US Market News
3日前
Western Union Reports Inducement Grants Under New York Stock Exchange Listing Rule 303A.08June 5, 2026 6:12 PM
Business Wire The Western Union Company (NYSE: WU) today announced that it issued inducement awards to two new non-executive employees under the New York Stock Exchange’s Listing Rule 303A.08. The awards were granted as restricted stock units (RSUs) with respect to an aggregate of 267,380 shares of the Company’s common stock and were granted as of June 5, 2026. These awards were granted in connection with the employment of certain key employees who will be supporting the execution of the Company’s Beyond strategy, including the Senior Vice President, Global Digital Product and North America Digital Go To Market and the Senior Vice President, Chief Information Security Officer. The RSUs are scheduled to vest on a three-year ratable vesting schedule, generally subject to the employee’s continued employment through each vesting date. The awards were approved by the Compensation and Benefits Committee of the Board of Directors of the Company, and were granted under The Western Union Company 2026 Inducement Plan as employment inducement awards pursuant to New York Stock Exchange Listing Rule 303A.08. About Western Union The Western Union Company (NYSE: WU) is committed to helping people around the world who aspire to build financial futures for themselves, their loved ones and their communities. Our leading cross-border, cross-currency money movement, payments and digital financial services empower consumers, businesses, financial institutions and governments—across more than 200 countries and territories and nearly 130 currencies—to connect with billions of bank accounts, millions of digital wallets and cards, and a global footprint of hundreds of thousands of retail locations. Our goal is to offer accessible financial services that help people and communities prosper. For more information, visit www.westernunion.com. WU-G View source version on businesswire.com: https://www.businesswire.com/news/home/20260605884087/en/ Media Relations:
Amanda Demarest
media@westernunion.com Investor Relations:
Tom Hadley
WesternUnion.IR@westernunion.com Original: Western Union Reports Inducement Grants Under New York Stock Exchange Listing Rule 303A.08
US Market News
5日前
Bybit Becomes First Major Crypto Exchange to Integrate Western Union’s USDPT Stablecoin, Bridging Two Financial Worlds Through One StablecoinJune 4, 2026 7:30 AM
Business Wire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, and Western Union, the global money transfer network, today announced that its users can now access USDPT, a US dollar–denominated stablecoin issued by Anchorage Digital Bank, N.A. on the Solana blockchain, via Bybit's fiat channels. This integration makes Bybit the first major crypto exchange to join Western Union’s global USDPT network. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260604080127/en/ Through this launch, Bybit and Western Union are building the foundations for a deeper, faster, and compliant integration of digital assets into the broader financial system. Starting with the onboarding of USDPT, Bybit and Western Union will expand on digital asset utility and towards a more inclusive vision for the future of finance. USDPT is issued by Anchorage Digital Bank, N.A., a US national trust bank. USDPT is redeemable 1:1 for US dollars, and is fully backed by reserves. USDPT is designed to operate within real-world payment systems, combining blockchain-based settlement with Western Union’s global compliance, risk and distribution capabilities. Bybit brings the exchange platform, fiat liquidity, and access to millions of users. Western Union brings the stablecoin, the institutional backing, and one of the world's most established financial networks. Together, they open up a new way to buy and sell USDPT in local currencies. Bybit has been building the crypto infrastructure to address real-world financial services gaps since 2018. USDPT, built on Solana and issued by Anchorage Digital Bank, is where those two trajectories meet. In practice, that means a new on- and off-ramp channel for USDPT in selected markets across Latin America. Users can buy USDPT with supported fiat currencies on Bybit, or convert holdings back to any of those currencies at any time. “Making USDPT available through a leading global exchange like Bybit is a meaningful step in extending Western Union’s network into the digital asset ecosystem,” said Malcolm Clarke, Head of Digital Assets at Western Union. “By connecting