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.

Think Crypto’s Challenges Are Unique? It’s Just History Repeating Itself

OCT 09, 2018 | by Connor Blenkinsop

Cryptocurrencies have challenges in becoming a major force in the world’s economy, but looking at history, almost every advancement has had similar issues.

4584 |

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

JUN 14, 2018 | by Ana Alexandre

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 ...

20970 | 8

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

MAR 07, 2018 | by Molly Jane Zuckerman

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

66727 | 41

Western Union Confirms Testing Ripple Technology For Money Transfers

FEB 15, 2018 | by Helen Partz

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

62849 | 6

Western Union Blocks Cryptocurrency-Related Transactions

DEC 05, 2017 | by Joshua Althauser

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

27754 | 16

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

OCT 16, 2017 | by Darryn Pollock

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

40136 | 11

Bitcoin Fees Chasing Businesses Away, Dash, Litecoin Benefit

OCT 04, 2017 | by Darryn Pollock

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

27737 | 43

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

JUN 30, 2017 | by Jacob J

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

8681 | 1

Why Doesn’t Western Union or Moneygram Use Bitcoin?

JAN 29, 2017 | by Luis Buenaventura

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...

1083 | 3

Western Union Shares Drop, Bitcoin Interest Surges in Mexico

JAN 28, 2017 | by Joël Valenzuela

Western Union shares have plunged following the Mexican president’s cancellation of a meeting with Donald Trump, underscoring the need for less nationally vulne...

791 | 9

Western Union Fined $586 Mln for Money Laundering, Fraudulent Transfers

JAN 20, 2017 | by Frisco d'Anconia

Remittance giant Western Union has been fined $568 mln after admitting to money laundering and supporting fraudulent wire transfers. Blockchain-based technologi...

1169 | 3

Western Union Invests in Digital Currency Group

APR 29, 2016 | by Jacob J

Western Union, whose business model of money transfer could be under threat from bitcoin, is one of the new investors in Digital Currency Group (DCG).

1374 |

Greece Down to Its Last €500 Million with No Ability to Print Drachmas

JUL 03, 2015 | by George Samman

As Greece approaches the referendum on Sunday July 5, there is complete uncertainty as to whether “yes” or “no’ will be voted for and what the ramifications of ...

337 |

Western Union ‘Capitulates’ to Crypto with Ripple Labs Partnership

APR 29, 2015 | by William Suberg

In an unexpected partnership for a cryptocurrency business, Ripple has announced a partnership with fiat-based money transfer operator Western Union.

1308 |

BitHalo Releases Decentralized Escrow Client v2.1 to Rival PayPal, Western Union

JAN 12, 2015 | by Diana Ngo

BitHalo announces the release of version 2.1 of its decentralized escrow client, adding a new feature that aims to compete directly with companies such as Paypa...

344 |

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

MAR 07, 2018 | by Molly Jane Zuckerman

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

66727 | 41

Western Union Confirms Testing Ripple Technology For Money Transfers

FEB 15, 2018 | by Helen Partz

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

62849 | 6

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

OCT 16, 2017 | by Darryn Pollock

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

40136 | 11

Western Union Blocks Cryptocurrency-Related Transactions

DEC 05, 2017 | by Joshua Althauser

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

27754 | 16

Bitcoin Fees Chasing Businesses Away, Dash, Litecoin Benefit

OCT 04, 2017 | by Darryn Pollock

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

27737 | 43

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

JUN 14, 2018 | by Ana Alexandre

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 ...

20970 | 8

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

JUN 30, 2017 | by Jacob J

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

8681 | 1

Think Crypto’s Challenges Are Unique? It’s Just History Repeating Itself

OCT 09, 2018 | by Connor Blenkinsop

Cryptocurrencies have challenges in becoming a major force in the world’s economy, but looking at history, almost every advancement has had similar issues.

4584 |

Western Union is not yet ready for bitcoin international transfer

NOV 01, 2013 | by Cointelegraph

During the Western Union Consumer Protection & Compliance Conference 2013 on 16th-18th of September, its executives gave a presentation that said it wasn’t yet ...

2296 |

Western Union Invests in Digital Currency Group

APR 29, 2016 | by Jacob J

Western Union, whose business model of money transfer could be under threat from bitcoin, is one of the new investors in Digital Currency Group (DCG).

1374 |

Western Union ‘Capitulates’ to Crypto with Ripple Labs Partnership

APR 29, 2015 | by William Suberg

In an unexpected partnership for a cryptocurrency business, Ripple has announced a partnership with fiat-based money transfer operator Western Union.

1308 |

Western Union Fined $586 Mln for Money Laundering, Fraudulent Transfers

JAN 20, 2017 | by Frisco d'Anconia

Remittance giant Western Union has been fined $568 mln after admitting to money laundering and supporting fraudulent wire transfers. Blockchain-based technologi...

1169 | 3

Why Doesn’t Western Union or Moneygram Use Bitcoin?

JAN 29, 2017 | by Luis Buenaventura

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...

1083 | 3

Western Union Shares Drop, Bitcoin Interest Surges in Mexico

JAN 28, 2017 | by Joël Valenzuela

Western Union shares have plunged following the Mexican president’s cancellation of a meeting with Donald Trump, underscoring the need for less nationally vulne...

791 | 9

Western Union Sitting Duck in Bitcoin Viral Ads Blunder

NOV 25, 2014 | by William Suberg

Western Union has become the latest target of one of the Internet’s more sophisticated dethroning campaigns – and, it seems, has already lost the battle to cont...

447 |

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

MAR 07, 2018 | by Molly Jane Zuckerman

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

66727 | 41

Bitcoin Fees Chasing Businesses Away, Dash, Litecoin Benefit

OCT 04, 2017 | by Darryn Pollock

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

27737 | 43

Western Union Blocks Cryptocurrency-Related Transactions

DEC 05, 2017 | by Joshua Althauser

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

27754 | 16

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

OCT 16, 2017 | by Darryn Pollock

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

40136 | 11

Western Union Shares Drop, Bitcoin Interest Surges in Mexico

JAN 28, 2017 | by Joël Valenzuela

Western Union shares have plunged following the Mexican president’s cancellation of a meeting with Donald Trump, underscoring the need for less nationally vulne...

791 | 9

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

JUN 14, 2018 | by Ana Alexandre

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 ...

20970 | 8

Western Union Confirms Testing Ripple Technology For Money Transfers

FEB 15, 2018 | by Helen Partz

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

62849 | 6

Why Doesn’t Western Union or Moneygram Use Bitcoin?

JAN 29, 2017 | by Luis Buenaventura

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...

1083 | 3

Western Union Fined $586 Mln for Money Laundering, Fraudulent Transfers

JAN 20, 2017 | by Frisco d'Anconia

Remittance giant Western Union has been fined $568 mln after admitting to money laundering and supporting fraudulent wire transfers. Blockchain-based technologi...

1169 | 3

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

JUN 30, 2017 | by Jacob J

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

8681 | 1