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Money Gram Extends relationship that is exclusive ACE Cash Express

Money Gram Extends relationship that is exclusive ACE Cash Express

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

«Our company is incredibly happy to renew ACE Cash Express to our agreement, that has been a great partner in growing our U.S. Business. This renewal underscores MoneyGram’s powerful brand that is global reputation success much more than 200 nations and regions, and unique method 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 solutions 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 boosting solution delivery, and then we value ACE’s capability to satisfy customer requirements for submit transactions, money pickup and bill re re payment solutions. «

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

Customers can also access MoneyGram’s online solutions through the ACE money Express site, where they could link straight to MoneyGram to move funds or settle payments.

«for longer than one fourth of a hundred years, ACE money Express and MoneyGram have actually supplied convenient services that are financial huge numbers of people, » said

Jay B. Shipowitz

, president and primary officer that is executive of money Express. «ACE’s concern would be to offer consumers with use of services and products that will assist them satisfy their goals that are financial therefore we genuinely believe that ACE’s partnership with MoneyGram is still of tremendous value to your clients. «

About MoneyGram Global, Inc.

MoneyGram, a respected cash transfer business, provides crucial solutions to customers who aren’t completely offered by old-fashioned banking institutions. MoneyGram offers worldwide cash transfer solutions much more than 200 nations and regions through an international system of 345,000 representative areas, including stores, worldwide post workplaces and banking institutions. MoneyGram now offers bill re re re payment solutions, dilemmas cash sales and processes formal checks in choose areas.

Predatory Loan King Backs Schimel

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

Brad Schimel. Picture from the State of Wisconsin.

State Attorney General Brad Schimel accepted a $2,500 campaign contribution from a loan that is predatory who was simply running a business with a respected mob figure, documents reveal.

Schimel accepted the contribution from Rod Aycox, of Alpharetta, GA, on March 15, campaign finance documents show. The donation 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 businesses underneath the 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 live 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 really 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 create the financial institution of Commerce within the Bahamas. Mob money flowed into its key accounts that are numbered the vast sums–(mob financier Meyer) Lansky cash, the majority of it–and then away once again into Tibor Rosenbaum’s Overseas Credit Bank of Switzerland before time for the usa for investment. ”

In addition, did you know francs that are swiss utilized to invest in construction regarding the apartment buildings in Clairemont and Rancho Penasquitos.

The video gaming commissions of New Jersey and Las Vegas have made Malnik persona non grata. All lies, he states.

Therefore the Arizona Republic reported in 1999:

In a January 1997 sworn deposition for the Georgia civil action, Aycox, then president and part-owner of Title Loans of America, unveiled Malnik as an owner of U.S. Title Trust, which owns 50 % of Title Loans of America. Into the deposition that is same Aycox stated that he could be a 33 per cent owner and Kenneth Partiss of Atlanta had been a 17 percent 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 had been acquitted.

Gretchen Schuldt writes a web log for Wisconsin Justice Initiative, whose 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.

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