Banking Business Fintech News

Western Union and Producers Bank Renew Relationship

Western Union Provides Payment Services to 90,000 Members of Bank-Fund Staff Federal Credit Union

Long Term Money-Transfer Collaboration Connects the Philippines to the World(Western Union)

Western Union, a leader in cross-border, cross-currency money movement and payments, has renewed its relationship with Producers Savings Bank Corporation (also known as Producers Bank).

Read More: Vitesse, a Fintech Providing Real-Time Cross-Border Payments for Businesses, Scores £6.6m Series A

“Moving money to urban, remote and rural settings with convenience is a top priority for Western Union. We look forward to our continued collaboration, so we can meet our customers physically wherever they are, no matter how remote.”

With the renewed agreement, customers in the Philippines will continue to have access to convenient money transfer services, enabling them to send and receive money to and from their loved ones around the world. Western Union service is currently available at more than 250 Producers Bank retail locations.

“We are excited to continue to foster a strong relationship with Producers Bank, enabling us to connect communities in the country to their loved ones across the globe,” said Jeffrey Navarro, Head of Network, Philippines, Malaysia, Brunei & Indochina, Western. “Moving money to urban, remote and rural settings with convenience is a top priority for Western Union. We look forward to our continued collaboration, so we can meet our customers physically wherever they are, no matter how remote.”

Read More: DataRooms.com Embeds the dtSearch Engine to Enable Instant Searching across Terabytes of Virtual Data Room Content

“We are very pleased to renew our successful relationship with Western Union,” said Andres Cornejo, President & CEO, Producers Bank. “Western Union is truly a global company with an extensive network worldwide, and together we have a clear, shared vision of what we collectively hope to accomplish – and that is connecting families and improving lives in the Philippines. Also, via our network in the Philippines, we are excited to continue to reach out to farmers and SMEs even in the most remote locations and provide them with access to convenient money transfer services.”

Read More: Four Benefits of Buy Now Pay Later for Ecommerce Retailers

Related posts

HiddenLevers Unveils Stress Testing for Financial Plans, to Help Address Retirement Concerns on Coronavirus Shock + Recession

Fintech News Desk

Boosting AI Trustworthiness in Financial Services

Jans Aasman

Enable Appoints SaaS Industry Vet Jerry Brooner as Global Revenue Leader

Fintech News Desk
1