The Western Union Co (NYSE:WU)

$ 12.85 0.06 (0.47%) Market Cap: 4.35 Bil Enterprise Value: 3.97 Bil PE Ratio: 7.60 PB Ratio: 10.96 GF Score: 76/100

Western Union Co at Evercore Payments and Fintech Innovators Forum (Virtual) Transcript

Mar 04, 2021 / 07:45PM GMT

Release Date Price: $23.47 (-1.72%)

Transcript

Rayna Kumar

Evercore ISI Institutional Equities, Research Division - MD

Good afternoon, everyone. I'm Rayna Kumar. I'm part of the payment processes and IT services team at Evercore ISI. And today, I'm joined by Hikmet Ersek, Chief Executive Officer, Western Union; and Raj Agrawal, CFO of Western Union. So thanks to both of you for joining us today. We really appreciate your time.

Hikmet Ersek

The Western Union Company - President, CEO & Director

Thank you for having us here, Rayna.

Rajesh K. Agrawal

The Western Union Company - CFO

Thanks, Rayna. Nice to be here.

Questions & Answers

Rayna Kumar

Evercore ISI Institutional Equities, Research Division - MD

Great. So starting out at a high level, the market for cross-border, money transfer and payment performed better than most people expected in 2020. Can you give us an overview of what you think drove that type of market performance? And especially the share gains that you've got in digital business and

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