Western Union plans to acquire Dash, a mobile wallet in Singapore that has more than 1.4 million users. The company and Dash owner Singtel signed a conditional agreement on the sale of the mobile wallet, the companies said in a Wednesday (Oct. 23) press release....
Western Union’s Branded Digital business saw 15% growth in transactions and 9% growth in revenue on a reported basis in the third quarter. This marked the sixth consecutive quarter of double-digit transaction growth for the Branded Digital business, the company said in a presentation released...
The digital transformation of Western Union continues with the money-transfer company posting double-digit growth in global mobile and online transactions for the second quarter, despite headwinds from sanctions on Iraqi banks. As CEO Devin McGranahan told the company’s earnings call, the digital growth was a...
Western Union is bringing its “concept store” concept to Africa with a new outpost in Morocco. The money transfer service announced the store — its first on the continent — on Wednesday (June 26), saying it was part of Western Union’s “Evolve 2025” strategy for...
October 30, 2023
The CE 100 Index lost 2.5%, as payment-related names led to the downside. The Pay and be Paid segment was the worst performing sector, sliding 4.9% through the week. And within that pillar, Western Union gave up 14.1%. The company posted earnings this week that showed growth of 3% in its branded digital revenue year over year […]
March 13, 2023
The CE 100 Stock Index lost 6.7% as Silicon Valley Bank collapsed during a dramatic week that raises questions about FinTechs and startup funding. It remains unclear what the ripple...
January 18, 2023
For midmarket B2B firms, intelligent decision-making about how, and when, to move money is more challenging than ever. Patrick Gauthier, CEO of B2B FinTech Convera, told Karen Webster that as...
December 14, 2022
While digitization has transformed the global remittance market, it is far from a one-dimensional process. After all, any money transfer service aiming for global coverage needs to be flexible enough...
November 11, 2024
Western Union has launched a media network business that lets companies advertise to its customers via company-owned channels like its website, mobile app and digital-out-of-home (DOOH) screen network as well as through audience extension. These channels enable companies to reach a diverse, multicultural and global audience, the provider of cross-border, cross-currency money movement, payments and […]
October 24, 2024
Western Union plans to acquire Dash, a mobile wallet in Singapore that has more than 1.4 million users. The company and Dash owner Singtel signed a conditional agreement on the...
October 23, 2024
Western Union’s Branded Digital business saw 15% growth in transactions and 9% growth in revenue on a reported basis in the third quarter. This marked the sixth consecutive quarter of...
July 30, 2024
The digital transformation of Western Union continues with the money-transfer company posting double-digit growth in global mobile and online transactions for the second quarter, despite headwinds from sanctions on Iraqi...
