Articles with tag: western union

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NymCard receives in-principle approval from FSRA

18 Aug 2020 | Cards

NymCard, an UAE-based card issuing and processing platform has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA).

Abu Dhabi, fintech, NymCard, cards, FSRA, UAE, in-principle approval, IPA, Financial Services Regulatory Authority, payments, currency, exchange, financial, Visa, Mastercard, Western Union

Western Union enters Brazil with international payment services

07 Aug 2020 | Payments General

Cross-border and cross-currency payments provider Western Union has announced a partnership with Banco SEMEAR in Brazil to offer the WU GlobalPay for FI platform.

Western Union, Brazil, Banco SEMEAR, WU GlobalPay for FI, cross-border, cross-currency, payments, platform, banking system infrastructure, international payment services, online platform, Business Solutions, processing transactions, financial institutions

Western Union expands cooperation with NH Bank

24 Jul 2020 | Payments General

Western Union has expanded its partnership cooperation with NH Bank, through the appointment NongHyup (Agricultural Co-operative) as a sub-agent.

Western Union, NH Bank, NongHyup, payments, cross-border remittance

SA-based Mama Money, Western Union partner, as remittance sector recovers

30 Jun 2020 | Payments General

South Africa-based money transfer company Mama Money has partnered with Western Union, as the remittance sector recovers after COVID-19.

Mama Money, Western Union, partnership, South Africa, remittance, cross-border payments, fintech, money transfer, COVID-19, mobile app, Africa, Asia, Europe

Western Union makes takeover offer for MoneyGram, Bloomberg claims

04 Jun 2020 | Online Payments

Bloomberg.com has reported that Western Union has made a bid to buy Moneygram International, which would result in combining the two US-based remittance companies.

Western Union, Moneygram, remittances, remittance, online payments, online transactions, mergers and acquisitions, acquisition, United States, US, North America

Western Union, approved PPP lender

14 May 2020 | E-invoicing, SCF & E-procurement

Western Union has been named one of the non-bank approved lenders under the US Small Business Administration's (SBA) Paycheck Protection Program (PPP)

Western Union, banks, PPP, lenders, Small Business Administration, SBA, Paycheck Protection Program, US, coronavirus, COVID-19, loans

Western Union expands global network for real-time payments

24 Apr 2020 | Online Payments

Western Union has announced a continued expansion of its global network for real-time money-movement and payments.

Western Union, money transfers, real-time payments

Western Union is studying tech from Ripple for cross-border payment, research shows

14 Apr 2020 | Payments General

In a 2020 American Equity Research done by Credit Suisse, it was confirmed that Western Union has been studying and deliberating on the use of technology from Ripple for cross-border payment, according to News Logical.

XRP, cross-border payment, remittances, fintech, Western Union, fees, transactions, Ripple, blockchain

Western Union expands digital remittances services

02 Apr 2020 | Payments General

Remittance company Western Union has increased the reach of its digital money transfer services to more than 75 countries, reports Electronic Payments International.

Western Union, digital remittances, payouts

Western Union launches 'Digital Location' service

27 Mar 2020 | Payments General

Western Union has announced the launch of ‘Digital Location’, a money transfer personal-service assistant who will help users through the transaction.

Western Union, Digital Location, money transfer, transactions, digital transfer, Austria, Belgium, Italy, Portugal, Oman, cards

Integral partners with Western Union to provide FX technology solutions

17 Mar 2020 | Online Payments

US-based fintech Integral has partnered with Western Union to employ eFX risk management technology across Western Union Business Solutions platform.

Integral, Western Union, FX technology, risk management, currency, foreign exchange, trading solution, US, United States, North America, liquidity management

Western Union stops all money transfers from Canada to Cuba

02 Mar 2020 | Online Payments

Western Union has announced it is unable to operate money transfer services to Cuba from countries other than the United States, effective February 26, 2020. 

western Union, Cuba, Canada, online payments, money transfer, FX, foreign exchange, online transaction, trade embargo, US, trade

Mobile money market expected to reach USD 12.0 billion by 2024

27 Feb 2020 | Mobile Payments

According to a new market research report published by MarketsandMarkets, the mobile money market to grow from USD 3.4 billion in 2019 to USD 12.0 billion by 2024.

MarketsandMarkets, mobile payments, online payments, mobile payments market, Vodafone, Google, Orange, FIS, Paypal, Mastercard, Fiserv, Airtel, Gemalto, Alipay, MTN, PAYTM, Samsung, VISA, Tencent, Global Payments, Amazon, Apple, Western Union Holdings, Comviva, and T- Mobile

Postepay partners with Western Union to enable cross-border payments

07 Feb 2020 | Payments General

Italy’s Postepay has entered new partnership to enable its customers access Western Union’s platform to send funds globally.

Postepay, Western Union, cross-border payments

Western Union, Bharti Airtel launch real-time money transfer services

24 Jan 2020 | Mobile Payments

Western Union and India-based telco Bharti Airtel have partnered to launch two new payments services that will allow customers in India and Africa to move and receive money in real time, ZDNet reports.

Western Union, Bharti Airtel, telco, money transfer

Western Union joins forces with City Express

16 Dec 2019 | Payments General

US-based remittance company Western Union has joined forces with Japanese peer City Express for consumer-to-business (C2B) payments.

Western Union, City Express, payments, C2B

Western Union offers Jamaican Amazon.com customers a new payment option

06 Nov 2019 | Online Payments

Western Union has revealed a new payment option, which allows Amazon.com shoppers in Jamaica to pay in local currency for their Amazon.com purchases.

Western Union, payments, Amazon, shoppers, Jamaica, cross border, cross-currency, money movement, foreign exchange, online goods, ecommerce, payment methods

Western Union delivers updated Open Banking API for global payments

30 Oct 2019 | Online & Mobile Banking

Open Banking Report 2019

US-based cross-border payments platform Western Union has deployed API access to its supporting front-end payment applications through its Business Solutions unit.

Western Union, GlobalPay, Open Banking, Open Banking API, cross-border payments, payments, PSD2, Payment Services Directive 2, Strong Customer Authentication, SCA, RTS, internet security

Western Union expands into Asia with Kyodia and Hanpass partnership

24 Oct 2019 | Online Payments

Western Union has further expanded its white label offerings to Asia enabling customers of third-party money transfer companies to pay out through Western Union.

Western Union, Asia, Kyodia, Hanpass, partnership, payments, money transfer, cross-border payments

Amazon, Western Union bring cash payments to US customers who shop online

20 Sep 2019 | Ecommerce

Amazon has teamed up with Western Union to roll out a new programme called PayCode in the US, giving customers the option to pay with cash when shopping online.

Amazon, Western Union, PayCode, the US, cash payments, online retailer