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Deluxe Announces First Integration of Deluxe Payment Exchange with Leading Title Production Software Provider, AccuTitle

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Deluxe (NYSE:DLX) has announced the integration of its Deluxe Payment Exchange eCheck solution with AccuTitle, a major Title Production Software provider in the US. This integration represents the first of several planned partnerships with TPS providers, aiming to support approximately 75% of residential real estate closings nationwide by early 2025.

The integration enables AccuTitle's TitleFusion and Accuair customers to process escrow payments directly through Deluxe Payment Exchange, offering an alternative to traditional wire transfers and paper checks. The solution allows for instant payment processing, reduces operational costs, and provides payees with multiple payment options, including the ability to pay real estate agent commissions within minutes of closing.

This strategic move modernizes payment workflows, reduces escheatment, and enhances security while streamlining the entire transaction process within the TPS software environment.

Deluxe (NYSE:DLX) ha annunciato l'integrazione della sua soluzione eCheck Deluxe Payment Exchange con AccuTitle, un importante fornitore di software per la produzione di titoli negli Stati Uniti. Questa integrazione rappresenta la prima di diverse partnership pianificate con i fornitori di TPS, con l'obiettivo di supportare circa il 75% delle chiusure immobiliari residenziali a livello nazionale entro la metà del 2025.

L'integrazione consente ai clienti di TitleFusion e Accuair di AccuTitle di elaborare i pagamenti in deposito direttamente tramite Deluxe Payment Exchange, offrendo un'alternativa ai tradizionali bonifici bancari e assegni cartacei. La soluzione consente l'elaborazione immediata dei pagamenti, riduce i costi operativi e fornisce ai beneficiari diverse opzioni di pagamento, inclusa la possibilità di pagare le commissioni degli agenti immobiliari entro pochi minuti dalla chiusura.

Questa mossa strategica modernizza i flussi di pagamento, riduce l'escheatment e migliora la sicurezza, semplificando l'intero processo di transazione all'interno dell'ambiente software TPS.

Deluxe (NYSE:DLX) ha anunciado la integración de su solución eCheck Deluxe Payment Exchange con AccuTitle, un importante proveedor de software de producción de títulos en EE. UU. Esta integración representa la primera de varias asociaciones planificadas con proveedores de TPS, con el objetivo de respaldar aproximadamente el 75% de los cierres de bienes raíces residenciales en todo el país para principios de 2025.

La integración permite a los clientes de TitleFusion y Accuair de AccuTitle procesar pagos de depósito directamente a través de Deluxe Payment Exchange, ofreciendo una alternativa a las transferencias bancarias tradicionales y los cheques en papel. La solución permite el procesamiento de pagos instantáneos, reduce los costos operativos y proporciona a los beneficiarios múltiples opciones de pago, incluida la capacidad de pagar comisiones de agentes inmobiliarios dentro de minutos después del cierre.

Este movimiento estratégico moderniza los flujos de pago, reduce el escheatment y mejora la seguridad, al tiempo que simplifica todo el proceso de transacción dentro del entorno de software TPS.

Deluxe (NYSE:DLX)는 미국의 주요 타이틀 프로덕션 소프트웨어 제공업체인 AccuTitle과 Deluxe Payment Exchange eCheck 솔루션의 통합을 발표했습니다. 이 통합은 TPS 제공업체와의 계획된 여러 파트너십 중 첫 번째로, 2025년 초까지 전국적으로 약 75%의 주거용 부동산 거래를 지원하는 것을 목표로 하고 있습니다.

통합은 AccuTitle의 TitleFusion 및 Accuair 고객이 Deluxe Payment Exchange를 통해 에스크로 지불을 직접 처리할 수 있게 하여, 전통적인 전신 송금 및 종이 수표에 대한 대안을 제공합니다. 이 솔루션은 즉각적인 지불 처리를 가능하게 하고, 운영 비용을 줄이며, 수취인에게는 부동산 중개인 커미션을 거래 완료 몇 분 내에 지급할 수 있는 여러 지불 옵션을 제공합니다.

이 전략적 조치는 지불 작업 흐름을 현대화하고, 에스치먼트를 줄이며, 보안을 강화하고 TPS 소프트웨어 환경 내에서 전체 거래 프로세스를 간소화합니다.

