In due time MoneyGram separated from the Western Union and became an independent brand. Around the world, MoneyGram is working with leading financial institutions. The company continues to automate and enhance MoneyGram MoneyGram hired compliance officers in many of their global offices to ensure compliance with regulations of specific countries or regions. It is very convenient and quick to transfer money without opening accounts and having no payment cards, precisely due to this wired transfer system MoneyGram has become one of the most common worldwide. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume.