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eFunds and MicroBilt Provide ChexSystems Product Suite to Financial Service Providers

SCOTTSDALE, AZ , Apr 25, 2004

eFunds Corporation (NYSE: EFD), a leading provider of risk management, electronic payments, ATM and global outsourcing solutions, today announced a reseller and acquirer partnership between Chex Systems, Inc., a wholly-owned subsidiary of eFunds Corporation (Chex), and MicroBilt, a leading provider of credit bureau data and decision intelligence reporting. Under the agreement, financial services providers will be able to use ChexSytemsSM advanced identity verification and risk management services through CreditCommander.com, MicroBilt's premier financial services site, or integrate into an in-house system or application using MicroBilt's System Integration Tool Kit. ChexSystemsSM account verification services are installed in more than 95,000 financial service provider locations. The Chex and MicroBilt partnership is designed to further penetrate the market. "MicroBilt is committed to providing our customers with the critical information needed to assess the risk level of an individual account holder during the critical new account set-up period. Through our partnership with Chex, financial services providers can use the proven ChexSystemsSM product suite they already depend on through CreditCommander.com," said Mike Garretson, senior vice president, MicroBilt. "Our partnership with Chex will provide our customers with a comprehensive suite of technology services designed to help effectively manage the new account process, identify and stop potential identity manipulation and fraud and help address USA Patriot Act compliance. ChexSystemsSM services is a comprehensive account opening solution that helps financial services providers identify applicants whose accounts have been closed for cause and who may pose a risk for account abuse. Complementing ChexSystemsSM, Chex offers additional solutions that help financial services providers improve risk assessment by identifying and stopping potential identity manipulation and fraud in transaction accounts, a comprehensive suite of proven DDA loss recovery services, debit reporting services for credit issuers to augment credit information with a consumer’s debit history, as well as a complete identity verification module that specifically helps non-DDA financial organizations gain compliance with Section 326 of the USA Patriot Act. "eFunds and its subsidiaries have a solid history of developing long-term strategic partnerships with financial services technology providers to offer our customers a breadth of solutions that cater to and grow with their specific business needs," said Rahul Gupta, senior vice president and division executive, eFunds Risk Management Division. "With this strategic partnership, Chex will continue to make ChexSystemsSM product suite available on the MicroBilt platform, extending our industry-leading risk management solutions to MicroBilt customers not currently using it." About MicroBilt:
MicroBilt Corporation, a division of Bristol Investments, Ltd., is the single source and preferred provider of decision critical information that responsibly assists businesses in reducing risk and managing their business. MicroBilt provides online access to consumer and commercial credit bureau data with automated decisioning and collection services. MicroBilt also offers additional data products, which include a basic person search, criminal conviction, bankruptcy, liens, judgments, motor vehicle, employment background and bank history reports at creditcommander.microbilt.com or through a direct interface utilizing their systems integration tool kit. Also, a leader in proprietary financial data and analysis services through their subsidiary Integra Information, subsidiary of MicroBilt, they offer industry benchmarks, norms, valuation data, risk management tools, and other private company financial data that helps companies get the answers they need, when they need them. Another subsidiary, FIData Inc., offers instant online and call center lending solutions. The company also enables businesses to enhance their content offerings by delivering private labeled content or web sites to their established online communities. MicroBilt is certified through and provides interfaces with the three consumer bureaus, Equifax (NYSE: EFX), Experian (London Stock Exchange: GUS) and Trans Union and the two commercial bureaus, D&B and Experian Business. Formerly a First Data Corporation subsidiary (NYSE: FDC), MicroBilt Corporation, maintains offices in Georgia and New Jersey. For more information, contact MicroBilt Corporation, 1640 Airport Road, Suite 115, Kennesaw, GA 30144. Telephone: 1-800-884-4747. 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 the largest non-bank deployer of ATMs 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 Annual Report on Form 10-K for the year ending December 31, 2003.

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