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Wired for Growth: Western Union Continues to Innovate


Money transferring specialist Western Union (NYSE: WU) has a long history of reinvention. From its origins in telegraph services, the company quickly expanded into cross-country cash transfers and has kept up with the technological evolution of that service ever since.

Image source: Getty Images

At the end of September, Western Union held an Investor Day, where the company shared its news and updates with analysts and shareholders. What caught my attention -- besides its strong commitment to paying investors through dividends as usual -- was its plan to keep innovating, which includes bolstering cross-border offerings, making investments in newer technology, and committing to long-term growth.

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Source Fool.com

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