Diane Scott is president of Western Union Ventures. David Yates, the company's executive vice-president of business development and innovation, is departing.
Western Union, a New York-listed money transfer services provider, has formed a ventures unit for business innovation.
Diane Scott (pictured) is president of Western Union Ventures having previously been head of marketing for the group. David Yates, the company’s executive vice-president of business development and innovation, is leaving in September
However, the ventures unit is to use existing assets from Westernunion.com, prepaid/stored value cards and mobile money transfer rather than immediately looking externally.
In 2006, Western Union spun out…