Deluxe (NYSE:DLX) a annoncé l'intégration de sa solution eCheck Deluxe Payment Exchange avec AccuTitle, un important fournisseur de logiciels de production de titres aux États-Unis. Cette intégration représente la première d'une série de partenariats prévus avec des fournisseurs de TPS, visant à soutenir environ 75 % des transactions immobilières résidentielles à l'échelle nationale d'ici début 2025.

L'intégration permet aux clients d'AccuTitle utilisant TitleFusion et Accuair de traiter les paiements sous séquestre directement via Deluxe Payment Exchange, offrant une alternative aux virements bancaires traditionnels et aux chèques papier. La solution permet un traitement instantané des paiements, réduit les coûts opérationnels et offre aux bénéficiaires plusieurs options de paiement, y compris la possibilité de payer les commissions des agents immobiliers dans les minutes suivant la clôture.

Cette initiative stratégique modernise les flux de paiement, réduit l'escheatment et renforce la sécurité tout en rationalisant l'ensemble du processus de transaction au sein de l'environnement logiciel TPS.

Deluxe (NYSE:DLX) hat die Integration seiner Deluxe Payment Exchange eCheck-Lösung mit AccuTitle, einem bedeutenden Anbieter von Titelerstellungssoftware in den USA, angekündigt. Diese Integration stellt die erste von mehreren geplanten Partnerschaften mit TPS-Anbietern dar, die darauf abzielt, bis Anfang 2025 etwa 75 % der Wohnimmobilientransaktionen im ganzen Land zu unterstützen.

Die Integration ermöglicht es den Kunden von AccuTitles TitleFusion und Accuair, Escrow-Zahlungen direkt über Deluxe Payment Exchange zu verarbeiten und bietet eine Alternative zu traditionellen Überweisungen und Papierchecks. Die Lösung ermöglicht sofortige Zahlungsabwicklungen, senkt die Betriebskosten und bietet den Zahlungsempfängern mehrere Zahlungsmöglichkeiten, einschließlich der Möglichkeit, die Provisionen von Immobilienmaklern innerhalb von Minuten nach Abschluss zu zahlen.

Dieser strategische Schritt modernisiert die Zahlungsabläufe, reduziert die Escheatment und verbessert die Sicherheit, während der gesamte Transaktionsprozess innerhalb der TPS-Softwareumgebung optimiert wird.

Positive
  • Integration expected to capture 75% of US residential real estate closings by 2025
  • Reduces operational costs through elimination of paper checks and manual processes
  • Enables instant payment processing, improving transaction efficiency
  • Provides multiple payment options for payees
Negative
  • None.

Insights

The integration of Deluxe Payment Exchange with AccuTitle represents a strategic advancement in real estate payment processing. The solution addresses key pain points in the $107 billion title insurance market by replacing inefficient wire transfers and paper checks with digital alternatives. The projected 75% coverage of residential real estate closings by early 2025 indicates substantial market penetration potential.

The technology's value proposition centers on three critical aspects: cost reduction through elimination of paper check processing (typically $3-5 per check), enhanced security compared to wire transfers (which saw $2.4 billion in fraud losses in 2023) and improved operational efficiency through automation. The integration with AccuTitle's TitleFusion and Accuair platforms creates a seamless payment infrastructure that could potentially process billions in transaction volume annually.

This positions Deluxe strategically in the real estate technology stack, creating a moat through integrated software partnerships. Think of it as building a digital highway system for real estate payments – once established, it becomes the default infrastructure that others must use.

For Deluxe (DLX), this integration marks a pivotal shift in their business model evolution from traditional check printing to digital payment solutions. With a current market cap of 939 million, the company's strategic focus on B2B payments could significantly expand its total addressable market. Real estate transactions represent a high-value, recurring revenue stream with substantial processing fees.

The partnership with AccuTitle creates a scalable distribution channel for Deluxe's payment solutions. Based on industry averages, each real estate transaction generates $20-40 in payment processing fees. Capturing even a modest share of the approximately 5 million annual U.S. residential real estate transactions could generate substantial recurring revenue.

Revenue diversification away from legacy check printing business is important for long-term growth. This integration demonstrates execution of that strategy, potentially warranting a higher multiple as the company transitions from a traditional business services provider to a fintech player.