our global payout infrastructure with a major crypto platform, we’re enabling more seamless movement between digital value and real-world money. This is where we see the future of settlement heading: always-on, programmable, and integrated across both traditional and digital financial systems, with USDPT at the center as a trusted, regulated settlement asset.” “This product marks a meaningful step for crypto adoption. When an established financial institution joins forces with a leading crypto exchange in a new stablecoin network, it shows crypto’s potential as payment infrastructure. For the millions who depend on remittances, USDPT represents financial innovation that solves real problems for real people,” said Victoria Kilikyan, Deputy Head of Fiat at Bybit. "Bybit and Western Union are setting a new standard for real-world crypto adoption in Latin America. We're building infrastructure for the future of the digital economy by working with an established global network that millions of people already trust," said Patricio Mesri, Country Manager of Spanish-speaking Latin America at Bybit. USDPT is now available on Bybit. To transact with USDPT, eligible users may simply log into Bybit and select the token, if available to their account, and buy or sell through Bybit One-Click Buy. The simple flow slashes the time needed from USDPT purchase to fiat off-ramp from days to minutes. Through the new channel, senders benefit from faster delivery of funds and lower overall costs. For Western Union and Bybit, it streamlines operations by removing settlement friction and capital lock-up across multiple layers. USDPT was launched as part of Western Union's broader digital asset strategy. The innovation creates a new layer parallel to legacy settlement networks that operate only on business days, enabling around-the-clock settlement. Terms and conditions apply. For details on eligibility and potential restrictions, and to learn more about how to trade USDPT on Bybit, users may visit: Bybit and Western Union bring USDPT to Latin America Disclaimer: USDPT is a digital asset issued by Anchorage Digital Bank, N.A.. USDPT is not issued, backed, approved, or guaranteed by the US government. Bybit does not issue, back, or guarantee USDPT. Bybit provides only a virtual asset trading platform and does not provide any remittance, foreign-exchange, cash, or money transfer services. #Bybit / #NewFinancialPlatform About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com. For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit's Communities and Social Media About Western Union The Western Union Company (NYSE: WU) is committed to helping people around the world who aspire to build financial futures for themselves, their loved ones and their communities. Our leading cross-border, cross-currency money movement, payments and digital financial services empower consumers, businesses, financial institutions and governments—across more than 200 countries and territories and nearly 130 currencies—to connect with billions of bank accounts, millions of digital wallets and cards, and a global footprint of hundreds of thousands of retail locations. Our goal is to offer accessible financial services that help people and communities prosper. For more information, visit www.westernunion.com. WU-G View source version on businesswire.com: https://www.businesswire.com/news/home/20260604080127/en/ Media Relations: media@westernunion.com Original: Bybit Becomes First Major Crypto Exchange to Integrate Western Union’s USDPT Stablecoin, Bridging Two Financial Worlds Through One Stablecoin
US Market News
1月前
Western Union Selects Fireblocks to Power its First Stablecoin, USDPTMay 4, 2026 7:30 AM
PR Newswire (US)
Fireblocks will provide the wallet, settlement, and financial operations infrastructure for Western Union's digital dollar, extending access and creating the foundation for a broader set of financial services to consumers in the Philippines and Bolivia, with global rollout planned through 2026. NEW YORK and DENVER, May 4, 2026 /PRNewswire/ -- Western Union (NYSE: WU) today announced it has selected Fireblocks, the enterprise platform securing more than $14 trillion in digital asset transactions, to provide the core infrastructure behind USDPT, Western Union's U.S. dollar-backed stablecoin. Fireblocks' platform, along with Dynamic's embedded wallet and TRES' financial platform, both recently acquired by Fireblocks, will power Western Union's ability to settle with agents in USDPT across Western Union's global network this year.
Western Union has built its business on giving people fast, reliable access to money across borders. USDPT carries that legacy onto stablecoin rails. Fireblocks provides the unified infrastructure that lets Western Union operate USDPT at scale and better serve customers who live in markets where access to U.S. dollars is limited, local currencies are volatile or formal banking is out of reach. With USDPT, they will be able to hold value in dollars, choose when and how to convert into local currency and use those balances for spending and transfers across Western Union's network."Stablecoins are the foundation of how we deliver the next generation of settlement and consumer services in an evolving digital ecosystem," said Malcolm Clarke, Global Head of Digital Assetsat Western Union. "It puts a programmable dollar into our vast ecosystem and provides Western Union a platform from where we can continue to deliver customer utility and value. Working with Fireblocks, Dynamic and TRES provide a key part of our infrastructure enabling us to operationalize safely and securely at scale from day one."The Infrastructure Powering USDPT
Western Union is building USDPT treasury operations on the Fireblocks platform, which delivers the wallet, settlement and financial operations layer required to launch a regulated stablecoin program across a global consumer network.Fireblocks is the treasury bridge giving Western Union end-to-end control over USDPT's flow from treasury operations to tellers and consumers. The platform provides custody, policy controls and the Payments Engine for issuance and movement, with the Fireblocks Network connecting Western Union to 2,400+ institutional counterparties across 100+ countries for liquidity and settlement.Dynamic delivers the non-custodial embedded wallets that hold USDPT for Western Union's agents. These secured wallets are the basis for the additional services WU could deploy over time..TRES consolidates onchain data from across Western Union's USDPT stack, including wallet operations, treasury management and qualified custody, and translates it into the SWIFT MT940 and MT942 bank statement formats Western Union's treasury and finance systems already run on. The output flows directly into existing financial reporting cycles, letting USDPT operate inside Western Union's day-to-day reporting environment from launch."Remittance and cross-border payments are where stablecoin infrastructure proves its value in production," said Ran Goldi, SVP Payments and Network at Fireblocks. "Western Union operates one of the most complex global money movement networks in the world. Operationalizing a digital dollar across that network requires wallet infrastructure, settlement connectivity, and financial operations that work with the systems Western Union already runs. That is what Fireblocks, Dynamic and TRES deliver together."Global Rollout
USDPT operations on Fireblocks will roll out initially across two markets, the Philippines and Bolivia, with expansion across Western Union's global network through 2026. The rollout aligns with Western Union's broader strategy to modernize its settlement infrastructure and strengthen its competitive position as the global payments industry moves onchain."Every major shift in financial services requires infrastructure that can keep pace," said Michael Shaulov, CEO and Co-Founder of Fireblocks. "Western Union has operated the rails of global money movement for more than 170 years. Building USDPT on Fireblocks represents a generational modernization of that infrastructure, and we're proud to be the platform they've chosen to build it on."About Fireblocks
Fireblocks is the world's most trusted digital asset infrastructure company, empowering organizations of all sizes to build, manage and grow their business on the blockchain. With the industry's most scalable and secure platform, we streamline stablecoin payments, settlement, custody, tokenization, trading, accounting operations, and compliance reporting, enabling everything from institutional finance to consumer-facing digital experiences across the largest ecosystem of banks, payment providers, stablecoin issuers, exchanges and custodians. Thousands of organizations, including Worldpay, BNY, Galaxy, and Revolut, trust Fireblocks to secure more than $14 trillion in digital asset transactions across 150+ blockchains. Learn more at fireblocks.com.About Western Union
The Western Union Company (NYSE: WU) is committed to helping people around the world who aspire to build financial futures for themselves, their loved ones and their communities. Our leading cross-border, cross-currency money movement, payments and digital financial services empower consumers, businesses, financial institutions and governments—across more than 200 countries and territories and over 130 currencies—to connect with billions of bank accounts, millions of digital wallets and cards, and a global footprint of hundreds of thousands of retail locations. Our goal is to offer accessible financial services that help people and communities prosper. For more information, visit www.westernunion.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/western-union-selects-fireblocks-to-power-its-first-stablecoin-usdpt-302760774.htmlSOURCE Fireblocks
Original: Western Union Selects Fireblocks to Power its First Stablecoin, USDPT
US Market News
1月前
Western Union Launches USDPT on Solana Advancing Regulated Digital Infrastructure for Global PaymentsMay 4, 2026 7:30 AM
Business Wire
Western Union (NYSE: WU) today announced the launch of USDPT, its U.S. dollar-denominated payment stablecoin, marking a major milestone in the company’s evolution toward regulated, digital-first financial infrastructure.
Fully backed by U.S. dollars and issued by Anchorage Digital Bank N.A., the first federally regulated crypto bank in the United States, and built on Solana, USDPT is designed to operate within real-world payment systems, combining blockchain-based settlement with Western Union’s global compliance, risk and distribution capabilities.
“USDPT reinforces Western Union’s role as a global payments platform,” said Devin McGranahan, Western Union’s President and CEO. “By integrating a regulated digital dollar directly into our network, we’re creating a more efficient settlement layer that supports partners, agents and future consumer use cases — all while preserving the trust and scale that define our brand.”
Issued by Anchorage Digital Bank N.A. on federally regulated infrastructure and integrated into Western Union’s payment systems, USDPT serves as an always-on settlement asset that operates on Solana’s high-performance blockchain that eliminates the latency and fragmentation of traditional correspondent banking rails.
“Stablecoins have always promised faster, more efficient money movement, but scaling them into real payment networks requires more than technology,” notes Nathan McCauley, Co-Founder and CEO, Anchorage Digital. “It requires regulatory alignment and operational rigor. As a federally chartered bank, we provide that foundation, allowing USDPT to function as trusted, always-on financial infrastructure from day one.”
“Bringing stablecoins into production payment flows requires infrastructure that is both institution-grade and continuously available,” said Lily Liu, President, Solana Foundation. “Solana’s high-throughput, low-latency design enables assets like USDPT to move with the speed and reliability required for real-world financial settlement, supporting global payments without interruption.”
Connecting Digital Assets to Real-World Payments
USDPT is designed to support multiple strategic use cases across Western Union’s ecosystem, reinforcing the company’s long-standing role as a bridge between global financial systems and local access to financial services for its customers.
Western Union is developing the following services to support USDPT:
Global Exchange Support, to make USDPT available for purchase on licensed global virtual currency exchanges.
Digital Asset Network, to connect licensed virtual currency exchanges and custodians to Western Union’s global payout and liquidity infrastructure.
Stable by Western Union, a consumer-facing spend capability launching in 2026 in 40+ countries.
Treasury and Agent Settlement, to enable near-instant, 24/7 settlement with USDPT between Western Union and its global agents. This will allow Western Union to reduce idle balances and deploy liquidity more dynamically across its network.
Together, these applications will extend USDPT from institutional settlement into practical, real-world usage, linking digital value with cash-based and consumer payment experiences.
A Signal for the Future of Payments
The launch of USDPT reflects a broader shift in how global payments are evolving, as established financial institutions adopt regulated digital assets as core infrastructure going forward.
By combining blockchain settlement with one of the world’s most established money movement networks, Western Union is helping shape a future where digital dollars operate at global scale with institutional trust.
About Western Union
The Western Union Company (NYSE: WU) is committed to helping people around the world who aspire to build financial futures for themselves, their loved ones and their communities. Our leading cross-border, cross-currency money movement, payments and digital financial services empower consumers, businesses, financial institutions and governments—across more than 200 countries and territories and over 130 currencies—to connect with billions of bank accounts, millions of digital wallets and cards, and a global footprint of hundreds of thousands of retail locations. Our goal is to offer accessible financial services that help people and communities prosper. For more information, visit www.westernunion.com.
About Anchorage Digital
Anchorage Digital is a global crypto platform that enables institutions to participate in digital assets through trading, staking, custody, governance, settlement, stablecoin issuance, and the industry’s leading security infrastructure. Home to Anchorage Digital Bank N.A., the first federally chartered crypto bank in the U.S., Anchorage Digital also serves institutions through Anchorage Digital Singapore, which is licensed by the Monetary Authority of Singapore; Anchorage Digital NY, which holds a BitLicense from the New York Department of Financial Services; and self-custody wallet Porto by Anchorage Digital. Anchorage Digital Bank also offers fiat custody services through the use of an FDIC-insured, licensed sub-custodian. Anchorage Digital is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with a valuation of $4.2 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, on X @Anchorage, and on LinkedIn.
WU-G
View source version on businesswire.com: https://www.businesswire.com/news/home/20260504531737/en/
Media Contact:
Amanda Demarest
media@westernunion.com
Original: Western Union Launches USDPT on Solana Advancing Regulated Digital Infrastructure for Global Payments
iHub News
1月前
Western Union Shares Drop on Earnings Miss Despite Revenue BeatApril 24, 2026 10:20 AM
IH Market News
Shares of Western Union Company (NYSE:WU) fell more than 4% in premarket trading on Friday after the company reported first-quarter earnings below expectations, even as revenue slightly exceeded forecasts.
Earnings Miss Driven by Cost Pressures
Western Union posted adjusted earnings per share of $0.25, missing the $0.39 analyst consensus.Revenue came in at $983 million, ahead of the $965.42 million estimate and broadly flat year-on-year, though down 1% on an adjusted basis.The weaker earnings were attributed to lower fixed cost coverage at company-owned locations, the timing of vendor incentives, higher expenses tied to new partnerships, a significant foreign exchange loss and a higher tax rate.“First quarter results reflect the continued challenges in our Americas retail business as well as a few discrete items affecting the quarter,” said Devin McGranahan. “Looking ahead, the pending acquisition of Intermex is expected to strengthen our retail capabilities in the Americas, our stablecoin launch will modernize our payment systems, and continued investment in our digital channel is preparing us for a more digitally-focused future.”
