Post Tagged with: "Western Union"

Add Western Union to List of PayPal Foes with Paybybank [VIDEO]

Add Western Union to List of PayPal Foes with Paybybank [VIDEO]

by June 7, 2016 at 12:30 pm 0 comments

Add another name to the host of competitors facing PayPal: a European service called Paybybank. Paybybank offers a digital checkout service that links directly to a shopper’s bank account, prioritizing security over speed and convenience. The service is described as new in a video released yesterday, but seems to have been available inRead More

Pirates with Ties interview with David Thompson of Western Union

Pirates with Ties interview with David Thompson of Western Union

by May 29, 2016 at 1:00 am 3 comments

In the Pirates with Ties interview series, we are interviewing people who are leading digital transformation and innovation in major Financial Institutions. David Thompson is the Executive Vice President, Global Operations & Chief Information Officer at Western Union. In this interview we learn about WU Edge, their recently launched cross border payments platform for SME.Read More

Hot Hashtag: #Copenhagen, Fintech Destination

Hot Hashtag: #Copenhagen, Fintech Destination

by April 5, 2016 at 12:37 pm 1 comment

This week, with Money 20/20 in town, the gaze of the world’s fintech watchers is centered on Copenhagen, Denmark. It seems the Danish city has charmed its fintech-hungry visitors. Although the hashtags for #money2020europe have reached 1.7 million Twitter users in the last three days, #Copenhagen has reached 3.2 million. That dwarfs the amountRead More

Facing P2P Competition, Western Union to Launch Business Service

Facing P2P Competition, Western Union to Launch Business Service

by April 4, 2016 at 6:14 pm 2 comments

Western Union is diversifying. Its main business, cross-border peer-to-peer payments, faces significant threat of disruption, and rightly so — these payments can be expensive, slow, and far from transparent. Western Union is among the world leaders in the market, moving $75 billion in 2015, some 15% of total consumer remittances. ButRead More

Western Union Will Give Ripple a Chance

Western Union Will Give Ripple a Chance

by April 29, 2015 at 11:11 am 12 comments

News broke yesterday at the Milken Institute’s Global Conference 2015 that Western Union is planning an “experiment” with Ripple Labs, the group behind the Ripple protocol. In Oct. 2013, when Ripple struck a deal with the money transfer service ZipZap, it was called a threat to Western Union. At that time, Western UnionRead More

Meet the First Pro-Bitcoin Lobbyist in DC

Meet the First Pro-Bitcoin Lobbyist in DC

by May 27, 2014 at 4:14 pm 1 comment

Falcon Global Capital, the world’s first investment fund focused on virtual currencies, is sending CEO Brett Stapper to Washington to convince Congress that Bitcoin is the future of currency. Actually, you might say that since Stapper is the CEO, he is sending himself. According to The Hill, Brett Stapper filedRead More

Walmart Enters P2P Space

Walmart Enters P2P Space

by April 21, 2014 at 3:27 pm 0 comments

American consumers may not go to bank branches all that often, but they sure go to Walmart. 80% of Americans are said to shop at Walmart at least once a year. America’s largest retailer debuted a service called Walmart-2-Walmart last week that allows customers to send money to other customersRead More

VIDEO: Pay a Bill with Western Union’s WU Pay

by June 18, 2013 at 9:56 am 0 comments

WU Pay is part of Western Union’s strategy to catch up in payments. Customers can use WU Pay for online purchases, then fund that payment by handing over cash at one of Western Union’s 44,000 locations. Now Western Union is opening up WU Pay to online bill pay, all fundedRead More