western union

South Korea to Access Western Union with ICB App For Cross-Border Payments
South Korea to Access Western Union with ICB App For Cross-Border Payments
March 29, 2022  |  Cross-border Payments

Western Union has launched its transfer services in South Korea with FinTech ICB Co. Ltd.’s mobile app, the international cross-currency money mover announced Monday (March...

READ MORE >
Western Union Business Solutions Now Convera, Says is Largest Non-Bank Global B2B Payments Platform
Western Union Business Solutions Now Convera, Says is Largest Non-Bank Global B2B Payments Platform
March 01, 2022  |  Acquisitions

Goldfinch Partners and The Baupost Group have reached the initial closing in their acquisition of Western Union Business Solutions (WUBS) for $910 million, the two...

READ MORE >
Western Union, Travel Wallet Team on Remittances in S. Korea
Western Union, Travel Wallet Team on Remittances in S. Korea
February 15, 2022  |  Partnerships

Western Union, which works in cross-border and cross-currency payments, announced Tuesday (Feb. 15) that it has teamed with Travel Wallet to offer money transfer services...

READ MORE >
Western Union’s Digital Money Transfer Business Now 24% of C2C Revenues
Western Union’s Digital Money Transfer Business Now 24% of C2C Revenues
February 10, 2022  |  Earnings

Western Union posted fourth-quarter results that showed continued momentum in digital transactions, up double-digit percentages year over year. Consolidated top line for the period was...

READ MORE >
Western Union Teams With Ukraine, CIS Institutions on Cross-Border Payments
Western Union Teams With Ukraine, CIS Institutions on Cross-Border Payments
December 15, 2021  |  Cross-border Payments

Western Union will be working with major Ukraine financial institutions and across the Commonwealth of Independent States (CIS) to boost cross-border payments, according to a...

READ MORE >
Western Union CEO Ersek Retiring; Devin B. McGranahan Taking Reins
Western Union CEO Ersek Retiring; Devin B. McGranahan Taking Reins
November 15, 2021  |  Personnel

Western Union CEO Hikmet Ersek is retiring at the end of 2021 after 21 years and handing the reins to Devin B. McGranahan following a...

READ MORE >
Western Union Expands Mastercard Partnership to Advance Global Services
Western Union Expands Mastercard Partnership to Advance Global Services
November 12, 2021  |  Mastercard

Western Union and Mastercard are expanding their 10-year digital partnership to deliver more choice and convenience to customers around the world making payments and cross-border...

READ MORE >
WU: On Track to Launch Digital Bank Pilot by Year’s End
WU: On Track to Launch Digital Bank Pilot by Year’s End
November 02, 2021  |  Earnings

The Western Union Company (WU) touted its upcoming Germany and Romania digital banking pilot in its third quarter earnings results, according to a press release....

READ MORE >
Western Union Launches WU Shop
Western Union Launches WU Shop
November 02, 2021  |  Retail

Western Union on Tuesday (Nov. 2) announced the launch of shopping platform WU Shop in Germany and Austria with plans to roll it out in...

READ MORE >