eFunds' Expanded and Improved ChexSystems(SM) Product Suite to Gain Tighter Integration With Fiserv's Banking and Credit Union Core Processing Platforms

Market Wire, August, 2004

eFunds Corporation (NYSE: EFD), a leading provider of risk management, electronic payments, ATM and global outsourcing solutions, today announced an enhanced agreement between Chex Systems, Inc, a wholly-owned subsidiary of eFunds Corporations, and Fiserv, Inc. (NASDAQ: FISV), a provider of industry leading information management systems and services to the financial industry. Key to the agreement, which continues a 15-year relationship between the companies, is tighter integration of the ChexSystems(SM) product suite into Fiserv's banking and credit union core processing systems, which will provide improved workflow and decisioning capabilities to Fiserv clients.

eFunds' ChexSystems(SM) product suite boasts advanced identity verification, fraud prevention, risk management and revenue optimization software and services.

"Fiserv is committed to providing the expertise and proven technology solutions that support branch automation and seamless integration for the delivery of critical data and reports to our clients," said Norm Balthasar, Fiserv senior executive vice president and chief operating officer. "Our agreement with eFunds will provide our clients with the best technology, data, analytics, and services to help open more profitable accounts and improve the new account opening process."

The ChexSystems(SM) product suite helps financial services providers perform all of the necessary steps to verify consumer identities and assess the potential for fraud with new account applications. Further, the ChexSystems(SM) product suite ensures compliance with Section 326 of the USA PATRIOT Act, analyzes the risk of each account, and provides real-time decision solutions that allow appropriate privilege setting and maximizes cross-selling opportunities.

"ChexSystems(SM) product suite is the leading new account opening solution serving more than 95,000 financial institutions," said Rahul Gupta, senior vice president and division executive, eFunds. "Fiserv is the market leader in transaction processing representing many of the leading core solutions for banks and credit unions. This is a partnership of two market leaders delivering unmatched technology and services to the FI market enabling FIs to improve customer service and open more profitable consumer checking accounts, while driving down costs," concluded Gupta.

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) provides industry leading information management systems and services to the financial industry, including transaction processing, outsourcing, business process outsourcing and software and systems solutions. The company serves more than 15,000 clients worldwide, including banks, broker-dealers, credit unions, financial planners/investment advisers, insurance companies and agents, self-funded employers, lenders and savings institutions. Headquartered in Brookfield, Wisconsin, Fiserv reported $2.7 billion in processing and services revenues for 2003. Fiserv can be found on the Internet at www.fiserv.com.

About eFunds

eFunds Corporation (NYSE: EFD) is an industry leader with nearly 30 years of experience and expertise in electronic payments. eFunds provides electronic transaction software and processing, ATM solutions, risk management and global outsourcing solutions to financial institutions, electronic funds transfer networks, government agencies and retailers around the world.

Committed to providing excellent customer service and award-winning products, eFunds enables its clients to reduce transaction and infrastructure costs, detect potential fraud and enhance relationships with their customers. eFunds is one of the largest third-party processors of electronic funds transfers (EFT), is a leading ATM deployer in North America, and is the provider of the world's largest debit database. www.eFunds.com.

Statements made in this release concerning the Company's or management's intentions, expectations, or predictions about future results or events are "forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are necessarily subject to risks and uncertainties that could cause actual results to vary from stated expectations, and such variations could be material and adverse. Factors that could result in such a variation include, but are not limited to, the inherent unreliability of earnings and revenue growth predictions due to numerous factors, including many beyond the Company's control, potential difficulties, delays and unanticipated expenses inherent in the development and marketing of new products and services, competitive factors, and the numerous risks and potential additional costs, disruptions and delays associated with the establishment of new business initiatives. Additional information concerning these and other factors that could cause actual results to differ materially from the Company's current expectations is contained in the Company's Quarterly Report on Form 10-Q for the period ending March 31, 2004.