International company MoneyGram has expanded its service capabilities of online money transfers to UK residents. The company installed more than 23,000 new MoneyGram signs around the globe, making it easier for consumers to find MoneyGram agents. Technology continues to play a key role in increasing MoneyGram transaction speed, automating and streamlining processes, and creating new functionality. The benefits of money transfers by MoneyGram: the payment of transfers is made in cash. The benefits of money transfers by MoneyGram: high level of data protection and confidentiality of money transfers. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. The Global Funds Transfer segment is the primary segment of MoneyGram, providing money transfer and bill payment services to consumers, who are often unbanked or underbanked. MoneyGram company operates around the clock and all 7 days a week, so the time of money transfer takes only 10 minutes. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.