Money Gram Extends relationship that is exclusive ACE Money Express

Money Gram Extends relationship that is exclusive ACE Money Express

News Release

DALLAS, Texas Oct. 16, 2014 (GLOBE NEWSWIRE) — MoneyGram (NASDAQ: MGI), a number one worldwide cash transfer and re payment solutions business, announced today it has renewed a longstanding agreement with certainly one of its biggest agents, ACE money Express, Inc., an Irving, Texas -based monetary services business. The extensive seven-year contract builds on a good collaboration amongst the two businesses who possess strategically worked together for 25 years to give access to alternate economic services for customers for the U.S. Using this renewal, MoneyGram has guaranteed eight of the top agents through the very first quarter of 2017 or past.

«we have been acutely very happy to renew our contract with ACE money Express, which was a fantastic partner in growing our U.S. Company. This renewal underscores MoneyGram’s dynamic worldwide brand name, history of success much more than 200 nations and territories, and unique way of serving our agents and consumers, » says

Pamela H. Patsley

, MoneyGram’s chairman and ceo. «Our U.S. Clients have actually relied on our solutions at ACE money Express areas for many years, and together, we look ahead to building on our provided success. MoneyGram is constantly centered on boosting service delivery, and now we value ACE’s power to meet customer requirements for submit transactions, money bill and pickup re payment solutions. «

Using the contract, MoneyGram’s complete suite of services money that is, cash sales, bill payments — will still be provided by significantly more than 1,400 U.S. ACE money Express shops.

Customers may also access MoneyGram’s online solutions through the ACE money Express website, where they are able to link straight to MoneyGram to move funds or settle payments.

«for over a quarter of a hundred years, ACE money Express and MoneyGram have actually supplied convenient services that are financial thousands of people, » stated

Jay B. Shipowitz

, chairman and primary executive officer of ACE money Express. «ACE’s priority is always to offer customers with use of services and products that will assist them fulfill their economic objectives, so we genuinely believe that ACE’s partnership with MoneyGram remains of tremendous value to the customers. «

About MoneyGram Overseas, Inc.

MoneyGram, a respected money transfer business, provides crucial solutions to customers who’re perhaps not completely offered by old-fashioned banking institutions. MoneyGram provides worldwide cash transfer services much more than 200 nations and regions through a worldwide community of 345,000 agent places, including merchants, worldwide post workplaces and banking institutions. MoneyGram also provides bill re re payment solutions, problems cash sales and operations checks that are official select areas.

Predatory Loan King Backs Schimel

Rod Aycox, partner of reputed mob figure, offers $2,500 to Attorney General Brad Schimel.

Brad Schimel. Photo through the continuing State of Wisconsin.

State Attorney General Brad Schimel accepted a $2,500 campaign donation from a loan that is predatory who had been running a business with a reputed mob figure, documents reveal.

Schimel accepted the donation from Rod Aycox, of Alpharetta, GA, on March 15, campaign finance records reveal. The contribution is placed in Schimel’s latest campaign finance report.

Aycox could be the creator and ceo of Atlanta-based choose Management Resources and routinely pumps money that is big campaigns of applicants symapthetic to the exhorbitant-interest payday/title loan industry. Aycox also operates organizations beneath the true names LoanMax, Midwest Title Loans and many other brands, based on the Center for Public Integrity.

The earnings he derives from billing interest that is high to the indegent enables him to reside in luxury.

Aycox, an old car that is used insurance coverage salesman, is at one time a co-owner with Alvin Malnik of Title Loans of America. Malnik is really a reputed mob associate.

If you were to think Forbes magazine (“The Invisible Enterprise”), Malnik basically created the black colored art of money-laundering, using mob cash and routing it to genuine ventures (like genuine estate). To wit:

“In the 1960s, Miami attorney Alvin Malnik put up the lender of Commerce into the Bahamas. Mob money flowed into its key numbered records by the vast sums–(mob financier Meyer) Lansky cash, nearly all of it–and then away once once again into Tibor Rosenbaum’s Global Credit Bank of Switzerland before going back to the usa for investment. ”

In addition, did you know francs that are swiss utilized to invest in construction associated with apartment structures in Clairemont and Rancho Penasquitos.

The video gaming commissions of the latest Jersey and nevada are making Malnik persona non grata. All lies, he states.

Additionally the Arizona Republic reported in 1999:

In a January 1997 sworn deposition for a Georgia action that is civil Aycox, then president and part-owner of Title Loans of America, unveiled Malnik being an owner of U.S. Title Trust, which has 50 % of Title Loans of America. Into the deposition that is same Aycox stated that he could be a 33 % owner and Kenneth Partiss of Atlanta ended up being a 17 percent owner. In 1983 Partiss had been among 84 defendants indicted in Miami after having a payday loans Arizona U.S. Drug Enforcement Administration drug-smuggling probe that covered 20 states. He had been acquitted.

Gretchen Schuldt writes a web log for Wisconsin Justice Initiative, whoever objective is “To increase the quality of justice in Wisconsin by educating people about legalities and encouraging engagement that is civic and debate about the judicial system and its own procedure.