The
Western Union Company (NYSE: WU), a leader in global payment
services, hosts its eighth annual Anti-Money
Laundering, Anti-Fraud and Compliance Conference today, Sept. 17,
through tomorrow, Sept. 18, in Englewood, Colo.
One of the largest events of its kind, the conference brings together
diverse perspectives from industry experts in anti-money laundering,
compliance and fraud who share best practices with some of Western
Union’s largest Agents.
“Together with governments, regulators, law enforcement authorities and
financial service companies, we’re fully engaged in the fight against
money laundering and fraud,” said Barry Koch, chief compliance officer
for Western Union. “It is important that we come together to focus on
these critical issues; we all have a role to play.”
More than 40 experts from several organizations will speak including the Consumer
Financial Protection Bureau, Department
of Homeland Security, Drug
Enforcement Agency, Federal
Bureau of Investigation, Internal
Revenue Service, and law enforcement from across the U.S.
Discussion topics will range from updates on Dodd-Frank to the emerging
risk of digital currency. Attendees will have the opportunity to
experience an interactive exhibition that includes Western Union®
services, products and compliance resources.
Western Union invests millions each year to run compliance programs. The
company continues to increase its headcount of employees who are
dedicated to compliance, fighting fraud and helping to protect and
empower consumers around the globe. This dedication expands to those who
are on the frontlines at approximately 520,000 Agent locations around
the globe.
Western Union also actively educates consumers about fraud and provides
them with tips and information they can use to help protect themselves.
For more information, visit its online Consumer Protection Center: www.westernunion.com/stopfraud.
About Western Union
The Western Union Company (NYSE: WU) is a leader in global payment
services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western
Union Business Solutions branded payment services, Western Union
provides consumers and businesses with fast, reliable and convenient
ways to send and receive money around the world, to send payments and to
purchase money orders. As of June 30, 2013, the Western Union, Vigo and
Orlandi Valuta branded services were offered through a combined network
of approximately 520,000 agent locations in 200 countries and
territories and approximately 115,000 ATMs. In 2012, The Western Union
Company completed 231 million consumer-to-consumer transactions
worldwide, moving $79 billion of principal between consumers, and 432
million business payments. For more information, visit www.westernunion.com.
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Copyright Business Wire 2013