
MoneyGram offers payment systems services for financial institutions,
including official checks, financial institution money orders,
ACH and item processing services. The company was one of the
first to specialize in high-volume check processing and has
grown to be one of the leading processors in the country. The
company works with hundreds of corporate clients and government
agencies to provide check processing and electronic payment
services to corporate controlled disbursements and payable-through-draft
applications.
Founded in 1983, FSMC is a subsidiary of MoneyGram
International, Inc. (NYSE: MGI). The company is based in
Minneapolis.
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