Money transfers via MoneyGram system can be used as by bank customers, and by people who do not have bank accounts. AgentConnect allows MoneyGram agents to integrate the money transfer service with their internal security and training processes. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.