Western Union

Western Union Highlights Continuing ESG Progress in 2022 Report

Retrieved on: 
Tuesday, August 22, 2023
Technology, Payments, Finance, Fintech, Banking, Professional Services, Digital Cash Management, Digital Assets, DEI (Diversity, Equity and Inclusion), Environmental, Social and Governance (ESG), Education, Culture, World cup, Woman, University, Multimedia, Mentorship, Social Security Government Pension Offset, Historically black colleges and universities, DEI, ESG, OBB, Growth, Social, NYSE, Renewable energy, Online shopping, Western Union

The Western Union Company (NYSE: WU) today released its 2022 Environmental, Social and Governance (ESG) Report, spotlighting the Company’s ongoing commitment to advance its ‘Evolve 2025’ strategy and actions aligned with its key ESG priorities.

Key Points: 
  • The Western Union Company (NYSE: WU) today released its 2022 Environmental, Social and Governance (ESG) Report, spotlighting the Company’s ongoing commitment to advance its ‘Evolve 2025’ strategy and actions aligned with its key ESG priorities.
  • View the full release here: https://www.businesswire.com/news/home/20230822408615/en/
    Western Union 2022 ESG Report (Photo: Business Wire)
    “What drives the most successful businesses is a strong sense of purpose,” said Devin McGranahan, Chief Executive Officer.
  • “Western Union’s ESG progress is one important measure of how we are creating positive change in the lives of the people and communities we serve.
  • The Company also continued to receive national and global recognitions for its ESG efforts in 2022, including:
    Great Place to Work Certified (Costa Rica, India)
    For more information and additional details related to our 2022 progress, and to download Western Union’s 2022 Environmental, Social and Governance (ESG) Report, click here .

Western Union to Present at the Goldman Sachs Communacopia and Technology Conference on September 5th

Retrieved on: 
Monday, August 21, 2023
Finance, Banking, Professional Services, Digital Cash Management, Digital Assets, Technology, Offshore Technology Conference, Webcast, Western Union, Conference, NYSE, Rare-earth element, Self storage

The Western Union Company (NYSE: WU) today announced that the Company will present at the Goldman Sachs Communacopia and Technology Conference on Tuesday, September 5, 2023.

Key Points: 
  • The Western Union Company (NYSE: WU) today announced that the Company will present at the Goldman Sachs Communacopia and Technology Conference on Tuesday, September 5, 2023.
  • The presentation will begin at 4:25 p.m. Pacific Time and will include comments from Matt Cagwin, Chief Financial Officer.
  • Investors and interested parties will be able to listen to the investor presentation via webcast from www.westernunion.com , under the investor relations section.
  • The archived webcast will be available shortly after the conclusion of the presentation.

AppTech Executes Agreement to Expand Launch of Mobile-to-Mobile Payment System to Mexico and Brazil Enabling Cross-Border Remittance

Retrieved on: 
Thursday, August 10, 2023
U.S.–Afghanistan Strategic Partnership Agreement, Family, Friends, Mobile phone, Venmo, Western Union

The amendment will extend InstaCash’s mobile-to-mobile payment system license to Brazil and Mexico.

Key Points: 
  • The amendment will extend InstaCash’s mobile-to-mobile payment system license to Brazil and Mexico.
  • “The extension of our agreement with InstaCash further reinforces AppTech’s differentiated Fintech platform, as we continue to scale globally,” said Luke D’Angelo, Chief Executive Officer of AppTech.
  • InstaCash, Inc. is a peer-to-peer instant payment app similar to Venmo, Zelle, and Cash App but will offer cross-border remittance, lower transfer fees and more advanced security protocols.
  • AppTech will develop mobile and web-based applications for the contactless payment system, which will feature digital banking services and debit card solutions.

Canadian Immigrant Magazine honours Sam Primucci with its Entrepreneur of the Year and Top 25 Canadian Immigrant awards

Retrieved on: 
Friday, August 4, 2023
Top 25 Canadian Immigrant Awards, Pizza Nova, Knowledge, Palazzo San Gervasio, Entrepreneurship, NBA Rookie of the Year Award, Family, Immigration, Nigeria Immigration Service, Nursing, Western Union

Toronto, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Sam Primucci, founder of Pizza Nova, has been named 2023 Entrepreneur of the Year by Canadian Immigrant Magazine and one of the Top 25 Canadian Immigrants.

