Western Union launches new Technology Engineering Centre in India

US financial services and communications company Western Union has announced the opening of its new Technology Engineering Centre (WUTEC) in India as part of its wider regional fintech and innovation-centric digital transformation strategy.

The Pune, Maharashtra facility, expanding 125,000 feet with 1,000 employees, will serve as the company’s regional centre for engineering and innovation, with a focus on developing and deploying products, solutions and capabilities to further the digital and retail experience for its global customer base.

See also:

• Facebook to create three new European digital skills hubs

• China to create $2.1bn AI research centre in Beijing

• CSIRO opens Synergy Building research centre near Australian capital Canberra

“Innovation is hard wired in our DNA. As the company that invented the concept of digitizing money, Western Union is uniquely positioned at the intersection of money and technology,” said Hikmet Ersek, President and CEO, Western Union.

“WUTEC India will join our other key technology centres across the world to expand the reach of our omni-channel platform, integrating our digital efforts with our iconic physical agent network to serve a vast global customer base.”

WUTEC will add to Western Union’s existing global technology centres, located in Denver, San Francisco and Montvale, each investing significantly into a range of advanced technologies including machine learning, robotics and biometrics.