SCOTTSDALE, Ariz. – eFunds Corporation has appointed Paul F. Walsh, 53, chairman and CEO effective immediately. Walsh succeeds chairman/CEO J. A. “Gus” Blanchard, 59, who will serve as Transition Advisor until his planned December 31, 2002. Walsh was most recently chairman/CEO of Clareon Corporation, a privately held electronic payments provider based in Portland, Maine. From 1999 to 2000, Walsh served as chairman of ideal Partners, a private equity firm, funded in part by Bank Boston Capital and Berkshire Partners “We are very pleased that Paul Walsh has accepted this position to lead the eFunds organization.He has demonstrated in past positions his keen ability to build and inspire strong management teams, and deliver tangible results.,” said Blanchard.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.