Hikmet Ersek

Western Union and Italy’s Postepay Enable Cross-Border Payments

Retrieved on: 
Thursday, February 6, 2020
Technology, Mobile, Wireless, Retail, Finance, Consumer, Banking, Online Retail, Professional services, Other Retail, Telecommunications, Software, Networks, Other Consumer, Internet, Financial services, Economy, Finance, Hikmet Ersek, Foreign exchange companies, Western Union, Financial inclusion, Western Union, Postepay

More than seven million Postepay Evolution customers can now send money globally using Western Union via the Postepay App.

Key Points: 
  • More than seven million Postepay Evolution customers can now send money globally using Western Union via the Postepay App.
  • Its exciting to see two leading financial institutions working together to advance digital services for their customers by offering a seamless global cross-border payments experience, said Hikmet Ersek, President and CEO, Western Union.
  • We are delighted to welcome Postepay into the Western Union family, he said.
  • With our global reach, Western Union moves money for better, connecting family, friends and businesses to enable financial inclusion and support economic growth.

Jan Siegmund Appointed to Western Union Board of Directors

Retrieved on: 
Wednesday, December 4, 2019
Banking, Professional services, Finance, Companies, Hikmet Ersek, Foreign exchange companies, Western Union, Economy of the United States, New York Stock Exchange

The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement and payment services, today announced that Jan Siegmund has been appointed to the Companys Board of Directors, effective December 4, 2019.

Key Points: 
  • The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement and payment services, today announced that Jan Siegmund has been appointed to the Companys Board of Directors, effective December 4, 2019.
  • Jan is a proven global executive with excellent transformation experience, said Hikmet Ersek, President and CEO of Western Union.
  • The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments.
  • With our global reach, Western Union moves money for better, connecting family, friends and businesses to enable financial inclusion and support economic growth.

Western Union Announces $0.20 Quarterly Dividend

Retrieved on: 
Wednesday, December 4, 2019
Banking, Professional services, Finance, Companies, Foreign exchange companies, Dividend, Shareholders, New York Stock Exchange, Western Union, Economy of the United States, Finance, Hikmet Ersek

The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, announced today that its board of directors declared a quarterly cash dividend of $0.20 per common share, payable December 31, 2019 to stockholders of record at the close of business on December 17, 2019.

Key Points: 
  • The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, announced today that its board of directors declared a quarterly cash dividend of $0.20 per common share, payable December 31, 2019 to stockholders of record at the close of business on December 17, 2019.
  • The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments.
  • Additionally, westernunion.com , our fastest growing channel in 2018, is available in 75 countries, plus additional territories, to move money around the world.
  • With our global reach, Western Union moves money for better, connecting family, friends and businesses to enable financial inclusion and support economic growth.

Western Union Launches WU.com In India

Retrieved on: 
Friday, October 25, 2019
Finance, Banking, Professional services, Other Technology, Technology, Economy, Financial services, Money, Banking, Hikmet Ersek, Remittance, Western Union, Lock box, Bank, Transfast

Western Union , a leader in cross-border, cross-currency money movement and payments, today launched its digital platform - WU.com in India, in association with YES BANK , one of the leading banks in the country, enabling customers in India to send money globally - 24/7.

Key Points: 
  • Western Union , a leader in cross-border, cross-currency money movement and payments, today launched its digital platform - WU.com in India, in association with YES BANK , one of the leading banks in the country, enabling customers in India to send money globally - 24/7.
  • During his visit to India, Hikmet Ersek, CEO, Western Union, said, Western Union already has a strong brand and presence in India.
  • YES BANK is pleased to collaborate with Western Union on offering outbound remittance services.
  • We are well poised with the next phase of solutioning to cater to the burgeoning cross border outward remittances business with Western Union.

Western Union Expands Its Global Platform Now to New Partners in Asia

Retrieved on: 
Wednesday, October 23, 2019
Professional services, Technology, Other Technology, Mobile, Wireless, Finance, Networks, Banking, Companies, Foreign exchange companies, Hikmet Ersek, Western Union, Finance, Money, Western Union, Kyodai, Hanpass

Western Union, a leader in cross-border, cross-currency money movement and payments, today further expanded its white label offerings* to Asia enabling customers of third-party money transfer companies to pay out through Western Union.

Key Points: 
  • Western Union, a leader in cross-border, cross-currency money movement and payments, today further expanded its white label offerings* to Asia enabling customers of third-party money transfer companies to pay out through Western Union.
  • During his visit to Asia, Hikmet Ersek, CEO, Western Union said, More global brands are turning to Western Union for cross-border money transfer solutions that provide their customers the ability to transfer money quickly and reliably to almost anywhere in the world.
  • The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement.
  • With our global reach, Western Union moves money for better, connecting family, friends and businesses to enable financial inclusion and support economic growth.

Western Union Launches New Platform Strategy and Provides Three-Year Financial Outlook at 2019 Investor Day

Retrieved on: 
Tuesday, September 24, 2019
Banking, Professional services, Finance, Companies, Hikmet Ersek, Western Union

At its Investor Day, the Company will detail existing partnerships in each of these areas and strategies to further accelerate growth in the future.

