The Western Union Company, a global leader in cross-border, cross-currency money movement and payments, announced that the Company will present virtually at the Bank of America Global Technology conference on Tuesday, June 2, 2020. The presentation will begin at 3:15 p.m. Pacific time and will include comments from Raj Agrawal, CFO.
Investors and interested parties will be able to listen to the investor presentation via webcast from http://www.westernunion.com, under the investor relations section. The archived webcast will be available approximately one hour after the conclusion of the presentation.
Also, as previously announced, Western Union CEO, Hikmet Ersek, will present virtually today at Bernstein’s 36th Annual Strategic Decisions conference at 4:00 p.m. Eastern time. Mr. Ersek will provide an update on the Company’s growth strategy and current trends.
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- As highlighted with first quarter 2020 results, the decline in transactions for the Company’s Consumer-to-Consumer business associated with the COVID-19 crisis improved to -21% for the month of April, from approximately -30% in late March. The April improvement was led by better trends in the retail business and 77% transaction growth in the digital money transfer business.
- The Company has continued to see improved transaction trends thus far in the month of May in the Consumer-to-Consumer business, and will provide further specifics on May performance in early June.
Investors and interested parties will be able to listen to the investor presentation via webcast from http://www.westernunion.com, under the investor relations section. The archived webcast will be available approximately one hour after the conclusion of the presentation.
