western union

Banks Embrace Real-Time Data Connectivity With Third-Party FinTechs
Banks Embrace Real-Time Data Connectivity With Third-Party FinTechs
June 18, 2020  |  B2B Payments

With a focus on expanding functionality for business customers, financial institutions (FIs) this week turned to FinTechs that could facilitate real-time data connectivity and analysis....

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Today In Payments: Starbucks Offers Leave Of Absence For Baristas; Western Union Eyes Buying MoneyGram
Today In Payments: Starbucks Offers Leave Of Absence For Baristas; Western Union Eyes Buying MoneyGram
June 02, 2020  |  News

In today’s top news, Starbucks offers a leave of absence option to employees impacted by reduced café hours, and Western Union makes a takeover offer...

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WU’s (Maybe) Bid For MoneyGram: Critical Mass In Digital C2C Pivot?
WU’s (Maybe) Bid For MoneyGram: Critical Mass In Digital C2C Pivot?
June 02, 2020  |  Partnerships / Acquisitions

The recession is upon us, and as consumers stash the cash, and wallets are walloped, a seismic shift may be brewing in the money transfer...

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Western Union: C2C Digital Transactions Hit 10-Year Record High For May
Western Union: C2C Digital Transactions Hit 10-Year Record High For May
June 02, 2020  |  Digital Payments

Western Union Co. said that while the payment platform saw transactions fall by 30 percent at the peak of the coronavirus pandemic in March and...

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Western Union Eyes Buying MoneyGram
Western Union Eyes Buying MoneyGram
June 01, 2020  |  Acquiring

Western Union could be looking to acquire MoneyGram in a transaction that would unite two of the country’s largest money transfer services, according to Bloomberg....

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The (Digital) Transformation Of Remittances, Bit By Byte
The (Digital) Transformation Of Remittances, Bit By Byte
May 14, 2020  |  Payment Methods

The pandemic has kept us all home — and for firms that have depended on walk-in business, transactions have slowed, or simply stopped. That’s certainly...

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Looking Beyond The Biggest Banks For SMB Relief
Looking Beyond The Biggest Banks For SMB Relief
May 14, 2020  |  B2B Payments

The Paycheck Protection Program (PPP) has dealt some difficult lessons, even to the largest Main Street lenders, as financiers struggle to meet demand, seamlessly process...

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Western Union Temporarily Halves Fees For Essential Workers
Western Union Temporarily Halves Fees For Essential Workers
May 07, 2020  |  Digital Payments

Western Union is offering a 50 percent discount for essential workers utilizing its payment services, according to a press release issued on Thursday (May 7). Western...

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Western Union Weathers Uncertainty With Digital Acceleration
Western Union Weathers Uncertainty With Digital Acceleration
May 06, 2020  |  Earnings

As has been the trend with earnings reports this quarter, COVID-19 and its global economic effects took center stage when Western Union reported its Q1...

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