Tag: Western Union

Western Union announces Devin B. McGranahan as new Chief Executive Officer

The Western Union Company, a cross-border, cross-currency money movement and payments platform, has announced the appointment of Devin B. McGranahan as new Chief Executive Officer (CEO). After a comprehensive succession planning process, the Board of Directors has appointed McGranahan to succeed Hikmet Ersek as CEO by year end 2021. McGranahan has also been appointed to…

Western Union and Mastercard Expand Global Partnership

The Western Union Company, a global cross-border, cross-currency money movement and payments platform, and Mastercard, a global technology company in the payments industry, have bolstered their decade-long strategic partnership. The deepened partnership expands Mastercard Send integration into Western Union’s global money movement network, and also Mastercard’s Cross-Border Services delivery via Western Union Business Solutions, a…

Western Union acquires 15% stake in Saudi telecom subsidiary stc pay

The Western Union Company, a global leader in cross-border, cross-currency money movement and payments, announced that the Company has entered into a definitive agreement to acquire a minority stake in fast growing Saudi Digital Payments Company, or stc pay, a fully owned subsidiary of Saudi Telecom Company.  According to the terms of the transaction, Western…

Western Union and Bharti Airtel collaboration unveils Real-time Global Payments in India and Africa

Western Union, a cross-border cross-currency money movement and payments company, and Bharti Airtel Limited, a global telecommunications company with operations in 18 countries across Asia and Africa, announced an unprecedented milestone in global money movement across the world’s significant emerging markets. The two industry leaders have come together to launch real-time payments soon into millions…