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MoneyGram Joins Alibaba Affiliate Ant Financial

MoneyGram Joins Alibaba Affiliate Ant Financial

Ant Financial, an Alibaba affiliate formerly known as Alipay and operator of the Alibaba payment platform, announced that it will be purchasing American money transfer company, MoneyGram, for $880 million USD.
By Andrea Barnes | Friday, January 27th, 2017 | US
Western Union Fined - Will Startups Be Next?

Western Union Fined - Will Startups Be Next?

Money transfer company Western Union agreed to pay $586 million in fines and to enter into agreements with the Justice Department, the Federal Trade Commission (FTC) and several U.S. Attorney's offices throughout the United States. Is the investigation into Western Union cause for concern for rapidly expanding fintech startups?
By Andrea Barnes | Friday, January 20th, 2017 | US

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