Joe Manimbo, market analyst at Western Union Business Solutions, said the numbers were "surprisingly positive".
Western Union, a service that remits cash, takes another painful cut whenever they send money home.
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Brian Rogers buys Apache, Apple, Western Union, PNC Financial, Newmont Mining, Joy Global, Inc.
Then early last year the company announced it would would spin off its Western Union division.
By year-end more than 80, 000 Western Union agent locations are open in over 140 countries.
Graham filed a lawsuit against the woman, First Data and Western Union alleging negligence and misconduct.
But many of the immigrants, legal or not, are drawn to Western Union, despite the fees.
Vigo's chief executive, Mario Trujillo, blames Western Union's heavy-handed tactic of tying up its agents.
For now, at least, the criticism has done little to aid Western Union's competitors.
Then First Data spun Western Union off to become an independent publicly traded outfit in 2006.
For example, right now, the wire transfer industry is dominated by monolithic firms like Western Union.
Money senders such as Western Union and MoneyGram have improved their reporting to central banks.
Bebe, who lives in the Paris suburb of Griney, sends money home to Kasai via Western Union.
And as such, says Hikmet Ersek, chief executive of Western Union, many of the transactions are life-changing.
Anti-immigration forces, meanwhile, accuse Western Union of aiding and abetting a flood of illegal aliens to U.S. shores.
Western Union sponsored a Diwali playlist created from a month-long campaign asking users to submit their favorite tunes.
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In Eastern Europe's small towns, Western Union offices have sprung up to disburse funds from relatives working overseas.
Western Union, which built the first transcontinental telegraph line in 1861, is a powerful brand with a leading 17% market share.
Western Union is far from being the only player on the block in an increasingly crowded and commoditized business.
In addition, Norges Bank filed proxy access proposals at Charles Schwab, CME Group, Western Union and Wells Fargo.
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The credit union had offered Western Union money transfers and, ten years ago, switched to Vigo, the nation's third-largest service.
Using the application and a cash card account, customers can send money through the Western Union system from their mobiles.
The service, a sort of test run for Western Union, targets those sending money to Latin America and the Caribbean.
Teresa is one face behind the booming, multibillion-dollar transfer business that has revived the fortunes of a 153-year-old corporate icon:Western Union.
The Western Union deal was engineered by First Data veteran Charles Fote, 55, who rose to chief executive two years ago.
Western Union is under fire as never before (which may be one reason the company declined any interviews for this story).
If you bought then and held both the Western Union shares distributed and the First Data remnants, you'd have a 32% gain.
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