reports
Western Union Foundation Awards 70 Scholarships to International and I...
DENVER--(BUSINESS WIRE)-- The Western Union Foundation is proud to announce this year’s cohort of 70 scholarship award winners, consisting of international and immigrant students representing 33 countries of origin, studying in 8 countries, and spanning 32 different universities. The Western Union Foundation has supported international students with “Global Scholarships” since 2016 and has granted more than 600 scholarships to date. It is a program that is especially meaningful to Western Union, as well as its employees, partners and agents that contribute to help students who, like many of ...
Western Union Launches Media Network Business Offering Brands Unparall...
DENVER--(BUSINESS WIRE)-- Western Union today announced a new line of business offering companies a new way to connect and engage with a diverse, multicultural audience of millions of global consumers. “For more than a century and a half, people around the world have trusted Western Union as their means to connect across borders through the power of money movement,” said Bob Rupczynski, Chief Marketing Officer, Western Union. “Our intimate knowledge and long-tenured relationships with our customers are unique differentiators and a driving force behind our new Media Network business.” “We are...
Singtel and Western Union Announce Agreement on Sale of Dash
SINGAPORE--(BUSINESS WIRE)-- Singtel and Western Union today announce that they have signed a conditional agreement on the sale of Dash. The sale is subject to regulatory approvals. Dash customers will continue to have access to all existing services in the meantime. Dash is Singapore’s leading all-in-one mobile wallet that lets customers pay, remit, save, invest and insure from one app. Launched in 2014, it has over 1.4 million users and is available to everyone regardless of their telco or banking relationship. The sale is part of Singtel’s ongoing measures to simplify its structure and por...
Western Union Reports Third Quarter 2024 Results
DENVER--(BUSINESS WIRE)-- The Western Union Company (the “Company” or “Western Union”) (NYSE: WU) today reported third quarter 2024 financial results. The Company’s third-quarter revenue of $1.04 billion decreased 6% on a reported basis. The revenue decline was driven by lower contribution from Iraq compared to the prior year period, which negatively impacted the revenue growth rate by 7 percentage points, partially offset by growth in Branded Digital and Consumer Services. “We are pleased with third quarter results, which demonstrate continued progress of our Evolve 2025 strategy,” said Dev...
Western Union to Release Third Quarter 2024 Results on October 23
DENVER--(BUSINESS WIRE)-- The Western Union Company (NYSE: WU) announced today that Chief Executive Officer, Devin McGranahan, and Chief Financial Officer, Matt Cagwin, will host a webcast and conference call to discuss third quarter 2024 results on October 23, at 4:30 p.m. ET. A press release highlighting the financial results will be issued at approximately 4:05 p.m. ET the same day. The webcast and presentation will be available at . A replay of the webcast will be available shortly after the event. To listen to the conference call via telephone in the U.S., dial +1 (719) 359-4580 15 minu...
Western Union and Khipu Introduce New Digital Payment Method in Chile
SANTIAGO, Chile--(BUSINESS WIRE)-- today announced an agreement with Khipu, providing customers the ability to send money digitally using any bank account across the country. “Western Union remains committed to providing the best possible experience to its customers, one that addresses choice, speed and convenience when sending money cross-border. We are excited to team up with Khipu and integrate their technology into our website and mobile app to create a more efficient and seamless process for our customers," commented Priscila Nogueira, Western Union Country Director, Chile. Previously,...
Western Union to Present at the Goldman Sachs Communacopia + Technolog...
DENVER--(BUSINESS WIRE)-- The Western Union Company (NYSE: WU) today announced that the Company will present at the Goldman Sachs Communacopia + Technology Conference on Wednesday, September 11th. The presentation will begin at 3:45 p.m. Pacific Time and will include comments from Devin McGranahan, Chief Executive 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 ...
Western Union Reports Second Quarter 2024 Results
DENVER--(BUSINESS WIRE)-- The Western Union Company (the “Company” or “Western Union”) (NYSE: WU) today reported second quarter 2024 financial results. The Company’s second-quarter revenue of $1.07 billion decreased 9% on a reported basis or decreased 7% on an adjusted basis. The revenue decline was driven by lower contribution from Iraq compared to the prior year period as well as the sale of Business Solutions. Iraq negatively impacted the adjusted revenue growth rate by 7 percentage points. “This quarter we reported positive adjusted revenue growth for the first time since 2021, excludi...
Western Union Announces $0.235 Quarterly Dividend
DENVER--(BUSINESS WIRE)-- The Western Union Company (NYSE: WU) announced today that its board of directors declared a quarterly cash dividend of $0.235 per common share, payable September 30, 2024, to stockholders of record at the close of business on September 16, 2024. About Western Union The Western Union Company (NYSE: WU) is committed to helping people around the world who aspire to build financial futures for themselves, their loved ones and their communities. Our leading cross-border, cross-currency money movement, payments and digital financial services empower consumers, businesse...
