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. In 1920, Western Union has implemented the world's first transmission of images over the ocean. In 1860 the U.S. Congress arranged among the telegraph companies a competition to create a national line. The winner was Western Union. Money transfer is a matter of minutes, at any distance. To obtain the Golden card can any client of Western Union, committing money transfers on this system more than 1 time per year. Getting the card is issued at the time of making of the next transfer. In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network.