western union co (WU) Key Developments
Western Union and Farmacias Launch Money Transfer Services in Mexico
Mar 28 14
The Western Union Company and Farmacias Guadalajara have launched Western Union global money-transfer services at more than 1,100 drugstore and retail locations throughout Mexico. Now, people living throughout the country have even more options from which to receive the support they need: They can visit any of these locations and pick up money sent from their family and friends throughout the world.
Western Union Mulls Acquisitions
Mar 25 14
The Western Union Company (NYSE:WU) is seeking acquisitions. Khalid Fellahi, Senior Vice President and General Manager of Western Union, said, "Our current investments are such that we are already in an investment period, which means that probably we are more -- we have less margin than, now, a traditional business, because we are in the timing of the investments so we will continue investing. But over time, we see this as pretty aligned with our traditional margin that we have also on the retail side. But currently, we are still in the aggressive acquisition and aggressive investment."
The Western Union Company Signs on Partnership with Paga in Nigeria
Mar 18 14
The Western Union Company has launched a new mobile money transfer service to Nigeria, in partnership with Paga, increasing the reach of Western Union pay-out options in the country. The new service to Nigeria integrates directly with Paga, the mobile payment platform in Nigeria, with more than 1.2 million users. Paga users now have the option of receiving a Western Union Money Transfer transaction directly into their Paga account. Using Paga's multi-channel platform, consumers can withdraw the money by sending it to a bank account, withdrawing from an ATM, or through Paga's network of over 4,000 agents in Nigeria. Consumers can also choose to pick-up their funds at participating Western Union agent locations across the country.
The Western Union Company Presents at Barclays Emerging Payments Forum, Mar-25-2014 02:25 PM
Mar 17 14
The Western Union Company Presents at Barclays Emerging Payments Forum, Mar-25-2014 02:25 PM. Venue: The Crowne Plaza Time Square Hotel, 1605 Broadway, New York, NY 10019, United States. Speakers: Khalid Fellahi, Senior Vice President and General Manager of Western Union Digital Ventures.
The Western Union Company Presents at 16th Annual Credit Suisse Global Services Conference, Mar-10-2014 08:30 AM
Mar 4 14
The Western Union Company Presents at 16th Annual Credit Suisse Global Services Conference, Mar-10-2014 08:30 AM. Venue: The Phoenician, Scottsdale, Arizona, United States. Speakers: Rajesh K. Agrawal, Interim Chief Financial Officer, Executive Vice President and President of Western Union Business Solutions.