Allianz and Western Union are set to work closely over the next year to develop services for customer needs within each of the companies networks. Allianz is set to take the role of product provider and Western Union that of a distributor. They are also set to test co-marketing opportunities and payments for Allianz customers through Western Union.
In recent news, Western Union has rolled out its new business payments wallet for clients of Western Union Business Solutions in the US and Canada. The newly launched wallet allows clients using Business Solutions Online FX platform to add and hold funds on balance for future use and enables them to make email payments to international recipients.
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