Deluxe Corp extends eFunds IT outsourcing contract

Source: eFunds Corporation

eFunds Corporation (NYSE:EFD), a leading provider of risk management, electronic payments and global outsourcing solutions, today announced that it has extended its agreement with Deluxe Corporation, the nation's leading check printing and business forms company, to provide IT outsourcing services.

Under the agreement, eFunds will continue to develop Deluxe's core applications through eFunds' IT outsourcing services.

"Deluxe's long-standing relationship with eFunds is a result of their extensive knowledge of our business and the industry. Simply put, they understand our business," said Warner Schlais, senior vice president and chief information officer of Deluxe. "In addition to the technical knowledge and skills needed to support Deluxe's diverse processes and applications, eFunds consistently provides us with cost-effective solutions."

"We are pleased to provide IT outsourcing solutions to Deluxe," said Kathleen Flanagan, senior vice president and division executive, eFunds. "This extension demonstrates eFunds ability to support and enhance the mission critical needs of a major client. We look forward to a continuing relationship with Deluxe as we help the company drive down costs and maintain its standing as an InformationWeek 500 technology-driven organization."

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