Western Union

Mobile banking lets consumers easily manage their financial lives from anywhere, anytime, but plenty of people are a little wary about giving it a shot. Let DailyFinance help: Here's our primer on the mobile banking basics.

In a joint effort with PayPal, Facebook launched a new app this week that could remake the money-transfer business. We test drove Send Money, a cheap -- sometimes free -- method for moving funds between you and members of your social network.

New warnings are being issued across the country about a scam that targets grandparents who are tricked into believing a grandchild is in trouble. The most recent warnings were issued this week after three Idaho seniors lost thousands of dollars and a Maine grandfather nearly fell prey to the...

The recent fleecing of a Consumer Ally reader by a bogus online lender underscores a basic rule of the road when trying to avoid getting scammed: Never, ever wire money to someone you don't know. The victim, whom we'll call Miranda due to her wish to remain anonymous, learned that painful lesson...

Sandra Feldman was sure it was her grandson, Graham, on the phone. He said he was in Spain. And he was in trouble. It was 9 a.m. and Feldman, 75, who lives in Chicago, knew her grandson should be at school in Colorado. But he said he'd jumped on a flight with a friend who'd won plane tickets....

Young adults suffering through the Great Recession are having serious problems getting a handle on their spending, credit and debt woes, according to a new survey out from Western Union. The survey, officially called the Western Union Global Payments Money Mindset Index, offers a great peek into...

Money transfer giant Western Union reported a 6.6% profit decline from a year ago, but its uninspired outlook for 2010 scared investors most, sending its stock price down more than 9.5% in early morning trading.

Expect Western Union to report 4Q 2009 results at or slightly above expectations on Wednesday. With profit margins declining, guidance the company offers for 2010 will be key to how the market reacts.

Western Union (WU) is expanding into the business of prepaid debit and credit cards, and Wyclef Jean is selling them softly with his song and his star power. Jean, the Grammy-winning rapper and former Fugee, is helping the money-sending service launch a co-branded prepaid Visa gift card, just in...

It's no secret that fraud is on the rise these days, and the troubled economic times have led even more people to latch on to the possibility of a quick buck. One common scam is a form of wire transfer fraud known as advance fee fraud, in which the mark is given a check for a large amount, asked to...