The Western Union Remission Fund, which has $586 million in total, was agreed upon by Western Union after the company admitted to “criminal conduct” in 2017, according to the news release.

Western Union (WU) allowed criminals to use its global money transfer service to carry out “hundreds of thousands” of scams, the company admitted in a federal settlement under which it will ...

Xoom and Western Union both offer viable money transfer options. Xoom is more limited than Western Union, in terms of recipients, locations, and transfer options, but tends to charge lower fees.

Exclusive insights from Western Union research show that as many as 44% of Australia’s consumers would like to have the choice to ‘Send Now, Pay Later’ when transferring money around the world.

Western Union estimates that 70% of its digital transactions are cash-out on the receive side, and even digital-focused players such as Remitly and Xoom maintain physical receive agent networks.

Western Union, once known for telegrams, is now a global financial payments giant and a Fortune 500 firm. The 168-year-old company specializes in international and cross-currency payments.

Western Union's turnaround is still turning. Revenue rose 1% in the third quarter, or 7% on an adjusted basis, reaching $1.1 billion, which compared to the analyst consensus of $1.03 billion.

Western Union (WU) closed the most recent trading day at $10.69, moving +0.47% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 1.12% for the day ...

Western Union (WU 3.09%) is a leading cross-border payment transfer business that has been serving customers for over a hundred years. While it may seem like a stodgy company at first glance, it ...

The new subscribers, Digicel, Intercommercial Bank Ltd, Sagicor, Western United Credit Union and Venture Credit Union Cooperative Society Ltd, will begin reporting payment and other types of ...

A jointly hosted Western Hemispheric Energy Summit, slated for Trinidad and Tobago this fall, will focus on natural gas, and participates will discuss supply-demand scenarios for the next decade ...