Western Union stories
Remittances could arrive faster and cheaper as Western Union rolls out a stablecoin option for customers in more than 200 countries and territories.
Banks could use the new platform to automate routine tasks and speed decisions, but only within strict guardrails and audit trails.
Backers including SC Ventures and Sony Innovation Fund are betting USD $40 million will help widen access to dollar-based payments in emerging markets.
The service lets remittance recipients hold dollar value in 37 markets, helping protect balances from local currency swings before spending via Visa.
The hire signals Binance's push to tighten compliance and local oversight in Australia and New Zealand, where regulators are scrutinising crypto firms.
Solana unveils an API-based developer platform for banks and payment firms, backed by Mastercard, Worldpay and Western Union pilots.
HCLTech and Western Union have formed a strategic partnership to innovate the financial services sector, enhancing agility with AI-powered solutions.
This new development will facilitate the fintech's ability to deliver its core banking services seamlessly on a global scale.
Cloud banking leader, Mambu, increases customer base in Australia's fintech sector, partnering with 10 major providers.
Western Union has successfully implemented a strategic intelligent automation programme from SS&C Blue Prism and its certified partner, ISG.
According to Australia Post, it is the fifth postal organisation worldwide to integrate Western Union's digital money transfer services.
The new post is meant to unify Smarsh's sales and customer teams as the software group pushes further into regulated markets overseas.
Procurement teams could cut manual work and manage risk more tightly as the new platform automates sourcing, checks and invoice matching.
Customers can now send money and pay bills at Total Wireless stores nationwide, as the chain adds Western Union's cash-based services.
Mambu rolls out its cloud-based Payments Hub in Indonesia, the Philippines, Malaysia and Singapore to streamline multi-rail payment processing.
Wise's research reveals 29% of Kiwis lack understanding of international money transfer fees, and calls for NZ government regulation to ensure transparency.
