Money Gram Extends Exclusive Relationship With ACE Money Express

Money Gram Extends Exclusive Relationship With ACE Money Express

Pr Release

DALLAS, Texas Oct. 16, 2014 (GLOBE NEWSWIRE) — MoneyGram (NASDAQ: MGI), a prominent international cash transfer and re re re payment solutions business, announced today it has renewed a longstanding agreement with certainly one of its biggest agents, ACE Cash Express, Inc., an Irving, Texas -based monetary solutions business. The extensive seven-year contract develops on a powerful collaboration between your two organizations who’ve strategically worked together for 25 years to produce access to alternate economic services for customers for the U.S. Using this renewal, MoneyGram has guaranteed eight of the top agents through the initial quarter of 2017 or past.

«we have been exceptionally 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 powerful brand that is global history of success in more than 200 nations and regions, and unique method of serving our agents and customers, » says

Pamela H. Patsley

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

With all the contract, MoneyGram’s full 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 stores.

Customers may also access MoneyGram’s online solutions through the ACE money Express internet site, where they could link right to MoneyGram to transfer funds or settle payments.

«for over one fourth of a hundred years, ACE money Express and MoneyGram have actually supplied convenient economic solutions to thousands of people, » said

Jay B. Shipowitz

, president and primary officer that is executive of money Express. «ACE’s concern is always to offer customers with access to services and products that will assist them satisfy their economic objectives, and we also genuinely believe that ACE’s partnership with MoneyGram is still of tremendous value to your clients. «

About MoneyGram Overseas, Inc.

MoneyGram, a respected cash transfer business, provides crucial solutions to customers that are perhaps not completely offered by conventional banking institutions. MoneyGram provides money that is worldwide solutions much more than 200 nations and regions through a worldwide community of 345,000 representative locations, including merchants, worldwide post workplaces and banking institutions. MoneyGram also provides bill payment solutions, problems cash sales and operations checks that are official choose areas.

Predatory Loan King Backs Schimel

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

Brad Schimel. Photo through the State of Wisconsin.

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

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

Aycox could be the creator and ceo of Atlanta-based choose Management Resources and routinely pumps big bucks into promotions of applicants symapthetic into the exhorbitant-interest payday/title loan industry. Aycox additionally operates businesses beneath the names LoanMax, Midwest Title Loans and many other brands, based on the Center for Public Integrity.

The gains he derives from recharging interest that is high to the indegent permits him to call home in luxury.

Aycox, a previous car or truck and insurance coverage salesman, is at one time a co-owner with Alvin Malnik of Title Loans of America. Malnik is a reputed mob associate.

It to legitimate ventures (like real estate) if you believe Forbes magazine (“The Invisible Enterprise”), Malnik essentially invented the black art of money-laundering, taking mob money and routing. To wit:

“In the 1960s, Miami attorney Alvin Malnik put up the lender of Commerce when you look at the Bahamas. Mob money flowed into its key numbered records by the billions–(mob financier Meyer) Lansky cash, the majority of it–and then away once again into Tibor Rosenbaum’s Global Credit Bank of Switzerland before time for the usa for investment. ”

In addition, did you know Swiss francs had been 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.

And also the Arizona Republic reported in 1999:

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

Gretchen Schuldt writes a web log for Wisconsin Justice Initiative, whoever objective is “To enhance the quality of justice in Wisconsin by educating the general public about legal issues and encouraging civic engagement in and debate about the judicial system as well as its procedure.

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