eFunds Corporation Becomes EFD, the Payments Solutions Company

The move to EFD is closely tied to the evolution of the companys comprehensive value proposition around enterprise payments and data & decisioning solutions for global financial institutions, networks, merchants and large enterprises. Increasingly, these businesses are faced with growing pressure to optimize global payment processing operations, open more of the right customer accounts, and address fraud across the enterprise. To address this, they are turning to flexible, innovative solutions designed to increase the value of customer relationships while improving operational efficiency. The EFD value proposition is based on more than 35 years of experience in enterprise payments and data & decisioning expertise, leveraging industry-leading brands including EFD ChexSystems(SM), EFD DebitBureau, EFD DataNavigator, EFD CONNEX and EFD Prepaid Solutions. EFD customers will continue to benefit from the companys flexible delivery capabilities, which provide the option to run solutions as software, services or anything in between. Customers will also be able to take advantage of EFDs component business model, which provides the flexibility to integrate proven components within strategic enterprise solutions designed to solve more complex business problems.