In 1884 Western Union has become a joint-stock company and was brought to the stock exchange. The company has entered in the first American stock index Dow Jones. The first offices of company were located in the Reynolds Arcade building in Rochester, New York. The sign above the main entrance to the building - In 2007 the company made 167.7 million transactions on money transfers between individuals and 404.6 million transactions between physical and legal persons. Another invention of Western Union - time synchronization. In 2000 was launched the Web site westernunion.com, with which users from certain countries can independently transfer funds online. In 1988, the company undertook a massive reorganization in response to rapidly changing business conditions. In particular, this need has arisen due to many technological changes that have taken place at that time. Company name was changed from Western Union Telegraph Co. to Western Union Corp. In the 1910-1920 years. Western Union is actively engaged in researching, innovating in the field of data transmission.
In 2007 the company made 167.7 million transactions on money transfers between individuals and 404.6 million transactions between physical and legal persons. Another invention of Western Union - time synchronization. The first offices of company were located in the Reynolds Arcade building in Rochester, New York. The sign above the main entrance to the building -