Compliance and Legal

Legal Compliance

Western Union Business Solutions is subject to a wide range of laws and regulations. These include financial services regulations, consumer disclosure and consumer protection laws, currency control regulations, money transfer and payment instrument licensing regulations, escheat laws and laws covering consumer privacy, data protection and information security. Our services are also subject to an increasingly strict set of legal and regulatory requirements intended to help detect and prevent money laundering, terrorist financing and other illicit activity.

Staying Current with Industry Standards

At Western Union Business Solutions, compliance with domestic and international laws and regulations is imperative. We continue to implement policies and programs and adapt our business practices and strategies to help us comply with evolving legal standards and industry practices. These programs include dedicated compliance personnel stationed around the globe, training and monitoring programs, suspicious activity reporting, regulatory outreach and education, and support and guidance to our business network on regulatory compliance.

Western Union Business Solutions employs industry standard encryption levels to securely transmit sensitive data to external clients. Client data is protected by industry standard Firewalls, IDS/IPS systems, and Anti-Virus software. All company servers that contain client data are physically secured and constantly monitored to prevent unauthorised access. All physical access to the data centres is subject to 24/7 video monitoring and physical proximity alarms, and requires full two-factor authentication.