In 1860 the U.S. Congress arranged among the telegraph companies a competition to create a national line. The winner was Western Union. In 1935, Western Union has put into operation first intercity fax communication. Another invention of Western Union - time synchronization. The Western Union Company is a leader in global payment services Thanks to cooperation with Western Union the Associated Press at the end of the XIX century took almost monopolistic position in the U.S. market news. Western Union for more than 130 years provides money transfer services to its customers.