Article: Western Union establishes separate subsidiary for financial services. (Western Union Financial Services Inc.)

WESTERN UNION ESTABLISHES SEPARATE SUBSIDIARY FOR FINANCIAL SERVICES

UPPER SADDLE RIVER, N.J., Jan. 23 /PRNewswire/ -- Western Union Corporation (NYSE: WU) announced today that it has established a new, wholly owned subsidiary, Western Union Financial Services, Inc.

Western Union's Money Transfer service, as well as the messaging services provided by the Company to individual consumers, will be provided through this new subsidiary. In addition, National Payments Network, which was acquired by Western Union in 1989, has become part of Western Union Financial Services, Inc. National Payments Network provides a nationwide electronic bill-payment ...

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