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EFunds Corporation

EFD was an American payments services company. It provided financial service companies and other large enterprises with new account decisions, fraud detection and payment processing services. On June 27, 2007, Fidelity National Information Services, Inc. (FIS) announced that it was acquiring EFD in an all-cash transaction valued at about $1.8B. The target completion date for the acquisition was the 3rd quarter of 2007.

EFD
TypeSubsidiary (since 2007)
IndustryFinancial services, electronic funds transfer, retail
Founded1999 in Minneapolis, Minnesota, USA
FateAcquired by FIS in 2007
HeadquartersScottsdale, Arizona, USA
Key people
Gus Blanchard, CEO

Debra Janssen, CEO Paul Walsh, CEO Frank Martire, CEO Gary A Norcross, CEO

Stephaine Ferris, CEO
ProductsAO Smith, Deluxe Data, eFunds products

Connex on IBM built in 1975 Connex on HP built in 1981 (also known Connex Advantage) Data Navigator Fraud Navigator v3.0 Settlement - IBM based backend Settlement System ebtEDGE - EBT processing system PPS - Prepaid South card issuing platform IST switch, All Card, Clearing, MAS - acquired as a part of Oasis Technologies, Canada

Chex Systems - Debit Bureau
Revenue $552.4 million USD (2006)
Number of employees
5,000

Company history

EFD was formed as eFunds Corporation in 1999 as a spin-off from Deluxe Corporation, bringing together established players in financial risk management and electronic transaction processing services; previously distinct businesses within Deluxe.

In January 2000, iDLX Technology Partners, another Deluxe unit, combined with eFunds to add professional services and business process outsourcing capabilities to the new business. In June 2000, eFunds held its initial public offering on the NASDAQ national market and later that year completed its separation from Deluxe.[citation needed]

In March 2007, eFunds Corporation announced its transition to its new corporate brand, EFD.

EFD | eFunds International

Based primarily in the US, EFD|eFunds International Limited extends EFD's services beyond North America. In India, eFunds employs more than 5,000 employees in its Software Development, BPO and IT services operations in Mumbai, Gurgaon and Chennai. The company has been ranked among the top three BPO providers in the country.[1]

See also

References

  1. ^ Chhabra, Mohit (2004-11-08). . DataQuest. Archived from the original on 2006-12-23. Retrieved 2006-12-26.

External links

  • eFunds Corporation
  • FIS Global

efunds, corporation, this, article, multiple, issues, please, help, improve, discuss, these, issues, talk, page, learn, when, remove, these, template, messages, this, article, includes, list, general, references, lacks, sufficient, corresponding, inline, citat. This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages This article includes a list of general references but it lacks sufficient corresponding inline citations Please help to improve this article by introducing more precise citations January 2019 Learn how and when to remove this template message This article may rely excessively on sources too closely associated with the subject potentially preventing the article from being verifiable and neutral Please help improve it by replacing them with more appropriate citations to reliable independent third party sources January 2019 Learn how and when to remove this template message This article s tone or style may not reflect the encyclopedic tone used on Wikipedia See Wikipedia s guide to writing better articles for suggestions January 2019 Learn how and when to remove this template message This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources EFunds Corporation news newspapers books scholar JSTOR March 2021 Learn how and when to remove this template message The topic of this article may not meet Wikipedia s notability guidelines for companies and organizations Please help to demonstrate the notability of the topic by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond a mere trivial mention If notability cannot be shown the article is likely to be merged redirected or deleted Find sources EFunds Corporation news newspapers books scholar JSTOR May 2022 Learn how and when to remove this template message Learn how and when to remove this template message EFD was an American payments services company It provided financial service companies and other large enterprises with new account decisions fraud detection and payment processing services On June 27 2007 Fidelity National Information Services Inc FIS announced that it was acquiring EFD in an all cash transaction valued at about 1 8B The target completion date for the acquisition was the 3rd quarter of 2007 EFDTypeSubsidiary since 2007 IndustryFinancial services electronic funds transfer retailFounded1999 in Minneapolis Minnesota USAFateAcquired by FIS in 2007HeadquartersScottsdale Arizona USAKey peopleGus Blanchard CEO Debra Janssen CEO Paul Walsh CEO Frank Martire CEO Gary A Norcross CEO Stephaine Ferris CEOProductsAO Smith Deluxe Data eFunds products Connex on IBM built in 1975 Connex on HP built in 1981 also known Connex Advantage Data Navigator Fraud Navigator v3 0 Settlement IBM based backend Settlement System ebtEDGE EBT processing system PPS Prepaid South card issuing platform IST switch All Card Clearing MAS acquired as a part of Oasis Technologies Canada Chex Systems Debit BureauRevenue 552 4 million USD 2006 Number of employees5 000 Contents 1 Company history 2 EFD eFunds International 3 See also 4 References 5 External linksCompany history EditEFD was formed as eFunds Corporation in 1999 as a spin off from Deluxe Corporation bringing together established players in financial risk management and electronic transaction processing services previously distinct businesses within Deluxe In January 2000 iDLX Technology Partners another Deluxe unit combined with eFunds to add professional services and business process outsourcing capabilities to the new business In June 2000 eFunds held its initial public offering on the NASDAQ national market and later that year completed its separation from Deluxe citation needed In March 2007 eFunds Corporation announced its transition to its new corporate brand EFD EFD eFunds International EditBased primarily in the US EFD eFunds International Limited extends EFD s services beyond North America In India eFunds employs more than 5 000 employees in its Software Development BPO and IT services operations in Mumbai Gurgaon and Chennai The company has been ranked among the top three BPO providers in the country 1 See also EditChexSystemsReferences Edit Chhabra Mohit 2004 11 08 DQ IDC INDIA SURVEY BPO E SAT 2004 DataQuest Archived from the original on 2006 12 23 Retrieved 2006 12 26 External links EditeFunds Corporation Fidelity National Information Services FIS Global Retrieved from https en wikipedia org w index php title EFunds Corporation amp oldid 1134138568, wikipedia, wiki, book, books, library,

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