News Articles

Western Union and Zain Cash Collaborate to Facilitate Digital Cross-border Money Transfers in Jordan Amman, Jordan -Thursday 28 April 2022

(BUSINESS WIRE)-- Western Union (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments and Zain Cash, the award-winning mobile financial services arm of Zain - a leading mobile telecom operator in the Middle East, today announced the launch of Western Union...

Western Union Suspends Operations in Russia and Belarus -Friday 11 March 2022

(BUSINESS WIRE) -- The Western Union Company (NYSE: WU) stands with the world in condemning the unprovoked and unjustified invasion of Ukraine. All of us share the shock, disbelief, and sadness around this tragedy and humanitarian disaster. Our hearts go out to the people of Ukraine and to our...

Western Union Completes First Closing of its Business Solutions Divestiture -Friday 4 March 2022

First Closing Excludes the European Operations of Western Union Business Solutions Company Receives Full Proceeds of Sale Second Closing Expected to be Completed in the Second Half of 2022 (BUSINESS WIRE) -- The Western Union Company (NYSE: WU), a global leader in cross-border,...

Western Union Joins Forces with Major Financial Institutions in Ukraine and CIS -Wednesday 15 December 2021

(BUSINESS WIRE)-- Western Union, a global leader in cross-border, cross-currency money movement and payments, is collaborating with major financial institutions in Ukraine and across the Commonwealth of Independent States (CIS), to enable millions of their customers to send and receive...

Western Union Announces Devin B. McGranahan as New Chief Executive Officer -Monday 15 November 2021

(BUSINESS WIRE)-- The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement and payments, announces the appointment of Devin B. McGranahan as new Chief Executive Officer (CEO). After a comprehensive succession planning process, the Board of Directors has...

Western Union and Mastercard Expand Global Partnership -Sunday 14 November 2021  

(BUSINESS WIRE)-- The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, and Mastercard, a global technology company in the payments industry, have bolstered their decade-long strategic partnership. The deepened partnership expands...

Western Union Releases 2020 Environmental, Social and Governance (ESG) Report -Tuesday 22 June 2021  

(BUSINESS WIRE) -- The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today released its 2020 Environmental, Social and Governance (ESG) Report, spotlighting the company’s commitment to its stakeholders through an evolved ESG...

Western Union Foundation Aids 200,000 People in 33 Countries with Career & COVID-19 Support in 2020 -Wednesday 17 March 2021  

(BUSINESS WIRE)-- The Western Union Foundation today announced it invested more than USD 6 million to impact 200,000 people in 33 countries – funding training, education, and other workforce initiatives for migrants, refugees, and international students, as well as for disaster and COVID...

Western Union Wins FinTech Breakthrough Award for “Consumer Payments Innovation” -Tuesday 16 March 2021

(BUSINESS WIRE)-- The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today was named winner of the “Consumer Payments Innovation Award” in the fifth annual FinTech Breakthrough Awards for 2021. The company’s innovative...

Walmart and Western Union Enter Agreement to Offer Western Union Money Transfers at Walmart -Wednesday 20 January 2021  

(BUSINESS WIRE)-- Walmart (NYSE:WMT), the world’s largest retailer, and Western Union (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today announced a new agreement that will, for the first time, enable Western Union money transfer services at Walmart...

Western Union Bolsters its Global Digital Cross-Border Payments Leadership -Monday 23 November 2020

(BUSINESS WIRE) -- Western Union (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, announced it has expanded real-time digital payout capabilities into 100 countries reaching billions of bank accounts.i For decades, Western Union already paid out in minutes...

Western Union Expands Real-Time Payout -Monday 26 October 2020

(BUSINESS WIRE) -- Western Union (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, announced it has further expanded its global digital network for funds payout and increased the availability of real-time payouts, advancing the company’s goal of building...

Western Union Supports Displaced People of the Moria Camp -Saturday 12 September 2020

(BUSINESS WIRE)-- Western Union, a global leader in cross-border, cross-currency money movement and payments, and the Western Union Foundation have announced the Foundation’s pledge of USD 250K in relief to support the immediate and long term recovery needs of refugees including the people...

The Western Union Foundation Supports International Students Impacted by COVID-19 -Saturday 12 September 2020  

(BUSINESS WIRE)-- The Western Union Foundation has announced a commitment of USD $250,000 to provide aid for international students struggling to fund tuition and basic needs such as healthcare, wellness, food, and housing due to the COVID-19 pandemic. The Western Union Foundation's grant...

Global Trade in Services to Increase by $2trn Over Next Five Years, According to New Report by Western Union and Oxford... -Wednesday 12 August 2020  

Forecasts by Western Union and Oxford Economics project the value of international, cross-border trade in services rising from $6.1trn in 2019 to $8.0trn by 2025 – a 31% increase in value Amongst developed economies, USA, France, and UK set to see largest increase in value of...

Western Union Expands in the Philippines with Cebuana Lhuillier -Wednesday 29 July 2020

(BUSINESS WIRE)-- Western Union (NYSE:WU), a global leader in cross-border, cross-currency money movement and payments, and Cebuana Lhuillier, the largest and long-tenured microfinancial service provider in the Philippines, have come together to enable customers in the Philippines to send and...

Techstars & Western Union Accelerator Announce 2020 Class Leading the Future of Inclusive Finance -Tuesday 14 July 2020

(BUSINESS WIRE)-- Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement, and Techstars, the global platform for investment and innovation, today announced the launch of its second class of the Techstars & Western Union Accelerator. From machine learning and...

Western Union Continues to Connect Communities and Economies at a Critical Time -Thursday 25 June 2020

(BUSINESS WIRE) -- Western Union (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today released its second annual Environmental, Social and Governance (ESG) Report, which spotlights the Company’s 2019 ESG progress. The report also highlights Western...

Western Union Sees Significant Improvement in Consumer-to-Consumer Transaction Trends in May, Including Record Level of... -Wednesday 3 June 2020

(BUSINESS WIRE)-- The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today provided an update on the Company’s transaction trends for its Consumer-to-Consumer (C2C) business for the month of May 2020 in response to the evolving...

Western Union Pays Tribute to First Responders & Essential Workers Globally -Sunday 10 May 2020

(BUSINESS WIRE) -- Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement and payments, today announced a 50 percent fee reduction1 for front-line responders and essential workers sending money globally via any of the company's digital channels for the next two weeks....

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