Univision Communications Unveils Digital Money Transfer Service, Univision Remesas

Available on iOS, Android, Web, and Mobile Web, the bilingual digital service was developed with UCI's key demographic in mind: the more than 57 million Hispanics in the U.S. who over-index in digital consumption. Hispanics spend 36% more time on smartphones per week than the general market and engage with apps 18% more than the general population.

"As Hispanics continue to be the fastest growing demographic in the U.S., it is critical for us at UCI to continue to create products and services that reflect their needs and lifestyle. Launching Univision Remesas provides Hispanic America with a transparent and nimble service at their fingertips from two reliable partners –Univision, the brand they've come to trust for close to 60 years, and Bancomer Transfer Services, an established and trusted leader in the financial industry," said Richard Pacheco, senior vice president, Enterprise Development, UCI.

"The collaboration with Univision delivers a secure digital solution through the Univision Remesas brand, and continues to strengthen and financially empower the Hispanic community," said Aurora Garza Hagan, CEO, Bancomer Transfer Services.

Univision Remesas employs a simple, transparent business model that provides consumers with a fast and secure way to send money to family and friends within minutes and offers multiple funding options, including a prepaid card, bank account, debit card or credit card. Recipients have easy access to their money via cash pickup and bank deposit options available across a large network of bank and retail locations, at over 25,000 locations in Latin America. Transfer fees start at $4.99 USD. For more information, visit UnivisionRemesas.com.

Through its Univision Enterprise division, UCI has developed these products and services to further financially empower Hispanic America with products that aid with managing finances; purchases that enable credit building; and services that provide financial savings in the health and mobile space tailored to their needs and lifestyle. Univision Remesas is the latest initiative launched by Univision Enterprises working hand-in-hand with best-in-class partners.

About Univision Communications Inc.
Univision Communications Inc. (UCI) is the leading media company serving Hispanic America. The Company, a leading content creator in the U.S., includes Univision Network, one of the top five networks in the U.S. regardless of language and the most-watched Spanish-language broadcast television network in the country available in approximately 93% of U.S. Hispanic television households; UniMás, a leading Spanish-language broadcast television network available in approximately 87% of U.S. Hispanic television households; Univision Cable Networks, including Galavisión, the most-watched U.S. Spanish-language cable network, as well as UDN (Univision Deportes Network), the most-watched U.S. Spanish-language sports network, Univision tlnovelas, a 24-hour cable network dedicated to telenovelas, ForoTV, a 24-hour Spanish-language cable network dedicated to international news, and an additional suite of cable offerings - De Película, De Película Clásico, Bandamax, Ritmoson and Telehit; Univision Television Group, which owns 59 television stations in major U.S. Hispanic markets and Puerto Rico; digital properties consisting of online and mobile websites and apps, including Univision.com, the most visited Spanish-language website among U.S. Hispanics, UVideos, a bilingual digital video network and Uforia, a music application featuring multimedia music content; and Univision Radio, the leading Spanish-language radio group in the U.S. which owns and operates 67 radio stations including stations in 16 of the top 25 U.S. Hispanic markets and Puerto Rico. UCI's assets also include a minority stake in El Rey Network, a 24-hour English-language general entertainment cable network and a joint venture with Disney/ABC Television Network for FUSION, a 24-hour English-language news and lifestyle TV and digital network. Headquartered in New York City, UCI has television network operations in Miami and television and radio stations and sales offices in major cities throughout the United States. For more information, please visit Univision.net.

About BBVA and Bancomer Transfer Services, Inc.
Based in Madrid, Spain, BBVA (NYSE: BBVA) (MAD: BBVA), is a customer-centric global financial services group that was founded in 1857 and operates in more than 30 countries. The Group has a solid leadership position in Spain, is the largest financial institution in Mexico, and has leading franchises in Latin America and the Sunbelt Region of the United States. The strength of the BBVA global brand, coupled with technology and regulatory compliance capabilities, makes Bancomer Transfer Services, Inc. an attractive proposition for financial institutions and customers around the world that require money transfer services. Based in Houston, Bancomer Transfer Services Inc. (BTS) is a subsidiary of BBVA. BTS has provided money transfer services to Mexico since 1995 and expanded its payment network to Latin America in 2002. Today, BTS offers consumer money transfer services from over 40 countries to over 25,000 payment locations in Latin America.

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SOURCE BBVA Compass