How the Postal Service Became a Bank
Post offices are already competing with traditional bank branches
WesternUnion
Western Union Launches Stablecard With Rain in 37 Markets
Western Union has launched the Stablecard app, a digital wallet and Visa card that lets people hold and spend U.S. dollar value backed by a stablecoin. The company built the product with Rain, a stablecoin infrastructure provider. Stablecard is live in 37 markets, and Western Union plans to expand to more than 60 markets by […]
Western Union Acquires APAC Wallet Dash From Over-Century-Old Telecom Giant
Western Union will now have its own wallet service in Singapore, extending its existing presence of 80 agent locations in the country with the digital payment reach of over 1,4 million local citizens using Dash, previously owned by Singtel.
Western Union and Sasai Fintech Launch New International Money Transfer App for South Africa, Expanding Digital Remittance Access
Western Union has partnered with Sasai Fintech, a business of Cassava Technologies, to launch a new international money transfer mobile app designed specifically for consumers in South Africa.
Western Union Joins Stablecoin Race With Own USDPT Stablecoin on Solana
Western Union goes one step further in its strategic initiative to modernize international money transfers by leveraging stablecoin potential with the launch of its USDPT stablecoin on Solana network.
How Payment Service Providers Are Adapting to the Stablecoin Payments Revolution: Four Emerging Archetypes
Just as stablecoin settlements are gaining momentum in the B2B segment, payment service providers are taking very different paths in the stablecoin payments revolution, with strategies ranging from bold integration to cautious observation. Here are four main stablecoin adoption archetypes shaping the next phase of digital payments.
Western Union to Accelerate Stablecoin Use for Cross-Border Payments
One of the most reputable global remittance players, Western Union, is undertaking a bold strategic initiative to modernize international money transfers by leveraging stablecoin potential.
Western Union Develops Media Network Business
Western Union is committed to developing its new Media Network business through collaboration with Magnite, an independent sell-side advertising company.
Western Union & HCL Technologies to Revolutionise Remittance With AI-Driven Tools
Money transfer leader Western Union has united efforts with Indian multinational IT company HCL Technologies (HCLTech), reversing the trend of remittance players using little to no AI.
Why Remittance Players Are Not Interested in AI?
The payment industry is eagerly embracing artificial intelligence (AI) technology, implementing its unique capabilities into almost every aspect of external and internal processes to boost efficiency. Yet, some of the fintech players are more reluctant to introduce AI than others. In particular, the lack of interest and adoption is striking with remittance companies.
Western Union Connects Virtual Wallets to eSIM Mobile Service
The company eSIM Go has added Western Union digital wallets to its mobile data service.
Visa and Western Union Form New Cross-Border Payment Agreement
Visa and Western Union have entered into a new agreement in the sphere of cross-border payment transactions.
Western Union’s Branded Digital Transactions Rise
The results of Western Union’s operations in the fourth quarter of 2023 indicate an increase in the popularity of using digital channels in the sphere of financial services.
Western Union Sees Digital Transactions Grow
Western Union reported an increase in the number of digital transactions.
Visa+: The New Interoperable P2P Payments System Launches
Visa has partnered with a number of payment firms, including PayPal and Western Union, to let their customers transfer money between different P2P payment apps
Western Union Turns to MFS to Expand Global Money Transfers
Western Union announced the beginning of cooperation with MFS Africa.
