Wednesday, April 7, 2010 as of 11:14 AM ET
The Western Union Company () is a financial services and communications company based in the United States.
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P. Morgan Chase & Co. (JPM) is test marketing a reloadable prepaid card in about 200 branches, moving to the forefront of a growing field of banks that are adding the alternative financial products to their menus to attract new customers and keep existing ones in the face of new regulations.Chase, the largest U.S. lender by assets, is the latest to begin offering the cards, which until recently have been mainly pitched to low-income consumers by alternative financial-services firms in pharmacies, supermarkets, check cashers and online.Mainstream lenders like Chase have been expected to get into the prepaid market as new regulations cut into banks' traditional fee income from credit- and debit-card customers. At the same time, regulators are eyeing the products for fee disclosures, which some consumer advocates have complained are rife with high and hidden costs for customers.On that front, Chase appears to be ahead of many of its competitors. Its new Chase Liquid card carries a month...Western Union Co. (WU), which sells money transfers and other payment services, said its profit surged 86% in the fourth quarter as transaction volume grew and the c...
Western Union Co. (WU) said Tuesday it is increasing its quarterly dividend 25% as it faces antsy investors who are looking for the money-transfer company to acceler...
The U.S. Consumer Financial Protection Bureau Friday adopted a rule that will require protections for consumers that transfer money internationally, its first substa...
The euro hit an 11-month low against the U.S. dollar on Wednesday as a slide on regional debt worries triggered stops, with thin trading exacerbating volatility ahea...
Prepaid credit cards are growing in popularity among consumers fed up with bank fees.In 2011, consumers loaded about $460 billion onto prepaid cards, according to re...
Bad things can happen to good travelers. And while these worst-case scenarios are just that—things that could throw you for a serious loop, but most likely won't—tha...
FBN’s Adam Shapiro on Mastercard and Western Union teaming up to make it easier for customers to use reloadable prepaid cards.
Two out of three debit card users say they will ditch their cards if their banks start charging monthly use fees, according to a new poll commissioned by CreditCards...
Sandy Lincoln, chief marketing strategist for BMO Asset Management U.S., gives his take on where the markets are headed next and when there is the most buying opportunity.
Credit card companies have a new watchdog, with a robust online presence and a consumer hotline. The Consumer Financial Protection Bureau launched in July, settling ...
Credit card companies have a new watchdog, with a robust online presence and a consumer hotline. The Consumer Financial Protection Bureau launched in July, settling ...
FOX Business: The Power to ProsperWall Street took a breather after the best winning streak in two years as traders weighed fresh euro zone debt concerns and relativ...
Weekend With Warren: Gamco chairman and CEO Mario Gabelli and Jim Kieffer, co-portfolio manager of the Artisan U.S. Value Fund, weigh in on the economy, and what they hope to hear at this weekend’s shareholder meeting.
DOW JONES NEWSWIRESWestern Union Co.'s (WU) first-quarter profit rose 18% as the payment-transfer company reported revenue growth across its segments.Western Union h...
Michael Kahn presents today's Chart of the Day! Get Quick Takes Pro's Chart of the Day via email. Register now ! Regards, Michael Kahn TradeKing All-Star Commentator...
The services sector expanded at its fastest pace in a year in February, but new orders for factory goods dropped in January, data showed on Monday.The Institute for ...
Even though the U.S. imports more goods from China -- nearly $400 billion each year -- than anywhere, there still appear to be some costly cultural misunderstandings...
According to federal court records, Chapter 7 bankruptcy filings outnumbered Chapter 13 filings more than two to one during 2011. Home foreclosures and insurmountabl...
DOW JONES NEWSWIRESWestern Union Co. (WU) unveiled a proposal to declassify its board structure and said it won't submit a management proposal for proxy access at it...
