Western Union 2011 Annual Report Download - page 26

Since these subsidiaries do not operate any banking offices in the United States and do not conduct business in
the United States except as may be incidental to their activities outside the United States, our Company’s
affiliation with these subsidiaries does not cause them to be subject to the provisions of the Bank Holding
Company Act in the United States.
Other
Some of our services are subject to card association rules and regulations. For example, an independent
standards-setting organization, the Payment Card Industry (“PCI”) Security Standards Council (including
American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc.
International) developed a set of comprehensive requirements concerning payment card account security through
the transaction process, called the Payment Card Industry Data Security Standard (“PCI DSS”). All merchants
and service providers that store, process and transmit payment card data are required to comply with PCI DSS as
a condition to accepting credit cards. We are subject to annual reviews to ensure compliance with PCI regulations
worldwide and are subject to fines if we are found to be non-compliant.
Stored-value services offered by Western Union prepaid services are subject to United States federal and state
laws and regulations, as well as laws and regulations outside of the United States, related to consumer protection,
licensing, escheat and money laundering. As we begin offering similar services internationally, those services
may be subject to various country laws. These laws are evolving, and the extent to which they apply to Western
Union or its consumers is sometimes unclear. While we are unable to determine the full impact that new laws and
changing interpretations may have on these services, recent history suggests that new rules may, among other
things, broaden our liability for the services and increase the scope of the information that we and our agents
must collect, maintain and report about consumers.
Employees and Labor
As of January 31, 2012, our businesses employed approximately 8,000 employees, of which approximately
6,000 employees are located outside of the United States.
Available Information
The Western Union Company is a Delaware corporation and its principal executive offices are located at
12500 East Belford Avenue, Englewood, CO, 80112, telephone [phone]. The Company’s Annual Report
on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and amendments to those reports
are available free of charge through the “Financial Information” portion of the Company’s web site,
www.westernunion.com, as soon as reasonably practical after they are filed with the SEC. The SEC maintains a
web site, www.sec.gov, which contains reports, proxy and information statements, and other information filed
electronically with the SEC by the Company.
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