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Facing P2P Competition, Western Union to Launch Business Service

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Western Union is diversifying. Its main business, cross-border peer-to-peer payments, faces significant threat of disruption, and rightly so — these payments can be expensive, slow, and far from transparent. Western Union is among the world leaders in the market, moving $75 billion in 2015, some 15% of total consumer remittances. ButRead More

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