Western Union Says First Data Won't Mind Genpass P-P Deal

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There's something curious about Western Union Financial Services Inc.'s deal to open Genpass Inc.'s 20,000 automated teller machines to the new Western Union Money Transfer person-to-person service.

The odd part is that Western Union's parent company, Denver-based First Data Corp., recently closed on its acquisition of NYCE Corp., which runs a much larger electronic funds transfer network and has developed its own person-to-person payment service, though it is not in commercial use yet.

Western Union and NYCE executives, however, said their person-to-person services have key differences and hence can peacefully coexist under the same corporate umbrella.

"It's like a lot of companies with different brands for the same product with different price points with …