Welcome to our dedicated page for Western Union news (Ticker: WU), a resource for investors and traders seeking the latest updates and insights on Western Union stock.
Western Union (WU) is a global leader in cross-border money transfers and digital payment solutions, serving individuals and businesses through its extensive network of locations and online platforms. This dedicated news hub provides investors and financial professionals with timely updates on corporate developments shaping the remittance industry.
Track official press releases, earnings reports, and strategic announcements to stay informed about Western Union's market position. Our curated news collection covers regulatory updates, partnership agreements, technology innovations, and operational expansions – all critical for assessing the company's performance in the competitive financial services sector.
Key areas of coverage include digital transformation initiatives, compliance developments in global markets, and strategic partnerships enhancing Western Union's agent network. This resource eliminates the need to monitor multiple sources, offering a centralized repository for due diligence and investment research.
Bookmark this page for direct access to Western Union's latest financial communications and market-moving updates. Combine historical context with real-time developments to better understand this established player in international money transfers.
The Western Union Company (NYSE: WU) announced its participation in the Wolfe Fintech Forum on March 10, 2021, at 3:00 p.m. Eastern time. CFO Raj Agrawal and President Shelly Swanback will provide insights during the presentation. Investors can access the event via webcast on Western Union's website, with an archived version available shortly after.
Western Union is a leader in cross-border money movement, connecting over 200 countries and territories with its financial network.
The Western Union Foundation has committed USD 500,000 to support the Aspen Institute's Global Opportunity Youth Network and the National Partnership for New Americans. This initiative is part of the Foundation's USD 15 million commitment to the Opportunity Beyond Borders program, aimed at aiding about 40 million migrant and refugee youth facing challenges due to COVID-19. The funding will develop leadership skills, digital training, and create a youth leadership curriculum, fulfilling the need to empower migrant youths as valuable contributors to the economy.
The Western Union Company (NYSE: WU) will present at the Evercore ISI Payments & Fintech Innovators Forum on March 4, 2021, starting at 2:45 p.m. Eastern time. CEO Hikmet Ersek and CFO Raj Agrawal will lead the presentation, which investors can listen to via a webcast at www.westernunion.com.
Western Union, a leader in cross-border money movement, operates in over 200 countries and territories, offering access to billions of bank accounts and millions of digital wallets.
Western Union Business Solutions has announced an expansion of its global capabilities, enhancing payment services for business clients. The integration of SWIFT Global Payment Initiative allows for greater visibility and faster transactions. Additionally, the WU Mass Payments API now supports 130 currencies, enabling financial institutions to streamline operations and manage international payments more efficiently. Scott Johnson, Head of Product, emphasized the importance of speed, traceability, and reliability in payments, positioning Western Union as a key player in cross-border financial flows.
The Western Union Company (NYSE: WU) has entered a multi-year agreement with Advance America to integrate Western Union’s digital and retail money transfer services. This partnership will provide Advance America's customers with 24/7 access to global financial services through an online portal and at 1,400 retail locations. Customers will benefit from a wide range of payment options, including transfers to bank accounts and cash pickups at numerous locations. The services are expected to launch in mid-2021, enhancing convenience and accessibility for users.
The Western Union Company (NYSE: WU) announced its participation in the KBW Fintech Payments Conference on February 23, 2021, at 2:40 p.m. Eastern time. CFO Raj Agrawal will make comments during the presentation. Investors can access the presentation via a live webcast on Western Union's investor relations webpage, with an archived version available shortly after.
Western Union is a leader in cross-border money movement, operating in over 200 countries and territories with access to more than 130 currencies.
The Western Union Company (NYSE: WU) reported Q4 2020 revenue of $1.3 billion, a 3% decline year-over-year, affected by COVID-19, though digital money transfers grew 36% to $240 million. GAAP EPS improved to $0.43 from $0.32. The company raised its dividend by 4% to $0.235. For 2021, Western Union expects mid-single digit revenue growth and EPS of $2.00 to $2.10, driven by strong digital performance. The company projects digital revenues could reach $1 billion in 2021, despite ongoing uncertainties in the macroeconomic landscape.
The Western Union Company (NYSE: WU) will present at the Goldman Sachs Technology and Internet Conference on February 11, 2021, at 3:40 p.m. Eastern time. CFO Raj Agrawal will lead the discussion. Investors can listen via webcast at westernunion.com, with an archived version available for one month after the presentation. Western Union is a leader in cross-border money movement, operating over 550,000 retail locations in 200 countries, making it accessible for consumers and businesses to send and receive funds.
The Western Union Company (NYSE: WU) will host a webcast and conference call to discuss its 2020 fourth quarter and full year results on February 10, 2021, at 4:30 p.m. ET. A press release with financial results will be available around 4:00 p.m. ET the same day. Participants can register for the event online and listen via telephone. With over 550,000 retail locations in over 200 countries, Western Union continues to be a leader in cross-border money transfers, connecting consumers and businesses effectively.
