The US-based Fidelity National Information Services (FIS), has acquired EFD/ eFunds Corporation in an all-cash deal valued at approximately $1.8 billion (around Rs 7,380 crore). Under the terms of the agreement, EFD shareholders will receive $36.50 in cash for each share of the common stock.

What is the history of eFunds?

EFD was formed as eFunds Corporation in 1999 as a spin-off from Deluxe Corporation, bringing together established players in financial risk management and electronic transaction processing services; previously distinct businesses within Deluxe.

eFunds Corporation provides electronic debit payment solutions. The Company offers services such as decision support, risk management tools, electronic funds transfer processing, information technology consulting, and business process management.

FIS E-ACCESS Formerly named eFunds Online, this secure site provides clients access to DDA origination services and DDA risk management, along with information pertaining to Electronic Payment and EFT Solutions.

eFunds Corporation provides electronic debit payment solutions. The Company offers services such as decision support, risk management tools, electronic funds transfer processing, information technology consulting, and business process management.

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QualiFile User Guide for the FIS eAccess Web Portal v3.8 April 11, 2016Title/Position (Calibri, 12 pt.)www.fisglobal.comQualiFile User Guide for the FIS eAccess Web PortalTable of Contents Introduction.

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