WU Western Union Company

Western Union and Woodforest National Bank Renew Agreement to Offer Global Money Transfer Services

customers can now take advantage of both retail and digital money transfer capabilities through (NYSE: WU) thanks to a renewed agreement between the two companies.

With this renewal, Woodforest National Bank consumers continue to have access to Western Union money and bill payment services via the bank’s branches, as well as online capabilities via the bank’s website and mobile app. Woodforest National Bank, headquartered in The Woodlands, Texas, operates in 17 states throughout the U.S.

"Providing value is an essential part of consumers’ financial services experience, particularly when it comes to retail and online banking," said Molly Shea, Head of Western Union’s North America business.

“For more than a decade, Western Union and Woodforest National Bank have worked together to bring consumers speed, choice and reliability when conducting money transfer and bill payment services. Our partnership with Woodforest National Bank significantly increases the availability of these services, offering both in-branch and online services to give customers choice and convenience when conducting their financial business,” Shea concluded.

Western Union offers banks a cost-effective and reliable way to meet consumer demand to send money from bank accounts to be paid out almost anywhere in the world. The company’s cross-border, cross-currency platform and global financial network reaches 200 countries and territories worldwide, giving customers the ability to move money to family and friends virtually anywhere. Customers have the option to have their money transfers paid out in minutes across a substantial network of retail locations or into billions of bank accounts, including millions of wallets and cards worldwide.

“One of our greatest assets we provide for our customers is the ability to offer multiple financial services across multiple platforms, providing ease and convenience, no matter when or where they need to conduct their transactions,” said Julie Mayrant, President and Chief Retail Officer, Woodforest National Bank. “Western Union has played a vital role in our ability to do so, providing critical cross-border money transfer and bill payment capabilities to our customers over both retail and digital channels. We are excited to continue our relationship with them and offer Western Union services to our customers.”

About Western Union

The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. Western Union’s platform provides seamless cross-border flows and its leading global financial network bridges more than 200 countries and territories and approximately 130 currencies. We connect consumers, businesses, financial institutions and governments through one of the world’s widest reaching networks, accessing billions of bank accounts, millions of digital wallets and cards and a substantial global network of retail locations. Western Union connects the world to bring boundless possibilities within reach. For more information, visit .

WU-G

EN
17/08/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Western Union Company

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

 PRESS RELEASE

Western Union and urpay Collaborate to Offer International Money Trans...

RIYADH, Saudi Arabia--(BUSINESS WIRE)-- and today announced the launch of international money transfer services in the urpay wallet, enabling customers to seamlessly send money to friends and family globally. The move aims to contribute towards Saudi Arabia’s ongoing efforts to build an inclusive digital economy as part of its Vision 2030. This press release features multimedia. View the full release here: Left to right: Giovanni Angelini, President, Europe, Middle East, and Africa at Western Union and Abdullah Al-Ibrahim, CEO, NeoLeap (Photo: Business Wire) urpay, launched in 2021, is Saud...

 PRESS RELEASE

Western Union to Present at the Wolfe Fintech Forum on March 11th

DENVER--(BUSINESS WIRE)-- The Western Union Company (NYSE: WU) today announced that the Company will present at the Wolfe Fintech Forum on Tuesday, March 11th. The presentation will begin at 8:00 a.m. Eastern Time and will include comments from Matt Cagwin, Chief Financial Officer. Investors and interested parties will be able to listen to the investor presentation via webcast from , under the investor relations section. The archived webcast will be available shortly after the conclusion of the presentation. About Western Union The Western Union Company (NYSE: WU) is committed to helping...

 PRESS RELEASE

Western Union and Penny Pinch Launch International Money Transfer Serv...

CASTRIES, Saint Lucia--(BUSINESS WIRE)-- Western Union and Penny Pinch today announce that they have launched international money transfer services in the Penny Pinch app. The co-branded service enables customers in the country to send and receive money globally, based on their convenience and needs. Penny Pinch is Eastern Caribbean’s leading digital wallet provider. Today’s announcement means Penny Pinch customers can now receive money from their loved ones into the wallet seamlessly through Western Union’s vast global network, which spans over 200 countries and territories. They also have ...

 PRESS RELEASE

Western Union Reports Fourth Quarter and Full Year 2024 Results

DENVER--(BUSINESS WIRE)-- The Western Union Company (the “Company” or “Western Union”) (NYSE: WU) today reported fourth quarter and full year 2024 financial results. The Company’s fourth-quarter revenue of $1.1 billion increased 1% on a reported basis. The revenue increase was driven by growth in Consumer Services and Branded Digital. Results included a lower contribution from Iraq compared to the prior year period, which negatively impacted the revenue growth rate by 3 percentage points. “We concluded 2024 with a solid performance, marking our third consecutive quarter of positive adjuste...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch