The Western Union Company Stock News

DENVER--(BUSINESS WIRE)--The Western Union Foundation is proud to announce this year's cohort of 70 scholarship award winners, consisting of international and immigrant students representing 33 countries of origin, studying in 8 countries, and spanning 32 different universities. The Western Union Foundation has supported international students with “Global Scholarships” since 2016 and has grant...

Western Union has launched a media network business that lets companies advertise to its customers via company-owned channels like its website, mobile app and digital-out-of-home (DOOH) screen network as well as through audience extension.

DENVER--(BUSINESS WIRE)--Western Union today announced a new line of business offering companies a new way to connect and engage with a diverse, multicultural audience of millions of global consumers. “For more than a century and a half, people around the world have trusted Western Union as their means to connect across borders through the power of money movement,” said Bob Rupczynski, Chief Ma...

Western Union (NYSE:WU) did little to impress the market with its third quarter earnings report. The underperformance led WU stock to drop more than 3% for the day and knocking it down 6% so far this year. Over the past 12 months, the credit and banking services stock is down 16%.

Investors were clearly unimpressed by the company's third-quarter performance.

Western Union plans to acquire Dash, a mobile wallet in Singapore that has more than 1.4 million users. The company and Dash owner Singtel signed a conditional agreement on the sale of the mobile wallet, the companies said in a Wednesday (Oct. 23) press release.

Western Union's Branded Digital business saw 15% growth in transactions and 9% growth in revenue on a reported basis in the third quarter. This marked the sixth consecutive quarter of double-digit transaction growth for the Branded Digital business, the company said in a presentation released Wednesday (Oct. 23) in conjunction with its quarterly earnings call.

SINGAPORE--(BUSINESS WIRE)--Singtel and Western Union today announce that they have signed a conditional agreement on the sale of Dash. The sale is subject to regulatory approvals. Dash customers will continue to have access to all existing services in the meantime. Dash is Singapore's leading all-in-one mobile wallet that lets customers pay, remit, save, invest and insure from one app. Launche...