Key Points: 
  • Toronto, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Sam Primucci, founder of Pizza Nova, has been named 2023 Entrepreneur of the Year by Canadian Immigrant Magazine and one of the Top 25 Canadian Immigrants.
  • The 15th annual Top 25 Canadian Immigrant Awards, presented by Western Union and hosted by Canadian Immigrant Magazine, took place on August 3 to celebrate the inspiring achievements of immigrants.
  • "It is a true honour to receive the Top 25 Canadian Immigrant Award as well as the Entrepreneur of the Year Award among such an inspiring group of people," says Sam Primucci, founder of Pizza Nova.
  • The 25 Canadian Immigrant Award honourees are listed at canadianimmigrant.ca /top25 .

Digital Dollar Project Launches Retail CBDC Pilot with Western Union Focused on Cross-Border Payments

Retrieved on: 
Thursday, August 3, 2023
Bitcoin, Private sector, Risk, Federal, DLT, Business transaction management, CBDC, Research, International Federation for Information and Documentation, Community business development corporation, Federal Reserve, Digital asset, Government, Banco de Oro, Federation, Digital, Fraud, DDP, Cryptocurrency, Bank, Western Union, Accenture

WASHINGTON , Aug. 3, 2023 /PRNewswire/ -- The Digital Dollar Project today announced the completion of a pilot study conducted in collaboration with The Western Union Company (Western Union), BDO Unibank, Inc. (BDO Unibank) in the Philippines, and support from Accenture. This collaboration represents the Digital Dollar Project's latest private sector efforts in support of the exploration and experimentation of a central bank digital currency (CBDC) in the United States.

Key Points: 
  • This collaboration represents the Digital Dollar Project's latest private sector efforts in support of the exploration and experimentation of a central bank digital currency (CBDC) in the United States.
  • The pilot study, executed in concert with a leading, technology-driven global payments player, evaluated the potential benefits of utilizing CBDCs for cross-border remittances.
  • The findings have been published in the Digital Dollar Project's whitepaper, " Retail Cross-Border Remittance Payments ."
  • "As conversations around CBDC and a 'digital dollar' mature, this cross-border payment pilot is a timely step towards understanding the impact and generating highly-applicable data for retail CBDC use cases," said Jennifer Lassiter, Executive Director of The Digital Dollar Project.

Western Union Reports Second Quarter 2023 Results

Retrieved on: 
Wednesday, July 26, 2023
Technology, Payments, Finance, Fintech, Banking, Other Technology, Professional Services, Software, Internet, Workforce, Intellectual property, Failure, Digital, California Consumer Privacy Act, Risk, Telephone, Policy, COVID-19, Tax, General Data Protection Regulation, GAAP, Terrorism, ID, Government, Epidemic, Consumer Protection Act, Pandemic, Consumer Financial Protection Bureau, Acquisition, Annual report, Fusion Global Business Solutions, European, Webcast, Consumer, Growth, ESG, Fraud, Environment, Provisions of the Dodd–Frank Wall Street Reform and Consumer Protection Act, Legislation, Cryptocurrency, Insurance, Broadcasting, Western Union

Western Union presents a number of non-GAAP financial measures because management believes that these metrics provide meaningful supplemental information in addition to the GAAP metrics and provide comparability and consistency to prior periods.

Key Points: 
  • Western Union presents a number of non-GAAP financial measures because management believes that these metrics provide meaningful supplemental information in addition to the GAAP metrics and provide comparability and consistency to prior periods.
  • Additional key statistics for the quarter and historical trends can be found in the supplemental tables included with this press release.
  • Western Union is committed to making a positive impact.
  • For more details on how Western Union is addressing some of the most pressing issues facing society, our shared environment, and our Company, please view our latest ESG report: https://corporate.westernunion.com/esg .

