Due to regulatory requirements and consumer demand in Germany and France, MoneyGram opened company stores in both countries. The company installed more than 23,000 new MoneyGram signs around the globe, making it easier for consumers to find MoneyGram agents. Millions of people around the world trust MoneyGram, as the wired transfer system provides its customers with a reliable, fast and inexpensive service. Around the world, MoneyGram is working with leading financial institutions. Until 2004, the owners of MoneyGram were Viad Corp and Travelers Express Company Inc.