MoneyGram International, Inc. (MoneyGram) is a global payment services company. The Company’s products include global money transfers, money orders and payment processing solutions for financial institutions. The Company's business is conducted through its wholly owned subsidiary, Travelers Express Company, Inc. It conducts its business through two segments: Global Funds Transfer and Payment Systems. In August 2008, the Company acquired MoneyCard World Express, S.A. (MoneyCard) and Cambios Sol, S.A., two money transfer agents located in Spain.
(Source: 10-K) – less