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Western Union News

Western Union is an American company that specializes on provision services at intermediation of international money transfers. The company was founded in 1851 and currently is headquartered in Greenwood Village, CO. Western Union provides transfer services in 200 countries around the world with the help of Western Union’s international official representatives. In the end of 2017, the company announced that it will ban all transactions somehow related to cryptocurrency. However, in 2018, Western Union cooperated with altcoin network Ripple in order to test and implement its technologies to improve the money transferring process, which can lead to faster transactions and a reduction in Western Union fees.

Top News

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The world’s largest money transfer company Western Union will not add a cryptocurrency transfer solution to its services soon, claiming there is not sufficient ...

Western Union Will Not Add Crypto Transfer Support in Near Future, Says CEO

2018-06-14T04:32:00+01:00

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The 61-bank Japanese Bank Consortium has partnered with Ripple to release an instant domestic money transferring app this fall.

Consortium Of 61 Japanese Banks To Release Instant Mobile Payment App Powered By Ripple

Molly Jane Zuckerman

2018-03-07T15:35:00+00:00

69153

Western Union has confirmed testing transactions based on Ripple’s Blockchain to provide faster and cheaper domestic and cross-border transfers.

Western Union Confirms Testing Ripple Technology For Money Transfers

2018-02-15T14:55:00+00:00

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International money services provider Western Union has launched a campaign against wire transfer transactions involving digital currency exchanges.

Western Union Blocks Cryptocurrency-Related Transactions

Joshua Althauser

2017-12-05T12:01:00+00:00

29125

Bitcoin’s disruptive nature will force transactions to become free according to top tech investor

Money Transfers Will Be Free Thanks to Bitcoin: Top Tech Investor

2017-10-16T15:10:00+01:00

40797

Bitcoin fees are making commerce with the digital currency impractical for companies; Dash and Litecoin sought as alternatives

Bitcoin Fees Chasing Businesses Away, Dash, Litecoin Benefit

2017-10-04T00:45:00+01:00

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New Technologies From Cryptography to AI Rapidly Transforming Financial Services: IMF

New Technologies From Cryptography to AI Rapidly Transforming Financial Services: IMF

2017-06-30T11:01:00+01:00

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Western Union doesn’t need Bitcoin in its current infantile state. Conversely, if and when Bitcoin reaches adulthood the world would no longer need Western Unio...

Why Doesn’t Western Union or Moneygram Use Bitcoin?

Luis Buenaventura

2017-01-29T13:20:00+00:00

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