Western Union
The Western Union Company is an American worldwide financial services and communications company. Its headquarters is in Denver, Colorado. Up until it discontinued the service in 2006, Western Union was globally the best-known American company in the business of exchanging telegrams.
The Western Union Co. is a holding company, which engages in the provision of money transfer and payment services. It operates through the following segments: Consumer-to-Consumer; Consumer-to-Business; Business Solutions; and Other. The Consumer-to-Consumer segment offers multi-currency, real-time, and online money transfer transactions. The Consumer-to-Business segment includes bill payments from clients to businesses such as utilities, auto finance companies, mortgages, and government agencies. The Business Solutions segment consists of foreign exchange services, cross-border transactions, and cross-currency payments. The Other segment includes the firm’s corporate operations. The company was founded in 1851 and is headquartered in Englewood, CO.