Western Union (WU) first quarter (1Q/16) GAAP revenues, on a currency adjusted basis (FX), declined 3.8% year-on-year (YOY), while GAAP net income slipped 8.9% YOY. WU consumer-to-consumer (C2C) GAAP revenues FX declined 4.8% YOY, while consumer-to-business (C2B) GAAP revenues FX declined 7.9% YOY WU reported total GAAP Revenues FX of $1355.1 million for 1Q/16, compared…
Western Union (WU) fourth quarter (4Q/15) GAAP revenues, on a currency adjusted basis (FX), declined 1.3% year-on-year (YOY), while GAAP net income slipped 4.2% YOY. WU consumer-to-consumer (C2C) GAAP revenues FX declined 1.7% YOY, while consumer-to-business (C2B) GAAP revenues FX declined 5.8% YOY WU reported total GAAP Revenues FX of $1453.9 million for 4Q/15, compared…
In Other News: BAMS (Europe); WU (EDGE); EVERCOMPLIANT (MerchantView); and BLACKHAWK (acquisition). BAMS – Banc of America Merchant Services is expanding to Europe and create a new London-headquartered unit, BofA Merrill Lynch Merchant Services (Europe) Limited (BofAML Merchant Services). WU – Western Union Business Solutions is launching WU EDGE, its ground-breaking digital platform which will…
CardFlash.com Beaking News: WISEKEY (Kaspersky); COMPASS (FreedomPay); WU (award); and HCENTIVE (Mashable). WISEKEY – WISeKey and Kaspersky Lab are developing technology that will deeply integrate authentication and data encryption into new wearable devices, enabling them to safely connect, communicate and exchange financial data. Under the new partnership, Kaspersky Lab’s secure software development kit for mobile…
Western Union (WU) reported third quarter (3Q/15) revenues, on a currency adjusted basis (FX), increased 3% year-on-year (YOY). Net income declined 0.8% YOY to $232.2 million.
Tencent’s WeChat has become the first social communication application to provide a technology platform to support person-to-person cross-border money transfer capabilities to more than 200 countries and territories. WeChat U.S.users can now access Western Union’s WU Connect platform.
In today’s CardFlash News Que: SYNCHRONY (CareCredit); REMITLY (Mexico); EXPERIAN (Small Biz); and WESTERN UNION (Connect).
Walgreens, the nation’s largest drugstore chain, this month launched Western Union Bill Payment services staged via digital self-service kiosks, allowing customers to make payments to 15,000 billers across the U.S. and beyond.
Western Union (WU) and Kroger have renewed their vows to give customers the ability to send and receive Western Union Money Transfer transactions across the globe to more than 200 countries and territories. Customers can purchase money orders and pay their bills at more than 2,300 Kroger Family of Store locations across 34 states.
In today’s CardFlash News Que: ACCEPTEMAIL (WU); MYBANKTRACKER (awards); and ACCEPTMAIL (reseller);
Western Union and MTN Group have teamed to launch a new mobile money transfer service in Rwanda and Ivory Coast. The new service allows MTN customers in both countries to receive a Western Union Money Transfer® transaction in their mobile wallet.
The UK’s first supermarket bank has formed a new relationship with Western Union. The agreement also includes making Western Union’s consumer-to-consumer (C2C) money transfer services available in future Sainsbury’s Travel Money bureaux.