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. Money transfer is a matter of minutes, at any distance. In 1933, by the Western Union Company were invented "singing telegrams". 1970 - a new service called Number of active holders of "Golden Card" of Western Union amounted to 9.5 million people worldwide.