Western Union and The Chronicle of Philanthropy Offer Free Webinar for Non-Profits on Managing Global Money Movement
10 11월 2011 - 6:01AM
Business Wire
The Western Union Company (NYSE:WU), a leader in global payment
services, today announced that Western Union Business Solutions
will sponsor a webinar hosted by The Chronicle of Philanthropy
focused on effective foreign exchange management strategies for
international non-profit organizations. The webinar to be held
November 22, 2011 at 2pm ET is titled, “Doing More
With Less: Getting the Most Out of Your Limited Funds.”
To register for the free webinar, go to
http://philanthropy.com/webinars/westernunion_1.
The webinar will address the strategies that philanthropic
organizations can use to effectively manage international payments,
thus enabling them to move more money to those who need it, when
and where they need it most.
The current global economic slowdown has directly affected
parties on all sides of philanthropic relationships, driving a
sharp drop in donations while plunging people around the world
further into poverty.
With fewer dollars to work with, and greater demands placed on
those dollars, non-profit and non-governmental organizations (NGOs)
that operate across international borders must manage their
finances more efficiently, precisely, and transparently than ever.
More must be done with less. Leading the webinar are:
- Karl Schamotta, Senior Market
Strategist with Western Union Business Solutions
- Brendan Marsden, Charity Vertical
Specialist with Western Union Business Solutions
- Lorraine Grant, Finance Manager with
the Music For Life Institute
- Mark Walston, consultant for The
Chronicle of Philanthropy, will moderate the panel
“At Western Union, we harness opportunities to drive shared
value, simultaneously producing business and social value through
services such as currency risk management and simplified global
payments,” said Raj Agrawal, President, Western Union Business
Solutions. “Our team understands the FX markets, and can deliver
substantial and sustainable value to NGOs operating across
borders.”
Additional focus will be given to:
- How to simplify the processes used to
move money across the global financial system - cutting costs and
increasing efficiency
- Using technology to track, monitor and
control the remittance and receipt of funds - to build
accountability and improve payment reliability
- Tools that can be used to protect
future-dated payments against currency volatility so that exchange
rate losses are reduced, and cash flows become more
predictable
Western Union Business Solutions enables organizations of all
sizes to manage their international transactions, reduce risk, and
act on market opportunities through various services including
corporate FX solutions that include foreign currency payments,
currency risk management consultation and industry solutions.
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. The
Western Union, Vigo and Orlandi Valuta branded services are offered
through a combined network of approximately 485,000 agent locations
in 200 countries and territories. In 2010, The Western Union
Company completed 214 million consumer-to-consumer transactions
worldwide, moving $76 billion of principal between consumers, and
405 million business payments. For more information, visit
www.westernunion.com.
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