19.70 0.00 (0.00%)
After hours: 4:58PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||19.68 - 19.90|
|52-week range||18.39 - 22.70|
|PE ratio (TTM)||50.64|
|Dividend & yield||0.70 (3.61%)|
|1y target est||N/A|
Zacks Industry Outlook Highlights: Western Union Company, MoneyGram International, Acacia Research, Fang Holdings and Core-Mark Holding Company
Zacks Industry Outlook Highlights: Western Union Company, MoneyGram International, Centene, Visa and MasterCard
Ryan Charles recently switched his business, the social platform Yours Inc., from using bitcoin -- simply because he couldn’t afford it.
Financial technology (fintech) has felt the impact of Brexit, the election of President Donald Trump and a perceived direction towards protectionism, Western Union’s partnerships lead has said.
UK-based online money transfer firm Azimo is turning the process of sending remittances on its head by allowing mobile phone and computer users to send cash to any mobile phone number via text message, leaving it up to the recipient to claim the money. The new feature, which was introduced on Tuesday, eliminates the need for senders to remember the account details or bank IBAN numbers in order to transfer money to recipients, a stumbling block that has complicated existing money transfers. Azimo, a UK-regulated firm, allows phone or computer users in 28 Eurozone countries to transfer money to around 190 countries.
Western Union will pay $586 million to the federal government, which will be used to reimburse consumers who were victims of fraud from 2004 to 2012.
WorldRemit, an online service for overseas money transfers, is looking to expand into new markets and add services like direct payments for bills and school fees, its president said on Friday. The UK-based financial technology start-up, which has raised $192.7 million since its founding in 2010, also wants to grow in Canada and is open to taking the company public, Andrew Lee said in an interview. WorldRemit, which caters to migrants and people with no bank accounts, allows money transfers to over 100 countries.