Western Union Named Official Money Transfer Partner of the Mexican Men...
NEW YORK--(BUSINESS WIRE)-- The Federación Mexicana de Futbol (FMF) and Soccer United Marketing (SUM) today announced an agreement between Western Union and the Mexican Men’s National Team naming the financial services provider as a new official partner during the team’s annual “MexTour” which includes matches across the United States. On the road to the 2026 FIFA World Cup in North America, the Mexican Men’s National Team is embarking on a three-year period of highly anticipated matches and tournaments as “El Tricolor” prepares to play on the biggest stage in fútbol. Western Union’s collabo...
Western Union 2023 ESG Report Highlights Company Progress to Serve Asp...
DENVER--(BUSINESS WIRE)-- Western Union exists to transform lives and communities by enabling financial inclusion for people everywhere. Today, the company released its annual Environmental, Social and Governance (ESG) Report showcasing the link between the company’s mission, its business strategy and its impact on supporting financial mobility around the world. For more than 170 years, people around the world have trusted Western Union to connect them with friends and family. The company continues to evolve and help customers adapt to an ever-changing world by increasing access to its produ...
Western Union to Release Second Quarter 2024 Results on July 30
DENVER--(BUSINESS WIRE)-- The Western Union Company (NYSE: WU) announced today that Chief Executive Officer Devin McGranahan and Chief Financial Officer Matt Cagwin will host a webcast and conference call to discuss second quarter 2024 results on July 30, at 4:30 p.m. ET. A press release highlighting the financial results will be issued at approximately 4:05 p.m. ET the same day. The webcast and presentation will be available at . A webcast replay will be available shortly after the event. To listen to the conference call via telephone in the U.S., dial +1 (719) 359-4580 15 minutes prior t...
Western Union Launches First Concept Store in Morocco
CASABLANCA, Morocco--(BUSINESS WIRE)-- today launched its first “concept store” in Morocco, in collaboration with . Located in the satellite city of Errahma, the store offers a unique, Western Union-branded experience to customers as they send and receive money internationally. The launch also makes it the first Western Union concept store to open in Africa. It marks a significant milestone in the Company’s ‘Evolve 2025’ strategy for the country and the continent. “We are thrilled to launch our first concept store in Africa - right here in Morocco,” said Mohamed Touhami el Ouazzani, Regiona...
Western Union lance son premier “concept store” au Maroc
CASABLANCA--(BUSINESS WIRE)-- a lancé aujourd'hui son premier "concept store" au Maroc, en collaboration avec . Situé dans la ville satellite d'Errahma, le store offre une expérience unique aux clients lorsqu'ils envoient et reçoivent de l'argent à l'international. Ce lancement en fait également le premier concept store de Western Union à ouvrir en Afrique. Il marque une étape significative dans la stratégie ‘Evolve 2025’ de l'entreprise pour le pays et le continent tout entier. "Nous sommes ravis de lancer notre premier concept store en Afrique - ici même au Maroc", a déclaré Mohamed Touha...
Western Union Expands Collaboration with Tencent Financial Technology
BEIJING--(BUSINESS WIRE)-- today announced that it has expanded its collaboration with Tencent Financial Technology to partner with , Tencent’s cross-border payment platform. Customers around the world can now send money from and Western Union’s app directly to their loved ones’ wallets and bank accounts based in China and available within Weixin — known globally as WeChat. Western Union operates one of the world’s largest money transfer networks. The expanded collaboration underpins Western Union’s Evolve 25 strategy to accelerate digital growth by providing even greater choice, accessibi...
Katapulk Marketplace and Western Union Team to Offer New Channel to Se...
DENVER--(BUSINESS WIRE)-- Western Union and Katapulk today announced an agreement to offer money transfer services to Cuba from the United States on the . Western Union resumed its service to Cuba using westernunion.com, its mobile app, and through many of its retail locations across the US last year. The Katapulk online service now gives customers located within the United States an additional channel to send money to close family in Cuba, utilizing Western Union’s rails. Once money is sent over the Katapulk Marketplace, which includes the website or through Katapulk's mobile iOS and And...
Western Union to Present at BofA Securities 2024 Global Technology Con...
DENVER--(BUSINESS WIRE)-- The Western Union Company (NYSE: WU) today announced that the Company will present at the BofA Securities 2024 Global Technology Conference on Tuesday, June 4. The presentation will begin at 2:40 p.m. PDT 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 com...
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