Wednesday, January 25, 2012

Efunds corporation chexsystems

A company called The Deluxe Corporation purchased ChexSystems in 1984.Today, ChexSystems is managed by EFunds Corporation, an independent,publicly traded company.ChexSystems is merely one of the companies that EFunds owns. Many peoplemay not have heard of them, or ChexSystems, until that very moment when theyare denied from opening a bank account.EFunds Corporation principal activities are transaction processing, riskmanagement and professional services to financial institutions & retailers,electronic funds transfer networks and government agencies.The Group operates in four segments: Electronic Payments which provideselectronic funds transfer, automated clearinghouse and other paymentprocessing services, ATM Management Services which provides ATMdeployment, management and branding services, Decision Support and RiskManagement which provides risk management based data and other products,

which ChexSystems is a part of. And other Professional Services which providesbusiness process management and IT outsourcing services.Efunds... the company that owns ChexSystems, Deluxe Corporation, also ownsCurrent Checks (a.k.a. Checks Unlimited), Designer Checks, SCAN (SharedCheck Authorization Network), the Debit Bureau, which tracks your check-writinghistory, and Deluxe Direct Marketing Services.Though most of us have never heard of them... if you ever wrote a check, used aATM machine, used a debit card, sent or received a money wire transfer, etc.etc; you have dealt with this very quiet and powerful company.More information can be found out about Efunds, the company that ownsChexSystems atwww.efunds.com

Credit: CONSUMERS INFO USA
809 Aberdeen Rd Drawer 9001Hampton VA 23670