their services are 100% guaranteed also with their penetration software impossible to track. They...
Tags: Travel, Facebook, Skype, MoneyGram, Blank ATM, Ronaldo Sophia, Europe Asia United Arab Emirates North America


ARE YOU LOOKING FOR A ONLINE HACKERS, FRIENDS DARE...

ARE YOU LOOKING FOR A ONLINE HACKERS, FRIENDS DARE. IF YOU NEED GENUINE AND PROFESSIONAL HACKING SERVICES CONTACT THEM AT: [email protected] They are a professional group of hackers based in Europe, Asia, United Arab Emirates, North America. They are the best hackers and software developers to penetrate any website, all other hackers get in touch with them to get the best Algorithm software. Their services are 100% guaranteed also with their penetration software impossible to track. They...
Tags: Travel, Facebook, Skype, MoneyGram, Blank ATM, Ronaldo Sophia, Europe Asia United Arab Emirates North America


ARE YOU LOOKING FOR A ONLINE HACKERS, FRIENDS DARE...

ARE YOU LOOKING FOR A ONLINE HACKERS, FRIENDS DARE. IF YOU NEED GENUINE AND PROFESSIONAL HACKING SERVICES CONTACT THEM AT: [email protected] They are a professional group of hackers based in Europe, Asia, United Arab Emirates, North America. They are the best hackers and software developers to penetrate any website, all other hackers get in touch with them to get the best Algorithm software. Their services are 100% guaranteed also with their penetration software impossible to track. They...
Tags: Travel, Facebook, Skype, MoneyGram, Blank ATM, Ronaldo Sophia, Europe Asia United Arab Emirates North America


Ripple’s XRP is up more than 50% from this week’s low

XRP, the cryptocurrency made by Ripple for international money transfers, is trading around $0.90 a coin, up about 60% from its low of $0.56 hit less than a week ago. The third-largest cryptocurrency has had an exhausting February, beginning the month with a dramatic plunge. XRP is currently trading at less than a third of its all-time high of $3.31, set just after the new year. Ripple, which uses XRP to power its cross-border liquidity and settlement products, has tried to quell some of the...
Tags: Microsoft, US, Trends, Standard Chartered, Brad Smith, MoneyGram


Contact Email: [email protected] When peo...

Contact Email: [email protected] people say hackers are not reliable or they are not real I laugh at them aloud. I was introduce to competent hacker. When I had marital issues with my husband, he help me hacked into his Facebook account. I couldn't believe it when he did it in 5-6 hours. He is very good, professional, certified and trustworthy. He offer other hacking services Facebook, Paypal money adder software, Criminal record clearing, Western Union and MoneyGram hacks, Bank ...
Tags: Travel, Facebook, Bank, Western Union, MoneyGram, Cole, Facebook PayPal, WhatsApp Instagram


25 Important Travel Safety Tips Everyone Should Know

Travel Safety Tips to Keep You Safe Travel Tips After traveling the world for the past 7 years, I’ve learned a lot about staying safe – sometimes the hard way. Here are my best travel safety tips for avoiding trouble on your next trip. Nothing ruins an adventure quicker than getting scammed or robbed! In Panama, some women distracted me while my laptop was stolen from my backpack. I figured it was gone forever, until incredibly, this happened 3 months later. I got lucky. In Mexico, a pickpoc...
Tags: Travel, Google, Facebook, Mexico, Wikipedia, Barcelona, Thailand, Canada, Palestine, Miami, State Department, Greenland, Johannesburg, Anna, Madrid, Travel Tips