Segment Performance Mixed
The Consumer Services division delivered strong growth, with revenue rising 24%, or 33% on an adjusted basis, driven by expansion in the Travel Money business and the contribution from the Eurochange Limited acquisition, as well as higher bill payment volumes.Branded Digital revenue increased 9%, or 6% on an adjusted basis, supported by a 21% rise in transactions.However, the Consumer Money Transfer segment saw revenue decline 3% on a reported basis, or 6% when adjusted.
Margins Under Pressure
Operating margin narrowed to 13%, down from 18% in the same period last year. The decline was driven by higher expenses in North America, the absence of vendor incentive payments, increased commissions linked to new agent agreements and foreign exchange impacts.
Outlook Maintained
Western Union reaffirmed its full-year 2026 guidance, forecasting adjusted earnings per share of between $1.75 and $1.85. The midpoint of $1.80 is slightly above the $1.79 consensus estimate.The company also expects adjusted revenue growth in the range of 6% to 9% for the year.Western Union Company stock price
Original: Western Union Shares Drop on Earnings Miss Despite Revenue Beat
US Market News
2月前
Western Union to Release First Quarter 2026 Results on April 24, 2026April 9, 2026 4:05 PM
Business Wire
The Western Union Company (NYSE: WU) announced today that Chief Executive Officer, Devin McGranahan, and Chief Financial Officer, Matt Cagwin, will host a webcast and conference call to discuss first quarter 2026 results on April 24, 2026, at 8:30 a.m. ET. A press release highlighting the financial results will be issued before the call.
The webcast and presentation will be available at https://ir.westernunion.com. A replay of the webcast will be available shortly after the event.
To listen to the webcast, please visit the Investor Relations section of the Company’s website or use the following link: Webcast Link. Alternatively, participants may join via telephone. In the U.S., dial + 1 719 359 4580, followed by the meeting ID, which is 996 2148 6887, and the passcode, which is 843898. For participants outside the U.S., dial the country number from the international directory, followed by the meeting ID, which is 996 2148 6887, and the passcode, which is 843898. Participants are encouraged to join at least fifteen minutes prior to the scheduled start time.
About Western Union
The Western Union Company (NYSE: WU) is committed to helping people around the world who aspire to build financial futures for themselves, their loved ones and their communities. Our leading cross-border, cross-currency money movement, payments and digital financial services empower consumers, businesses, financial institutions and governments—across more than 200 countries and territories and nearly 130 currencies—to connect with billions of bank accounts, millions of digital wallets and cards, and a global footprint of hundreds of thousands of retail locations. Our goal is to offer accessible financial services that help people and communities prosper. For more information, visit www.westernunion.com.
WU-G
View source version on businesswire.com: https://www.businesswire.com/news/home/20260409745285/en/
Media Relations:
Amanda Demarest
media@westernunion.com
Investor Relations:
Tom Hadley
WesternUnion.IR@westernunion.com
Original: Western Union to Release First Quarter 2026 Results on April 24, 2026
US Market News
3月前
Western Union Appoints Global Business Leader Milind Pant to its Board of DirectorsMarch 13, 2026 6:00 PM
Business Wire
The Western Union Company (NYSE: WU) today announced the appointment of Milind Pant as an independent director to its Board of Directors, effective immediately.
Mr. Pant, age 55, is a distinguished global business leader whose career has encompassed transformative roles across consumer goods, services and health sectors. He is currently an Executive Fellow with the Kellogg School of Management. As the first non-family CEO of Amway, he led a six-year transformation, shifting the company’s focus from legacy direct selling to consumer health, and championed digital commerce, empowering over a million micro-entrepreneurs.
“We are delighted to welcome Milind Pant to our Board of Directors,” said Jeff Joerres, Chair of the Board of Western Union. “Milind’s extensive experience in digital transformation and global consumer markets will be invaluable as we continue to advance our strategic priorities and enhance value for our shareholders, customers and partners.”
Prior to Amway, Mr. Pant served as President of Pizza Hut International, where he spearheaded the brand’s transition to a modern, fast-casual delivery model, and as President and COO of Yum! China, driving the turnaround and expansion of a $6 billion business with over 7,000 restaurants. Earlier in his career, he spent 15 years with Unilever in roles spanning India, Africa, the Middle East, and Turkey. Having led companies in five countries across three continents, Milind brings a unique global perspective and a steadfast commitment to growth and innovation.
