WESTERN UN CO's ticker is WU and the CUSIP is 959802109. A total of 427 filers reported holding WESTERN UN CO in Q3 2023. The put-call ratio across all filers is 0.50 and the average weighting 0.1%.
About WESTERN UN CO
Western Union Co. is a global leader in cross-border, cross-currency money movement and payments. The company has been in operation for over 160 years and has a presence in more than 200 countries and territories. Western Union's services are used by individuals, businesses, and governments to send and receive money across borders.
The company's revenue comes from transaction fees and foreign exchange margins. In 2020, Western Union reported revenue of $4.8 billion, a decrease of 10% from the previous year. The decline was attributed to the COVID-19 pandemic, which resulted in reduced global economic activity and travel restrictions.
Despite the challenges posed by the pandemic, Western Union has continued to innovate and expand its services. In 2020, the company launched a digital platform that allows customers to send money globally through its website or mobile app. The platform also offers bill payment and money transfer services to bank accounts and mobile wallets.
Western Union's leadership team is headed by CEO Hikmet Ersek, who has been with the company since 1999. Under his leadership, Western Union has focused on expanding its digital capabilities and partnerships with fintech companies.
In conclusion, Western Union Co. is a global leader in cross-border money movement and payments. Despite the challenges posed by the COVID-19 pandemic, the company has continued to innovate and expand its services. With a strong leadership team and a global presence, Western Union is well-positioned to capitalize on the growing demand for digital money transfer services.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
External links
This page lists WESTERN UN CO's shareholders in Q3 2023. To view WESTERN UN CO's shareholder history, click here.