Tagged: western union

March 21, 2023 @ 9:21 pm By Omar Faridi  |  

Western Union (NYSE:WU) and MoMo announced a strategic collaboration “enabling customers to receive Western Union money transfers on the MoMo app.” It is reportedly the “first” time a money transfer operator’s services “have become available on a leading super app in Vietnam.” Key insights from… Read More

February 27, 2023 @ 10:31 pm By Omar Faridi  |  

Western Union (NYSE:WU)  and Beforepay (ASX: B4P) announced a first-of-its-kind collaboration, allowing consumers “to boost their cross-border money transfers by accessing reliable, ethical and affordable short-term lending.” Consumers can ‘Send Now, Pay Later’ by “borrowing up to AUD 2000 through Beforepay’s wage-advance product on Western… Read More

June 12, 2022 @ 5:49 pm By Omar Faridi  |  

Mambu, the cloud banking platform, has partnered with Western Union, a global “leader” in cross-border, cross-currency money movement and payments, in order to integrate its solution “into the latter’s next-generation real-time multi-currency digital wallet and digital banking platform in Europe.” Mambu will “enable Western Union… Read More

June 7, 2022 @ 9:13 am By JD Alois  |  

Marqeta (NASDAQ: MQ) is being utilized by Western Union (NYSE:WU) to boost its “next-generation real-time multi-currency digital wallet and digital banking platform in Europe.” Marqeta’s card issuing platform is said to allow Western Union’s remittance service to be offered online, with funds disbursed to a… Read More

April 30, 2022 @ 4:37 pm By Omar Faridi  |  

  Western Union (NYSE: WU) announced that it is expanding its collaboration with the UK Post Office in order to offer retail cross-border fund transfers. This alliance is reportedly part of the firm’s continued enhancement of its omni-channel offering, “serving its customers across the full… Read More

April 9, 2021 @ 8:07 pm By Omar Faridi  |  

Western Union, a leading provider of cross-border, cross-currency money transfer services, is teaming up with Pakistan’s Faysal Bank in order to improve its real-time bank account transaction network. Receivers of global money transfers in Pakistan can take advantage of Western Union’s real-time account payout feature… Read More

November 22, 2020 @ 1:38 pm By Omar Faridi  |  

Western Union (NYSE: WU) has reportedly acquired a 15% stake in Saudi Arabia’s Telecom’s digital payment division. Western Union, which is notably the largest money transfer company in the world, has confirmed that it has purchased a $200 million (or 15%) stake in the online… Read More

July 21, 2020 @ 10:07 am By Samantha Hurst  |  

Western Union (NYSE: WU) announced on Tuesday it has joined forces with  TrueMoney, a financial services provider, to expand its services into the Philippines. Western Union reported that through the partnership, customers will initially be able to receive money at select TrueMoney locations and eventually… Read More

June 2, 2020 @ 3:54 pm By Samantha Hurst  |  

Western Union (NYSE: WU) is reportedly seeking to acquire digital money transfer service MoneyGram (NASDAQ: MGI). The acquisition rumors come just a little over a month after Western Union announced the continued expansion of its Global Network for real-time money-movement and payments. MoneyGram describes itself… Read More

April 24, 2020 @ 8:49 am By Samantha Hurst  |  

Western Union (NYSE: WU) announced on Thursday the continued expansion of its Global Network for real-time money-movement and payments. Western Union reported that the Network has more than 550,000 agent locations across over 200 countries and territories (it now includes more than four billion bank… Read More

March 28, 2020 @ 1:30 pm By Omar Faridi  |  

Global money transfer service provider, Western Union (NYSE: WU), has launched a new feature called, “Digital Location,” which allows users to send and receive funds from their own homes. Western Union revealed that it’s testing out the combined telephone and video service, which allows users… Read More

March 15, 2020 @ 10:41 pm By Samantha Hurst  |  

Western Union (NYSE: WU) recently announced the launch of its WU Incoming Payments for Legal, which is geared towards small and medium-sized law firms to help manage the administration and foreign exchange volatility often associated with foreign invoices. According to Western Union, the new solution… Read More

January 28, 2020 @ 3:41 pm By Samantha Hurst  |  

Western Union (NYSE: WU) announced on Tuesday that it and La Banque Postale, the banking subsidiary of France’s postal services’ operator, La Poste Group, is now planning to expand its digital payments. Western Union reported that the integration of its global cross-border, cross-currency digital money… Read More

January 23, 2020 @ 9:37 pm By Omar Faridi  |  

Leading multinational payments firm Western Union (NYSE: WU) has teamed up with established India-based Airtel Payments Bank, in order to process remittance services. The partnership will allow Airtel Payments Bank clients to direct Western Union transactions into their individual bank accounts via the banking section… Read More

January 10, 2020 @ 10:07 am By Samantha Hurst  |  

Western Union (NYSE: WU) announced on Friday it has partnered with Du Xiaoman Financial (formerly fintech Baidu Finance) to launch Western Union international money transfers to be paid out in real-time into even more bank accounts in China.  According to the duo, the account payout… Read More

December 15, 2019 @ 10:41 pm By Samantha Hurst  |  

Western Union (NYSE: WU) announced last week it is launching its cross-border payment services in Japan. The company notably partnered with remittance company City Express to launch the service to enable global used-car customers to buy from BE FORWARD, which is one of Japan’s used-car… Read More

September 23, 2019 @ 10:20 am By Samantha Hurst  |  

Western Union (NYSE: WU), announced on Monday it was expanding its real-time cross-border platform to accelerate international consumer, consumer-to-business and business-to-consumer payments to eligible accounts, cards, and digital wallets. “Globally recognized for daily cross-currency management and settlement via its vast retail network across 20,000 corridors… Read More

June 23, 2019 @ 9:50 pm By Samantha Hurst  |  

The Western Union Company (NYSE: WU), a cross-border, cross-currency money platform, announced last week it has expanded its international payment services to Colombia. According to Western Union, the services being expanded are between its Western Union Business Solutions division and Acciones&Valores in Colombia, to offer the WU GlobalPay for… Read More

June 10, 2019 @ 11:11 am By Samantha Hurst  |  

The Western Union Company (NYSE: WU), a cross-border, cross-currency money platform, announced on Monday it teamed up with Techstars to launch the first class of the Western Union Accelerator Powered by Techstars. According to Western Union, the class roster of 10 early-stage companies reflects a… Read More

April 22, 2019 @ 3:43 pm By Samantha Hurst  |  

Money transfer service Western Union (NYSE: WU) announced earlier this month that its cross-border payments and foreign exchange risk management division, Western Union Business Solutions, has formed a new partnership with October, European lending platforms for small and medium enterprises (SME) to support international expansion… Read More