The Western Union Company (WU) recently announced its collaboration with Tencent Financial Technology. The company’s partnership with Tenpay Global, the cross-border payment platform of Tencent's renowned Weixin, is aimed at providing flexibility for WU users to transfer money to China directly through Weixin Pay wallets. Customers can remit up to $5,000 per transaction.This move is a pivotal step forward for Western Union's ambitious Evolve 25 strategy aimed at amplifying digital growth and enhancing custo ...

The Western Union Company (WU) collaborated with Cuba’s popular online marketplace, Katapulk, to provide an additional money transfer channel for U.S. customers sending money to Cuba. Customers can send money either from the official website of Katapulk Marketplace or via its mobile app for iOS and Android users.Funds can be transferred to only bank accounts and debit cards, and the service is restricted to consumer money transfers. U.S. customers will need to provide valid government-issued identification ...

The Western Union Company (WU) is poised for growth, leveraging increasing transaction volumes and resilience in its Branded Digital business. The company's improving performance in Latin America, the Caribbean, South Asia and other regions further bolsters its growth prospects. Additionally, Western Union's operational margins and strong dividend yield present a compelling investment opportunity.Headquartered in Denver, CO, WU is a leader in global money transfer. It currently has a market cap of $4.4 bill ...

Yau Ming Low/iStock Editorial via Getty Images Investment Thesis Western Union (NYSE:WU) was once one of the most important companies in the United States, but it is currently doing very poorly from the perspective of revenue and earnings growth. It's reassuring to see that the company maintains good operational margins, and some investors will surely appreciate the strong dividend yield resulting from a low valuation relative to history. I'm quite frustrated that management seem to have no credible plan fo ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key ...

The Western Union Company (WU) teamed up with GraceKennedy (“GK”) and Lynk in a bid to provide enhanced remittance services across Jamaica and expand its digital footprint on the island.The partnership entails the integration of Western Union’s money transfer services into the mobile wallet apps of GK, GKOne, and Lynk. With access to such beneficial services, Jamaicans will gain from increased choices to digitally receive money anytime from any corner of the world. The hassle-free nature and speed of such s ...

Investors might want to bet on Western Union (WU) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of ...

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The Western Union Company (WU) recently announced the resumption of its remittance service from the United States to Cuba. Services were paused since Jan 28, shortly before a Cuban official declared a cybersecurity incident that impacted Cuba's electronic payment systems. No specific cause of the technical issues was shared.Western Union collaborated with its processing partner Orbit S.A. to reinstate the services, which are essential for the country's economy. Customers in the United States will have the c ...

The Western Union Company (WU) recently announced that it has joined forces with Adonis supermarkets to enhance cross-border money transfer services in Canada. The strategic partnership is expected to enable them to provide Western Union’s services to consumers in Adonis Seville and Adonis Griffintown locations in Montreal.The move is expected to boost Western Union’s footprint in Canada. The company continues to increase its penetration of the global cross-border consumer payments market. It divested its B ...