December 06, 2016 9:35 AM ET

Commercial Services and Supplies

Company Overview of Chex Systems, Inc.

Company Overview

Chex Systems, Inc., a consumer-reporting agency, account verification services to its financial institution members to aid them in identifying account applicants who may have a history of account mishandling. The company was founded in 1971 and is based in Woodbury, Minnesota. Chex Systems, Inc. operates as a subsidiary of Fidelity National Information Services, Inc.

7805 Hudson Road

Suite 100

Woodbury, MN 55125

United States

Founded in 1971

Phone:

800-428-9623

Fax:

602-659-2197

Key Executives for Chex Systems, Inc.

President
Age: 74
Compensation as of Fiscal Year 2016.

Chex Systems, Inc. Key Developments

Santander Bank, N.A. to Adopt New Policies Governing Use of ChexSystems

Attorney General Eric T. Schneiderman announced that Santander Bank, N.A. has agreed to adopt new policies governing its use of ChexSystems. Santander's new policies are expected to allow thousands of additional New Yorkers and consumers nationwide to open bank accounts by September 30, 2015. The change comes amid concerns that screenings by ChexSystems and other consumer-reporting agencies, which are used by most of the nation's banks, adversely affect lower-income applicants and force them to turn to high-cost alternative financial services like check-cashing outlets. Santander now joins Capital One and Citibank as the third bank to commit to overhaul its use of ChexSystems. The three banks operate a combined 613 branches across New York State and 2,822 branches nationwide.

Similar Private Companies By Industry

Company Name Region
$1 Energy Fund, Inc. United States
1 Class Corp United States
1 Solution Corp United States
1-800 Junk-USA United States
100 Pablo, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Bloomberg L.P. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Chex Systems, Inc., please visit www.chexsystems.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.