Money Gram Extends Exclusive Relationship With ACE Money Express

Money Gram Extends Exclusive Relationship With ACE Money Express

News Release

DALLAS, Texas payday loans New Hampshire Oct. 16, 2014 (GLOBE NEWSWIRE) — MoneyGram (NASDAQ: MGI), a prominent worldwide money transfer and re re 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 monetary solutions business. The extensive seven-year contract develops on a stronger collaboration amongst the two businesses who possess strategically worked together for 25 years to give access to alternate economic services for customers through the U.S. With this specific renewal, MoneyGram has guaranteed eight of their top agents through the initial quarter of 2017 or past.

“Our company is acutely very happy to renew ACE Cash Express to our agreement, which has been a fantastic partner in growing our U.S. Company. This renewal underscores MoneyGram’s dynamic brand that is global 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 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 improving solution delivery, and now we value ACE’s power to satisfy customer requirements for submit transactions, cash pickup and bill re re payment solutions. “

Utilizing the agreement, MoneyGram’s complete suite of services — cash transfers, cash sales, bill payments — will still be offered by significantly more than 1,400 U.S. ACE Cash Express shops.

Consumers can also access MoneyGram’s online solutions through the ACE money Express web site, where they are able to connect 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 economic solutions to huge numbers of people, ” stated

Jay B. Shipowitz

, president and primary executive officer of ACE money Express. “ACE’s priority is always to offer customers with usage of services and products that will assist them fulfill their financial goals, and now we think that ACE’s partnership with MoneyGram remains of tremendous value to the clients. “

About MoneyGram Global, Inc.

MoneyGram, a respected cash transfer company, provides important solutions to customers who aren’t completely offered by old-fashioned banking institutions. MoneyGram provides worldwide cash transfer solutions much more than 200 nations and regions through an international system of 345,000 representative places, including merchants, worldwide post workplaces and banking institutions. MoneyGram now offers bill re payment solutions, problems cash requests and operations formal checks in select areas.

Predatory Loan King Backs Schimel

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

Brad Schimel. Picture through the continuing State of Wisconsin.

State Attorney General Brad Schimel accepted a $2,500 campaign contribution from the predatory loan king who had been running a business by having a respected 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 latest campaign finance report.

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

The earnings he derives from asking high rates of interest 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.

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 financial institution of Commerce when you look at the Bahamas. Mob money flowed into its key accounts that are numbered the vast sums–(mob financier Meyer) Lansky cash, nearly all of it–and then away once once once again into Tibor Rosenbaum’s Overseas Credit Bank of Switzerland before going back to the usa for investment. ”

In addition, are you aware that Swiss francs were utilized to invest in construction associated with the apartment structures in Clairemont and Rancho Penasquitos.

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

As well as 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, revealed Malnik being an owner of U.S. Title Trust, which has 50 % 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 % owner. In 1983 Partiss had been among 84 defendants indicted in Miami following a U.S. Drug Enforcement Administration drug-smuggling probe that covered 20 states. He was 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 legalities and encouraging civic engagement in and debate about the judicial system as well as its procedure.

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