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 prominent worldwide cash transfer and payment solutions business, announced today so it has renewed a longstanding agreement with certainly one of its biggest agents, ACE money Express, Inc., an Irving, Texas -based economic services business. The extensive seven-year contract develops on a stronger collaboration involving the two businesses who possess strategically worked together for 25 years to offer access to alternate economic services for customers through the U.S. Using this renewal, MoneyGram has guaranteed eight of its top agents through 1st quarter of 2017 or past.

“we’re 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 powerful global brand name, reputation success much more than 200 nations and regions, and unique way of serving our agents and customers, ” says

Pamela H. Patsley

, MoneyGram’s president and executive officer that is chief. “Our U.S. Clients have actually relied on our services at ACE money Express places for a long time, and together, we look ahead to building on our provided success. MoneyGram is constantly dedicated to improving solution delivery, and now we value ACE’s power to satisfy customer requirements for submit transactions, money bill and pickup re re payment services. “

Utilizing the contract, MoneyGram’s complete suite of services — cash transfers, cash requests, bill payments — will still be offered 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 web site, where they could link straight to MoneyGram to move funds or settle payments.

“for longer than a quarter of a hundred years, ACE money Express and MoneyGram have actually supplied convenient services that are financial huge numbers of people, ” stated

Jay B. Shipowitz

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

About MoneyGram Overseas, Inc.

MoneyGram, a money that is leading business, provides crucial services to customers who aren’t completely offered by old-fashioned finance institutions. MoneyGram provides worldwide cash transfer services much more than 200 nations and regions through a worldwide system of 345,000 representative areas, including stores, worldwide post workplaces and banking institutions. MoneyGram now offers bill re payment services, problems cash instructions and operations checks that are official choose 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 contribution from a predatory loan king who had been running a business with a reputed mob figure, documents show.

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

Aycox may be the creator and ceo of Atlanta-based choose Management Resources and routinely pumps money that is big promotions of applicants symapthetic to your exhorbitant-interest payday/title loan industry. Aycox also operates businesses underneath the true names LoanMax, Midwest Title Loans and many other brands, in line with the Center for Public Integrity.

The earnings he derives from charging you interest that is high to the indegent permits him to call home in luxury.

Aycox, an old 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.

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

“In the 1960s, Miami attorney Alvin Malnik put up the lender of Commerce within the Bahamas. Mob money flowed into its key accounts that are numbered the vast sums–(mob financier Meyer) Lansky money, almost all 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 francs that are swiss utilized to fund construction regarding the apartment structures in Clairemont and Rancho Penasquitos.

The video video gaming commissions of brand new Jersey and nevada have made Malnik persona non grata. All lies, he claims.

And also the Arizona Republic reported in 1999:

In a January 1997 sworn deposition for the 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 owns 50 per cent of Title Loans of America. When you look at the exact same deposition, Aycox stated that he could be a 33 % owner and Kenneth Partiss of Atlanta had been a 17 % owner. In 1983 Partiss ended up being among 84 defendants indicted in Miami after 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, whose objective is “To enhance the quality of justice in Wisconsin by educating the general public about legalities and encouraging civic engagement in and debate about the judicial system and its particular procedure.