“It is a tremendous honor to join the Board of Directors of Western Union, a company with a remarkable 175-year legacy of connecting people and communities across the globe,” said Mr. Pant. “I am excited to contribute to the advancement of Western Union’s Beyond strategy and help guide the next chapter of innovation and growth. Together, we have an extraordinary opportunity to positively shape the future for our customers”
Mr. Pant will serve on the Audit and the Compliance Committees of the Board, also effective immediately.
About Western Union
The Western Union Company (NYSE: WU) is committed to helping people around the world who aspire to build financial futures for themselves, their loved ones and their communities. Our leading cross-border, cross-currency money movement, payments and digital financial services empower consumers, businesses, financial institutions and governments—across more than 200 countries and territories and nearly 130 currencies—to connect with billions of bank accounts, millions of digital wallets and cards, and a global footprint of hundreds of thousands of retail locations. Our goal is to offer accessible financial services that help people and communities prosper. For more information, visit www.westernunion.com.
WU-G
View source version on businesswire.com: https://www.businesswire.com/news/home/20260313302860/en/
Media Contact:
Amanda Demarest
media@westernunion.com
Original: Western Union Appoints Global Business Leader Milind Pant to its Board of Directors
US Market News
3月前
Crossmint Partners with Western Union to Support USDPT Stablecoin and Digital Asset Network on SolanaMarch 4, 2026 11:29 AM
PR Newswire (US)
Partnership aims to expand real-world access for USDPT and support Western Union's new Digital Asset NetworkNEW YORK, March 4, 2026 /PRNewswire/ -- Crossmint, a leading platform for enterprise-grade stablecoin infrastructure, today announced that it is partnering with Western Union (NYSE: WU) to support the rollout of USDPT, Western Union's new U.S. dollar-denominated stablecoin that will be issued on Solana, and the company's newly announced Digital Asset Network.
Western Union's Digital Asset Network is designed to link stablecoins to real-world cash access, allowing users to convert digital dollars into local currency through more than 360,000 collection points worldwide."Stablecoins are quickly becoming a foundation for global treasury money movement," said Rodrigo Fernández Touza, Co-Founder of Crossmint. "Western Union has one of the most recognized payout networks on the planet. We're excited to partner with them as they bring USDPT to market and explore new ways to connect digital dollars with local access around the world."As part of the partnership, Crossmint plans to integrate with Western Union's Digital Asset Network and support access to USDPT within its existing wallet and payment APIs. Over time, this will help enable new fintech applications to move funds instantly on Solana, hold value in digital dollars, and connect to Western Union's payout options where available."Western Union's Digital Asset Network is designed to link digital value with our global cash and payout ecosystem," said Malcolm Clarke, Western Union's Vice President of Digital Assets. "Working with partners like Crossmint helps to seamlessly connect global wallets and digital platforms to Western Union's trusted payment infrastructure. This collaboration bridges digital value with real-world access, enabling Crossmint's customers to enjoy reliable cash pick-up options in more than 200 countries globally. About CrossmintCrossmint is the leading enterprise-grade, all-in-one stablecoin and wallet infrastructure enabling fintechs and enterprises to integrate crypto rails and smart wallets with speed, compliance, and scale.Trusted by more than 40,000 clients, Crossmint provides embedded smart wallets, on/offramps, cross-chain stablecoin orchestration, token checkout, and other blockchain primitives through simple, developer-friendly APIs—no blockchain engineers required. Backed by Ribbit Capital, Franklin Templeton, and other top investors.About Western UnionThe Western Union Company (NYSE: WU) is committed to helping people around the world who aspire to build financial futures for themselves, their loved ones and their communities. Our leading cross-border, cross-currency money movement, payments and digital financial services empower consumers, businesses, financial institutions and governments—across more than 200 countries and territories and over 130 currencies—to connect with billions of bank accounts, millions of digital wallets and cards, and a global footprint of hundreds of thousands of retail locations. Our goal is to offer accessible financial services that help people and communities prosper. For more information, visit www.westernunion.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/crossmint-partners-with-western-union-to-support-usdpt-stablecoin-and-digital-asset-network-on-solana-302703449.htmlSOURCE Crossmint
