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PULSE EFT Association Celebrates 25 Years

The PULSE EFT Association, a longtime leader in the ATM and EFT worlds that eventually became a subsidiary of the Discover Card brand, is 25 years old this month.

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HOUSTON — The PULSE EFT Association, a longtime leader in the ATM and EFT worlds that eventually became a subsidiary of the Discover Card brand, is 25 years old this month.

It was a quarter century ago–1981–that seven Texas-based bank holding companies joined forces to launch a cooperative system to switch and settle transactions among multiple financial institutions originating at a new device known as an Automated Teller Machine, PULSE said.

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