Compliance and Competition Pose Tough Challenges for Western Union
Higher costs and new online rivals are squeezing the money-transfer giant. Can Hollywood promotion provide a lift?
Trang Ho
April 25, 2014
A pedestrian passes Western Union Co. and MoneyGram International Inc. money transfer stores in Athens, Greece, on Thursday, June 21, 2012. Greece's stock market was put under review for reclassification to emerging markets by MSCI Inc., a change that would make the European Union nation the first advanced country to be cut to developing status. Photographer: Chris Ratcliffe/Bloomberg
Chris Ratcliffe/Bloomberg
