Minneapolis-based Travelers Express Co. Inc. was founded in 1940. In 1965, Travelers Express was acquired by The Greyhound Corporation (later known as Viad Corp) and became the nation's largest provider of money orders before initiating a company reorganization plan in 1993.

MoneyGram Systems (1988-1997)

MoneyGram was formed in 1988 as a subsidiary of Integrated Payment Systems Inc. Integrated Payment Systems was a subsidiary of First Data Corporation,

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