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Stock impact report

Cash Losing Its Crown in the World's Biggest Money Corridor [Yahoo! Finance]

Western Union Company (The) (WU) 
Last western union company (the) earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
After Maura Fonseca moved to Houston from Mexico in 2011, she often waited hours in line at Western Union to send money to her three children and her mother. The fees were so steep she sometimes had to borrow money to pay them. Most Read from Bloomberg Trump Signs Order to Launch Vance-Led Anti-Fraud Task Force Finland's Stubb Cautions NATO Allies to Heed Trump's Hormuz Call Slashing Tax Bills for Rich Investors Is a $1 Trillion Business Two LPG Ships Sail Through Hormuz to Shortage-Hit India Hormuz Escape Route Suggests Ships Navigate on Iran's Terms These days, Fonseca sends money home using Felix Pago, a WhatsApp-based digital app. “It's so much better because it's cheaper, instantaneous and I don't have to leave my house,” said the 60-year-old who operates rental properties in Houston and opened a bank account four years ago. “Now I can send money from my bed.” Photographer: Danielle Villasana/Bloomberg Fonseca is part of a broader transformation in how migran Show less Read more
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