Western Union has taken of 451st position in the rating Fortune 500 in 2009, having moved from 473rd line in 2008. In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. Another invention of Western Union - time synchronization. In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time. In 1914 Western Union engineers invented the first payment card - a prototype of the modern credit card.