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. 1998 - the number of points of money transfers worldwide reached 50,000. The network of money transfers of Western Union is the world's largest. Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. Western Union for more than 130 years provides money transfer services to its customers. Western Union made so that the time in all of American civil services was the same.