Western Union Incident Response Team Wins International Cyber League Powered by Cyberbit and Miami Dade College

Retrieved on: 
Wednesday, July 26, 2023
Miami Dade College, International, Information security, Education, ICL, University, ICL 20s World Series 2008–09, Socs, SOC, MDC, Organization, Information, EDR, National Cybersecurity Center, GM, GM Financial, Cyberwarfare, Cyberattack, SIEM, Computer security, Arms industry, Western Union, Bitstream Cyberbit

BOSTON and MIAMI, July 26, 2023 /PRNewswire/ -- Western Union was announced the winner of the International Cyber League (ICL) Americas Cyber Cup, a hyper-realistic cybersecurity competition.

Key Points: 
  • BOSTON and MIAMI, July 26, 2023 /PRNewswire/ -- Western Union was announced the winner of the International Cyber League (ICL) Americas Cyber Cup, a hyper-realistic cybersecurity competition.
  • Over 100 SOC and incident response teams competed in three rounds of challenges, which included individual skill assessment in cyber labs as well as live-fire team simulations in a cyber range.
  • "We're absolutely thrilled to have won the ICL Americas Cyber Cup", said Andrej Larionov, Information Security Manager at Western Union.
  • The ICL Americas Cyber Cup is a part of the International Cyber League (ICL), a global cybersecurity competition that is organized by Cyberbit.

Western Union Announces $0.235 Quarterly Dividend

Retrieved on: 
Wednesday, July 19, 2023
Finance, Banking, Professional Services, Digital Cash Management, Digital Assets, Technology, NYSE, Western Union, Holding company

The Western Union Company (NYSE: WU) announced today that its board of directors declared a quarterly cash dividend of $0.235 per common share, payable September 29, 2023, to stockholders of record at the close of business on September 15, 2023.

Key Points: 

The Western Union Company (NYSE: WU) announced today that its board of directors declared a quarterly cash dividend of $0.235 per common share, payable September 29, 2023, to stockholders of record at the close of business on September 15, 2023.

Verra Mobility Appoints Katrina Sevier as Chief People Officer

Retrieved on: 
Wednesday, July 19, 2023
Communication, University, The Interpublic Group of Companies, Marketing, Berkeley, Workplace, Organization, Acquisition, Western Union, HR, Management, Teleperformance

MESA, Ariz., July 19, 2023 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today the appointment of Katrina Sevier as Chief People Officer.

Key Points: 
  • MESA, Ariz., July 19, 2023 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today the appointment of Katrina Sevier as Chief People Officer.
  • As Chief People Officer, Ms. Sevier will oversee Verra Mobility's global human resources strategy and be responsible for HR operations, compensation and benefits, talent acquisition, talent management, employee engagement and diversity, equity and inclusion programs.
  • "I'm honored to welcome Katrina Sevier to Verra Mobility," said David Roberts, president and CEO, Verra Mobility.
  • Ms. Sevier's experience includes serving as Chief People Officer of Sightline Payments, an integrated omnichannel payment technology provider.

Global Payments Leader, Convera Chooses Temenos to Modernize Payments in the Cloud

Retrieved on: 
Thursday, July 13, 2023
Cloud, Small business, Software as a service, STP, ISO, Convera Corporation, Non-governmental organization, Automation, Mobile phone, Bank, Western Union, Temenos

GENEVA, July 13, 2023 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN) today announced that Convera, the largest non-bank global B2B payments provider, has selected Temenos Payments Hub running in the Temenos Cloud to modernize its payments infrastructure.

Key Points: 
  • GENEVA, July 13, 2023 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN) today announced that Convera, the largest non-bank global B2B payments provider, has selected Temenos Payments Hub running in the Temenos Cloud to modernize its payments infrastructure.
  • Temenos’ platform capability to intelligently route payments over Convera’s global partner bank network will allow for greater efficiencies and improved customer service.
  • With Temenos payments platform, Convera will also continue to enhance its straight through processing (STP) rates through advanced exception handling.
  • With Temenos Payments Hub running on Temenos SaaS, Convera will have a modern payments platform which can scale massively and propel its expansion plans.