AZ-based eFunds Corporation reported net revenue of $130.5 million and net income of $4.6 million for the first quarter. In 1Q/02, the electronic transaction processor reported net revenue of $134.0 million and net income of $8.5 million. eFunds says the decrease in revenue is primarily due to the 2002 expiration of the STAR, EMEVS and an EBT contract in the electronic payments segment, and lower software license sales in the professional services segment in the first quarter. However, increased revenue derived from ATM acquisitions completed in 2002 somewhat offset these declines. For complete details on eFunds’ 1Q/03 performance visit CardData ([www.carddata.com]).