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. In 1935, Western Union has put into operation first intercity fax communication. Another invention of Western Union - time synchronization. One of the common kinds of money transfer is a transfer via the international system of Western Union. 1970 - a new service called In 1856, in 7 years after the foundation of New York State Printing Telegraph Company, the company changed its name to Western Union Telegraph Company. Western Union made so that the time in all of American civil services was the same.