CRYPTO NEWS: WESTERN UNION SUBMITS AN APPLICATION FOR US TRADEMARKS RELATING TO CRYPTOCURRENCIES.

WESTERN UNION SUBMITS AN APPLICATION FOR US TRADEMARKS RELATING TO CRYPTOCURRENCIES. ACCORDING TO U.TODAY ON TUESDAY, THE COMPANY HAS SUBMITTED A NUMBER OF TRADEMARK APPLICATIONS RELATING TO CRYPTOCURRENCIES (OCT. 25).

WESTERN UNION SUBMITS AN APPLICATION FOR US TRADEMARKS RELATING TO CRYPTOCURRENCIES:

WESTERN UNION SUBMITS AN APPLICATION FOR US TRADEMARKS
WESTERN UNION SUBMITS AN APPLICATION FOR US TRADEMARKS RELATING TO CRYPTOCURRENCIES

ACCORDING TO THE ARTICLE, WESTERN UNION HAS EXPRESSED INTEREST IN VIRTUAL CURRENCY EXCHANGES, DIGITAL CURRENCY WALLETS, CRYPTOCURRENCY TOKENS, AND FINANCIAL BROKERAGE SERVICES RELATING TO CRYPTOCURRENCIES IN ITS APPLICATIONS TO THE UNITED STATES PATENT AND TRADEMARK OFFICE (USPTO).

WESTERN UNION HAS BEEN CONTACTED BY PYMNTS FOR COMMENT.

WESTERN UNION HAS RELEASED A FINANCIAL FORECAST AND PLAN THROUGH 2025, WHICH PLACES REVENUE PATTERNS ON AN UPWARD TRACK BEGINNING IN 2023. THE REPORT COMES SHORTLY AFTER THAT.

ACCORDING TO A STATEMENT MADE BY THE CORPORATION ON THURSDAY, ITS EVOLVE 2025 PLAN TIES ITS PURPOSE TOGETHER BY PROVIDING HIGH-VALUE, EASILY ACCESSIBLE FINANCIAL SERVICES TO DEVELOPING POPULATIONS AROUND THE WORLD (OCT. 20).

DEVIN MCGRANAHAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER OF WESTERN UNION, STATED IN THE ANNOUNCEMENT THAT “OUR NEW STRATEGY IS MEANT TO ENHANCE THE PRODUCTS AND SERVICES WE GIVE TO OUR CUSTOMERS.” BY OFFERING CRUCIAL FINANCIAL SERVICES OUTSIDE OF MONEY TRANSFERS, IT WILL “EXPLOIT THE STRONG FOUNDATION WE HAVE DEVELOPED TO CREATE A MORE MEANINGFUL RELATIONSHIP WITH OUR CONSUMERS.”

ACCORDING TO PYMNTS STUDY, 23% OF THE QUESTIONED CONSUMERS, OR 8 MILLION ADULTS, WHO MADE ONLINE PAYMENTS TO FRIENDS OR FAMILY MEMBERS ABROAD USED AT LEAST ONE TYPE OF CRYPTOCURRENCY.

BASED ON A PYMNTS AND STELLAR DEVELOPMENT FOUNDATION STUDY TITLED “THE DIGITAL CURRENCY SHIFT: THE CROSS-BORDER REMITTANCES REPORT,” 13% OF SURVEY RESPONDENTS CLAIMED CRYPTOCURRENCIES WERE THEIR PREFERRED PAYMENT METHOD FOR ONLINE CROSS-BORDER REMITTANCES.

ACCORDING TO THE STUDY, CONSUMERS’ ACCEPTANCE OF CRYPTOCURRENCIES HAS BEEN SPARKED BY THEIR NEED FOR A SECURE AND QUICK PAYMENT ALTERNATIVE.

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CRYPTO NEWS: WESTERN UNION SUBMITS AN APPLICATION FOR US TRADEMARKS RELATING TO CRYPTOCURRENCIES.

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