Key Points: 
  • At its Investor Day, the Company will detail existing partnerships in each of these areas and strategies to further accelerate growth in the future.
  • Our resilient business gave us the opportunity to develop the long-term vision and three-year financial targets were unveiling today, said Western Union CEO Hikmet Ersek.
  • At Investor Day, Western Union will provide three-year financial targets, including an approximately 23% operating margin by 2022 and a low double-digit EPS CAGR through 2022, compared to the Companys 2019 adjusted EPS.
  • The Company also affirmed its full-year financial outlook for 2019, which was previously provided on August 1, 2019.

Western Union to Release Second Quarter Results on August 1, 2019

Retrieved on: 
Tuesday, July 9, 2019
Professional services, Retail, Other Retail, Finance, Banking, Companies, Hikmet Ersek, Economy of the United States, Western Union, New York Stock Exchange

The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement, announced today that Hikmet Ersek, President and CEO, and Raj Agrawal, Executive Vice President and CFO, will host a webcast and conference call to discuss second quarter 2019 results on August 1, 2019 at 4:30 p.m. Eastern time.

Key Points: 
  • The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement, announced today that Hikmet Ersek, President and CEO, and Raj Agrawal, Executive Vice President and CFO, will host a webcast and conference call to discuss second quarter 2019 results on August 1, 2019 at 4:30 p.m. Eastern time.
  • A press release highlighting the financial results will be issued at approximately 4:00 p.m. Eastern time the same day.
  • The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement.
  • With our global reach, Western Union moves money for better, connecting family, friends and businesses to enable financial inclusion and support economic growth.

Western Union CEO Hikmet Ersek Recognized for International Influence on Global Issues

Retrieved on: 
Monday, June 24, 2019
Professional services, Public policy, Government, Public policy, Other Policy Issues, Finance, Hikmet Ersek, Articles, Companies, Economy, Kiel Institute for the World Economy, Western Union, Kiel, Globalization

In a ceremony during the Kieler Woche festival, at Kiel City Hall, Hikmet Ersek, President and CEO of Western Union , a leader in cross-border, cross-currency payments, was awarded the Global Economy Prize in Business.

Key Points: 
  • In a ceremony during the Kieler Woche festival, at Kiel City Hall, Hikmet Ersek, President and CEO of Western Union , a leader in cross-border, cross-currency payments, was awarded the Global Economy Prize in Business.
  • Hikmet Ersek is a passionate advocate of globalization and a socially responsible citizen of the world, the jury wrote.
  • Additional information about the Global Economy Prize and this years recipients can be found at: https://www.ifw-kiel.de/institute/events/prizes-and-awards/global-econom...
    The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement.
  • With our global reach, Western Union moves money for better, connecting family, friends and businesses to enable financial inclusion and support economic growth.

Western Union Releases Inaugural Environmental, Social and Governance Report

Retrieved on: 
Tuesday, June 18, 2019
Convenience store, Other Consumer, Technology, Online Retail, Internet, Software, Other Technology, Mobile, Wireless, Philanthropy, Professional services, Banking, Finance, Other Professional Services, Retail, Communications, Public relations, Investor relations, Other Philanthropy, Other Retail, Consumer, Family, Companies, Hikmet Ersek, Western Union, ESG, Finance, Economy, Ethical banking, Ethical investment

Western Union (NYSE: WU), a global leader in cross-border, cross-currency money movement, today released its inaugural Environmental, Social and Governance (ESG) Report, which details the Companys achievements for fiscal year 2018 toward its commitment to moving money with integrity and connecting people to the global economy.

Key Points: 
  • Western Union (NYSE: WU), a global leader in cross-border, cross-currency money movement, today released its inaugural Environmental, Social and Governance (ESG) Report, which details the Companys achievements for fiscal year 2018 toward its commitment to moving money with integrity and connecting people to the global economy.
  • We believe we can be more successful when we operate according to the highest ethical standards, address unmet social needs and promote the well-being of our people, their communities and the environment, said Hikmet Ersek, President and CEO, Western Union.
  • The Western Union Foundation has given nearly $120 million to fund projects to advance education and support humanitarian relief in 137 countries since 2001.
  • About half our global workforce is women, and 34% of our director-level-and-above positions are held by women and we continue to raise this number
    The Western Union 2018 ESG Report is available at: http://ir.westernunion.com .

Western Union Digital Expands Across Middle East: Seven Countries Now Live Including Enhanced Services in UAE

Retrieved on: 
Monday, April 29, 2019
Professional services, Banking, Finance, Geography of Asia, Countries, Hikmet Ersek, Western Asia, United Arab Emirates

"The digital services unveiled today in the UAE will ever aspire upward along with the aspirations of the customers we serve locally and globally," said Western Union President and CEO, Hikmet Ersek, during the launch ceremony.

Key Points: 
  • "The digital services unveiled today in the UAE will ever aspire upward along with the aspirations of the customers we serve locally and globally," said Western Union President and CEO, Hikmet Ersek, during the launch ceremony.
  • In the UAE, the company launched the Western Union mobile app and relaunched the Westernunion.com website.
  • Western Union has been providing money-transfer services across the Middle East countries for over 20 years and has more than 4,000 retail agent locations in Bahrain, Jordan, Kuwait, Lebanon, Oman, Qatar and the UAE.
  • With our global reach, Western Union moves money for better, connecting family, friends and businesses to enable financial inclusion and support economic growth.