LONDON, Feb 18 (Reuters) - British online money transfer business TransferWise launched its U.S. operation on Tuesday, the first step of an international expansion that will use $58 million in new backing to compete with the likes of Western Union and MoneyGram.
(Reuters) - Western Union Co said it would cut prices for money transfers within the United States to help fend off fierce competition and would buy back up to $1.2 billion of shares.
* Forecasts 2015 profit above analysts' estimates (Adds details from conference call, CFO and analyst comments, background; updates shares)
Feb 10 (Reuters) - Western Union Co , the world's largest money-transfer company, reported a 28 percent rise in quarterly profit, helped by cost cuts and a lower tax bill.
We think Western Union ’s fourth-quarter results show that the company has steadied itself from an operational standpoint, but macro pressures acted
In our view, Western Union has three key priorities in the ..... excluding currency effects. Western Union 's core consumer-to-consumer ..... collectively is just about as important to Western Union . We don't expect these macro
We draw some encouragement by two recent signs of progress: 1) The recent launch of a co-branded prepaid card with Western Union ; and 2) Plans to make NetSpend products available on Wal-Mart stores. We believe these initiatives will help support
investigating claims by former employees of Western Union that the company has misrepresented ..... exact nature of the claims is unclear. Western Union did recently retract its previous guidance ..... announcement as a non-event, because while Western Union 's performance in digital channels
transfer and foreign exchange markets. The key difference between OzForex and the traditional players--such as the banks, Western Union , and the smaller stores you see in your mall or at the airport--is that OzForex has no branch network. It's purely
investors had a negative reaction to Western Union ’s recent announcement that it would ..... shouldn’t obscure the fact that Western Union ’s recent performance in electronic ..... wide moat rating. It is notable that Western Union ’s growth in electronic channels continues