Academic journal article ABA Banking Journal

And You Never Heard of eFunds

Academic journal article ABA Banking Journal

And You Never Heard of eFunds

Article excerpt

Our name is relatively new, but our heritage is deep. The formation of eFunds Corporation in 2000 brought together some of the strongest names in risk management and electronic transaction processing, including our leading ChexSystems[SM] account verification service and our industry-leading CONNEX[TM] software.

Today, our CONNEX software solution is the foundation of our EFT processing business, and is considered the 'gold standard' for high-volume electronic funds transfer (EFT) processing--providing 99.99% uptime for customers around the globe.

Take a look at some of the ways we can help your institution make the most of our resources.

AIM Driving

Find new ways to make your ATM locations more profitable with our advanced functionality and leading-edge device management services. With our ATM solutions, you can:

* Improve cash management and forecasting

* Enhance analyses of future machine profitability

* Customize screens and receipts

* Leverage automatic balancing

* Perform device status inquiries

* Simplify exception handling

Network Access

You can save time--and even more money-by gaining access to nearly any network you need through one connection to eFunds. Here are a few of the national and regional networks we can connect you to:

CO OP Network[R]

STAR[SM]

NYCE[R]

Visa[R]

Plus[R]

MasterCard[R]

AMEX[R]

Cirrus[R]

Discover[R]

Diners Club[R]

Debit Card Programs

You can grow your debit card business and manage it more profitably with our card solutions. We offer a complete menu of services, including:

* Program Administration

* Cardholder Setup

* Authorization

* Transaction Processing and Settlement

* Exception Management and Reporting

* Risk Management

* Supporting Services

EFT Software

If you prefer to process in-house, you can control your EFT business with one powerful platform. …

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