Western Union has taken of 451st position in the rating Fortune 500 in 2009, having moved from 473rd line in 2008. Money transfer is a matter of minutes, at any distance. The Western Union Company is a leader in global payment services In 1991, Western Union has sold some low-profit division of the company AT & T, GM Hughes Electronics, and to some others. In the same year the company changed its name to New Valley Corp.