PubMatic Expands its Collaboration with Western Union to Unlock New Commerce Media Opportunities
03 Dicembre 2024 - 4:00PM
PubMatic, an independent technology company delivering digital
advertising’s supply chain of the future, today announced an
expansion of their work with Western Union to include its commerce
media business.
This collaboration expanded partnership will leverage PubMatic’s
leading Sell-Side Platform (SSP) capabilities to enhance onsite
monetization while using Western Union’s rich first-party data for
offsite audience extension via Convert. This will enable
advertisers to target Western Union’s globally diverse audiences
with highly relevant messages across brand-safe, premium digital
channels.
PubMatic’s integrated platform allows Western Union to scale
their advertising initiatives more effectively. In addition to the
commerce media audience extension capabilities within Convert,
Western Union leverages PubMatic’s SSP and OpenWrap header bidding
solution for on-site monetization. By managing their diversified
monetization strategy via a single, unified tech stack, Western
Union can streamline operations, enhance efficiency, and reduce
fragmentation.
“Our work with Western Union Media Network expands our
collaboration with financial service companies as we build a global
commerce media ecosystem enabling advertisers to reach their
valuable audiences,” said Tim Rogers, VP of Commerce Media at
PubMatic. “By merging our top-tier media inventory and SSP
technology with Western Union’s unique audience insights, we will
create highly customized and influential advertising opportunities
reaching a diverse set of multicultural consumers.”
Western Union Media Network gives businesses a unique channel to
deploy bespoke messaging to multicultural consumers across a
portfolio of digital channels, driving meaningful connection and
brand affinity. When paired with PubMatic’s robust multi-channel
inventory, partnering brands and advertisers can extend their
campaigns to reach hard-to-find audiences across channels and
devices.
“We are excited to expand our work with PubMatic to support the
delivery of an exceptional experience for our customers,” said,
Chris Hammer, Senior Vice President, Western Union Media Network.
“PubMatic’s expertise in leveraging consumer data supports the
delivery of impactful campaigns for our advertiser partners while
maintaining high-quality consumer experiences. This collaboration
will enable brands to engage with our diverse global customer base
more effectively and meaningfully.”
According to EMARKETER’s latest data, US ad spending on
financial media networks like Western Union Media Network is
expected to more than quadruple over the next two years, growing
from $350 million in 2024 to $1.5 billion in 2026. With this
dynamic partnership, PubMatic and Western Union are well-poised to
maximize this growth opportunity while delivering highly impactful
advertising campaigns to engaged audiences.
About PubMaticPubMatic (Nasdaq: PUBM) is an
independent technology company maximizing customer value by
delivering digital advertising’s supply chain of the future.
PubMatic’s sell-side platform empowers the world’s leading digital
content creators across the open internet to control access to
their inventory and increase monetization by enabling marketers to
drive return on investment and reach addressable audiences across
ad formats and devices. Since 2006, our infrastructure-driven
approach has allowed for the efficient processing and utilization
of data in real time. By delivering scalable and flexible
programmatic innovation, we improve outcomes for our customers
while championing a vibrant and transparent digital advertising
supply chain.
Press Contact:Ashley Jacobson, Director of
Corporate MarketingAshley.jacobson@pubmatic.com(201) 289-7994
Broadsheet Communications for
PubMaticpubmaticteam@broadsheetcomms.com(917) 826-1103
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