Tagged: western union

Western Union Announces Expansion of International Payment Services in Colombia

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

Western Union Teams Up With Techstars to Launch First Accelerator Class

Fintech

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

Western Union Business Solutions Forms New Partnership With European Online Lender October to Support International Expansion & Cash Flow Optimization

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

Western Union and Thunes Partner on Mobile Wallets

Western Union (NYSE:WU), an old tech cross-border payment company has teamed up with Thunes (TransferTo Mobile Financial Services Ltd) to enable Western Union customers to send funds directly into mobile wallets around the world. Thunes connects diverse payment systems so unbanked or underbanked users gain access… Read More

Amazon Launches New Payment Option For International Shoppers With Western Union

Western Union announced on Wednesday it has partnered with online retailing giant Amazon to launch a new payment option that will allow international shoppers to pay in person, in local currency where available, for their online purchases.  According to the duo, Western Union’s money movement platform… Read More

Ripple Admits Its Expedited Banking Network, xRapid, “Hasn’t Gotten There Yet”

For several weeks, the CEO of Ripple, Brad Garlinghouse, has been publicly calling out Bitcoin. The Ripple vs. Bitcoin rivalry goes all the way back to 2012, when Ripple’s founders developed the company’s services specifically to service the banks and cross-border remittance firms Bitcoin was… Read More

Western Union Continues UK Expansion: Retailer Debenhams to Now Offer Western Union Global Money Transfer

Western Union announced on Monday that retailer Debenhams will help it expand into the UK by now offering global money transfer to more than 200 countries and territories from 112 stores nationwide with travel money bureaux. According to Western Union, customers will have the choice to… Read More

New Online Lender Upgrade Hires Former Western Union Exec as General Counsel

Upgrade, Inc., the new consumer online lender launched by LendingClub founder Renaud Laplanche, has announced the appointment of John Dye as General Counsel. Dye migrates over to the Fintech firm from Western Union where he was Executive Vice President, General Counsel and Secretary of the… Read More

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