Original: Crossmint Partners with Western Union to Support USDPT Stablecoin and Digital Asset Network on Solana
iHub News
4月前
Western Union slips after Q4 revenue falls short of forecastsFebruary 20, 2026 8:34 AM
IH Market News
Western Union Company (NYSE:WU) reported fourth-quarter results that beat earnings expectations but missed on revenue, sending shares down about 2.5% following the release.The payments and money transfer provider posted adjusted earnings per share of $0.45 for the quarter, exceeding the $0.43 analyst consensus. Revenue, however, totaled $1.0 billion — below the $1.04 billion expected by analysts — and declined 5% year over year on both a reported and adjusted basis.The revenue miss was primarily attributed to weaker performance in the Americas retail segment, which outweighed gains in the Consumer Services and Branded Digital businesses.For fiscal 2026, Western Union guided to adjusted EPS in the range of $1.75 to $1.85. The midpoint of $1.80 is modestly above the consensus estimate of $1.79. The company also expects adjusted revenue to grow between 6% and 9% for the full year, assuming the planned acquisition of International Money Express is completed in the second quarter.“Despite a challenging operating environment in 2025, we delivered meaningful progress across the business,” said Devin McGranahan, President and Chief Executive Officer. “We strengthened our Consumer Services offerings, expanded our owned retail footprint, and accelerated our transition to a more digital-first operating model.”Within the Consumer Services segment, revenue increased 26% on an adjusted basis during the quarter, driven in part by the expansion of the Travel Money business and the acquisition of Eurochange Limited. Branded Digital revenue rose 6% on an adjusted basis, with transaction volumes up 13%, accounting for 30% of total Consumer Money Transfer revenue.Adjusted operating margin improved to 20%, up from 17% in the same period last year, reflecting ongoing cost discipline. The board also declared a first-quarter 2026 dividend of $0.235 per share, payable on March 31.Western Union Company stock price
Original: Western Union slips after Q4 revenue falls short of forecasts
starbuxsux
13年前
Western Union Continues to Expand: Money Transfers Can Now Be Sent From Around the World to Myanmar
Jan 14, 2013 08:00:02 (ET)
ENGLEWOOD, Colo., Jan 14, 2013 (BUSINESS WIRE) -- The Western Union Company , a leader in global payment services, today launched Western Union Money Transfer(R) services at six banks in Myanmar, for the first time allowing Myanmarese and residents to receive international money remittances from more than 200 countries and territories in minutes.
In addition to the six banks, Kanbawza Bank, the largest private bank in Myanmar with over 90 locations nation-wide, has signed with Western Union.
A combined network of more than 150 locations representing Co-operative Bank, First Private Bank, Myanma Apex Bank, Myanmar Livestock and Fisheries Development Bank, Myanmar Oriental Bank and United Amara Bank are now connected to Western Union's global network of over 500,000 Agent locations.
Kanbawza's agreement will further expand the Western Union Agent Network to nearly 250 locations in the coming month. Western Union is the first global money transfer operator to sign seven banks after sanctions were eased last year.
"We welcome our first six Bank Agents into the Western Union family. Together, we are delighted to move money into Myanmar, allowing its people to access remittances with speed, reliability and convenience," said Drina Yue, Managing Director and Senior Vice President, Western Union, Asia Pacific.
"In connecting Myanmar with great swiftness, we have furthered our company vision of serving the under-served. For this, we thank the Myanmar government, regulators and our Bank Agents for showing great foresight in facilitating rapid service activation much needed by mostly Myanmar's citizens living and working across the globe," she said.
"International money transfer is an essential service for Myanmarese overseas and their families; it is a vital link to send money for regular financial support, education, medical, gifting on special occasions and other purposes," she said.
About Western Union
The Western Union Company is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. As of September 30, 2012, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of approximately 510,000 agent locations in 200 countries and territories. In 2011, The Western Union Company completed 226 million consumer-to-consumer transactions worldwide, moving $81 billion of principal between consumers, and 425 million business payments. For more information, visit www.westernunion.com .
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WU-F
http://cts.businesswire.com/ct/CT?id=bwnews&sty=20130114005144r1&sid=cmtx4&distro=nx
SOURCE: Western Union
Western Union
United States:
Dan Diaz, +1 720-332-5564
daniel.diaz@westernunion.com
or
Asia Pacific:
Pia De Lima, +852 9261 8155
pia.delima@westernunion.com