The presence of Western Union Gold Card at the client greatly simplifies the process of further processing of money transfers of and reduces the operation time for the sending of money, as the "Gold Card" is a carrier of the personal information about the client. In 1920, Western Union has implemented the world's first transmission of images over the ocean. Another invention of Western Union - time synchronization. The Western Union Company is a leader in global payment services In 1849, Selden and Sibley, the founders of the future Western Union, created the New York State Printing Telegraph Company.