Western Union, Regions Financial renew money transfer, payment services pact

Western Union (WU) and Regions Bank (RF) announced a five-year extension to their original 2011 agreement allowing consumers to use Western Union global money transfer and expedited bill pay services to send or receive money at any of Regions Bank’s more than 1,250 U.S. locations. The renewal means people, regardless of whether they have a Regions Bank account, can continue to send and receive domestic and international money transfers and make same-day payments conveniently and quickly at Regions Bank locations through Western Union. Since 2011, Regions’ customers and non-customers alike have sent and received over $1 billion. "In moving money, we are creating opportunity and growth for individuals, businesses, communities and whole economies by bridging gaps within the financial services sector," said Gabriella Fitzgerald, President, Western Union North America. "Western Union is a company that has a strong social purpose at its core, one that is shared through our work with Regions Bank."