The Western Union Company And PSI Pay Are Now Working Together – Check Its New Partnership Out

Most people associate currency with cold, hard cash; this type of money is called fiat currency, a type of money that is authorized, distributed, and created issued by governments but isn’t backed up by commodities like gold, silver, and corn.

 

However, as the use of electronics becomes more widespread and relied upon for regular business and personal tasks, electronic money – also known as e-money – becomes increasingly popular. E-money is simply currency – standardized units that society has come to agree upon the assumption that it can be exchanged for anything and represent a store of value – that is loaded on digital accounts and wallets.

 

For example, Western Union’s new partnership with PSI Pay that provides ecoAccount holders who are based in the United Kingdom the ability to transfer money throughout the United Kingdom and the world at large inherently values e-money. Consumers who hold ecoAccount digital wallets can now transfer currency to people in more than 150 countries and territories across the globe through their mobile phones, via traditional retail locations that are connected to Western Union’s Agent network, and elsewhere. Individuals and businesses – both of them – take advantage of the new partnership that was inked on July 24, 2018.

 

About PSI Pay

 

PSI-Pay was founded in 2007 as an alternative to traditional financial institutions in the United Kingdom. The company offers a full line of payment processing services, one of the most popular of which is its digital wallet system; ecoAccount online wallets are a part of the ecoPayz line of places to store money electronically.

 

The company issues prepaid and traditional debit cards in nearly 175 countries, collectively supporting transactions in a total of 44 of the world’s most popular currencies.

About Western Union

 

Western Union, legally known as The Western Union Company, was founded in 1851 by Ezra Cornell, a co-founder of the legendary Cornell University. Headquartered in Meridian, Colorado, Western Union commanded revenue of $5.5 billion for the most recent fiscal year under the leadership of president and chief executive officer Hikmet Ersek and chairman Jack M. Greenberg.

 

The Western Union Company is the world’s largest provider of money transfers and operates in more than 150 countries. It originally was founded as the New York and Mississippi Valley Printing Telegraph Company and pioneered countless technologies and trades, including leading the world of telegraph transfers and creating the world’s first stock ticker.

 

 

 

https://companycheck.co.uk/company/05899168/PSI—PAY-LTD/contact

Michael Burwell Succeeds As A Financial Advisor

Every profession requires tough leaders to challenge the status quo while setting the bar for the rest to adapt better versions of their professions. To help put this into the right perspective, you can look at Michael Burwell’s profession, in the world of corporate finance. Over the last decade, finance has experienced tremendous improvements, especially in technology, leading to advances in significant financial processes. As a finance leader, Burwell has headed the pack through starting projects that lead companies to exponential growths.

 

Background Data

With that said, the roles of a CFO are vastly changing as one cannot depend on the ability to crunch numbers only. To succeed from this moment on, CFOs need to shift their concentration to analytics, disruptive management, and human resources management. For Michael Burwell, these variables have been the foundation of his career. For the past 30 years, he has been practicing finance in different companies. Throughout his practice, he garnered vast experience thereby propelling him to additional responsibilities in the likes of Willis Towers Watson. Today, he is the CFO of the company, and his roles include;

 

Risk Management

Willis Towers Watson is a highly diversified firm that offers financial services to private and public companies. Therefore, the company is always dealing with risky businesses and the levels of these risks are highly increasing. Michael Burwell’s appointment to serve as the CFO came in handy as he is now able to implement highly skilled risk management policies for businesses.

 

Managing People

As you may know, every organization relies on its employees to leverage services. Michael Burwell uses his technical skills to manage people because as a leader, there is the need to move up with time. This requires an individual to tag along with experienced leaders.

 

The Overview of Michael Burwell’s Career

Before he joined Willis Towers Watson, Michael Burwell attended the Michigan State University and graduated with an undergraduate degree in Business Administration. After graduating, he joined the Pricewaterhouse Coopers LLC and served as a CFO. Being visionary, he invested in building the firm’s diversified portfolio. Consequently, he earned a promotion to serve as the Midwest leader of the transactional business. From the look at his career, Michael Burwell is an appropriate example of a successful CFO. Visit This Page for additional information.

 

See Also: https://danielbudzinski.com/podcast/the-art-of-success-podcast/michael-burwell/#.WzuiVlMvx0I