Western Union said that the signing of Fidelity National Information Services (FIS) is an important step in Western Union’s North America ‘go-to-market’ strategy to continue its expansion into the banking channel.
Once an FIS client agrees to offer Western Union’s services, the financial institution will be connected to more than 334,000 Western Union agent locations worldwide, enabling banked consumers to send money transfers in the US and around the globe, added Western Union.
Anthony Ficarra, executive vice president of FIS e-business, said: FIS is excited to offer Western Union’s global money transfer service to our banking institution clients, adding strategic value to a bank’s portfolio of services and convenience to consumers. We see Western Union as a strong and strategic fit in providing our clients and their customers with the convenience of a well-established and strong Western Union agent network to easily transfer money to family and friends.
Stewart Stockdale, executive vice president and president of Western Union for the Americas, said: By entering into this agreement with FIS, both of our companies can help meet the prevailing need for banked consumers to have more efficient options to send money around the corner and the world. We look forward to providing the convenience of money transfers to FIS banking institutions and their customers.
