financial services electronic funds transfer retail founded minneapolis minnesota usa headquarters scottsdale arizona usa key people paul f. walsh chairman and chief executive officer products efd connex efd ist switch efd ist allcard efd ist clearing efd ist mas efd chexsystems efd debitbureau efd datanavigator efd prepaid solutions revenue 552.4 million usd 2006 number of employees 5 000 slogan make every transaction more valuable . website www.efunds.com efd is a payments services company . efd provides 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 1.8 b. the target completion date for the acquisition was the 3rd quarter of 2007 . contents 1 company history 2 efd efunds international 3 see also 4 references 5 external links company history edit efd was formed as efunds corporation in 1999 as a spin off from deluxe corporation bringing together some of the most 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 . in march 2007 efunds corporation announced its transition to its new corporate brand efd . efd efunds international edit 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 edit chexsystems references edit chhabra mohit 2004 11 08 . dq idc india survey bpo e sat 2004 . dataquest . retrieved 2006 12 26 . external links edit efunds corporation fidelity national information services retrieved from https en.wikipedia.org w index.php title efd efunds corporation & oldid 738462536 categories fiscompanies based in scottsdale arizona navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 9 september 2016 at 03 01 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view