PUNE (MUMBAI):
Western
Union, a leader in global cross-border, cross-currency money movement, today
launched the Western Union Technology Engineering Centre (WUTEC) in India,
reinforcing the company's commitment to global innovation and investment in
engineering resources.
WUTEC India will focus on building end-to-end products,
solutions, and capabilities to deliver innovative digital and retail customer
experiences globally. The new world-class, 125,000 square feet facility in
Pune, Maharashtra will serve as the company's innovation and engineering hub in
the region, employing more than 1,000 skilled individuals.
Hikmet Ersek, President and CEO of Western Union, said,
"Innovation is hard wired in our DNA. As the company that invented the
concept of digitizing money, Western Union is uniquely positioned at the intersection
of money and technology. WUTEC India will join our other key technology centers
across the world to expand the reach of our omnichannel platform, integrating
our digital efforts with our iconic physical agent network to serve a vast
global customer base."
Western Union's investment in India is part of a broader
fintech and innovation strategy that is driving the company's digital
transformation. Western Union is one of the largest digital money firms,
uniquely positioned to connect the cash and digital worlds across platforms,
devices, borders, and currencies. Westernunion.com and Western Union app
digital services are offered in North America, Europe and increasingly across
the Middle East and Asia-Pacific. Western Union's digital services pay out in
cash, account, or mobile wallet, where available, in more than 200 countries
and territories.
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