Western Union: Secular Issue And Competition Point To A Continued Decline

TL;DR

Reports differ across sources; according to seekingalpha.com, echoes Of The Past: Disruption of Western Union Founded in 1851, The Western Union Company(WU) enjoyed decades of prosperity from its monopoly status in telegraph until the rise of the telephone, led by the - Similar to the telegraph, Western Union's(WU) remittance business faces disruption from lower-cost digital fintechs, which have led to its deteriorating performance and evidence suggests a continuation of this trend.