Morning Alert for eFunds Corp.

0 Comments | M2 Presswire, February, 2007

M2 PRESSWIRE-15 February 2007-bellwetherreport.com: Morning Alert for eFunds Corp(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:15022007 Morning Alert for eFunds Corp (NYSE:EFD) It's all in the name: eFunds provides electronic transaction processing and risk management services to financial institutions, retailers, and electronic funds transfer (EFT) networks in North America, Australia, the UK, and India.

The company also offers such related services as IT and business process outsourcing, and supports governmental electronic benefits transfers (EBTs). Risk management services include check authorization (the SCAN network), account verification (ChexSystem), and the DebitBureau database, which is used to detect fraud. The company sold its network of 17,000 ATMs...