Western Union Company Description
Western Union's wires don't carry telegrams anymore STOP But they keep on humming with international money transfers STOP The firm's more than 335,000 locations worldwide let individuals and business customers transfer money or make payments electronically. The pioneering company (founded in 1851) has taken advantage of technological advances and rolled with the changes. Starting out as a messaging medium, it then added the US's first stock ticker, helped standardize timekeeping nationally, debuted an early charge card and the singing telegram, and finally shifted to money transfer services. First Data spun off Western Union (formerly Western Union Financial Services) to shareholders in 2006.
View the Comprehensive Company Description for Western Union
The Company Description provides a historical perspective of Western Union's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Western Union's evolution in the marketplace.