New Integration Enables Streamlined, Secure, and Cost-Effective Payments for Title Companies and Closing Attorneys, Enhancing Efficiency and Reducing Costs

MINNEAPOLIS--(BUSINESS WIRE)-- Deluxe (NYSE:DLX) is pleased to announce the integration of its Deluxe Payment Exchange eCheck solution with AccuTitle, one of the largest Title Production Software (TPS) providers in the United States. This marks the first of many strategic integrations with top TPS providers, positioning Deluxe Payment Exchange to support approximately 75% of residential real estate closings across the country by early 2025.

Most title production software only supports costly, potentially risky wire payments or printing and mailing of paper checks. Deluxe Payment Exchange solves this with eChecks, which eliminate the inefficiencies of printing and mailing. Sent within minutes of a transaction closing, eChecks offer payees multiple payment options, improving speed, security, and cost-effectiveness without requiring changes to existing systems. A popular application is using eChecks to pay real estate agent commissions within minutes of closing.

The integration enables AccuTitle’s TitleFusion and Accuair customers to send escrow payments directly through Deluxe Payment Exchange, speeding up payment processes, cutting operational costs, and offering payees greater flexibility in receiving payments. By integrating payments within the TPS software, it streamlines workflows, reduces reliance on traditional postal services, and minimizes manual steps, enhancing efficiency and security. This solution modernizes payment workflows, reduces escheatment, and saves costs with eCheck payments, while giving payees the option to select their preferred payment method for added convenience.

For longtime Deluxe customer Kristine Mediate, Founder, President and CEO of FIT Agency, this integration has delivered measurable benefits. “We began utilizing Deluxe eChecks seven years ago to enhance efficiency and, most importantly, security in our transaction funding,” Mediate shared. “Since integrating with TitleFusion, our funding process has become streamlined, faster, and more efficient.”

“Integrating Deluxe Payment Exchange into major TPS providers is a significant step toward our goal of transforming payment processing in the real estate industry,” said John Rubinetti, President of B2B Payments at Deluxe. “TitleFusion and Accuair customers will now be able to experience the speed, security, and convenience of electronic checks, making residential closings faster and more efficient than ever before.”

“Partnering with Deluxe to integrate Deluxe Payment Exchange into our platform is a game-changer for our clients. The ability to streamline escrow payments digitally will save our customers time and reduce costs, ultimately allowing them to deliver a better experience to their clients,” said Bill Bartzak, CEO of AccuTitle.

This integration marks a major shift in real estate transactions, driven by the extensive scale and advanced technology available at Deluxe. As a leader in payment solutions, Deluxe is transforming the industry by integrating with top TPS providers to streamline escrow payments. With future enhancements like instant payment options, Deluxe will continue delivering faster, more efficient solutions to meet the evolving needs of real estate transactions.

About AccuTitle

Since its inception in 2003, AccuTitle has distinguished itself as the leader in the title and escrow software industry, offering five core products: Accuair, TitleFusion, Closers’ Choice, Landtech, and TrackerPro. They are known for their unparalleled customer experience, transparency, and commitment to client success.

AccuTitle is dedicated to innovating and improving the real estate transaction process, making it simpler and more efficient for everyone involved. This commitment to excellence has led AccuTitle to be recognized as one of the fastest-growing companies by both Inc. Magazine and The Deloitte Technology Fast 500.

About Deluxe Corporation

Deluxe, a Trusted Payments and Data Deluxe, champions business so communities thrive. Our solutions help businesses pay, get paid, and grow. For more than 100 years, Deluxe customers have relied on our solutions and platforms at all stages of their lifecycle, from start-up to maturity. Our powerful scale supports millions of small businesses, thousands of vital financial institutions and hundreds of the world’s largest consumer brands, while processing more than $2 trillion in annual payment volume. Our reach, scale and distribution channels position Deluxe to be our customers’ most trusted business partner. To learn how we can help your business, visit us at www.deluxe.com .

Brian Anderson, VP, Strategy & Investor Relations

651-447-4197

brian.anderson@deluxe.com

Keith Negrin, VP, Communications

612-669-1459

keith.negrin@deluxe.com

Source: Deluxe Corporation

FAQ

What is the expected market reach of Deluxe Payment Exchange (DLX) by 2025?

Deluxe Payment Exchange aims to support approximately 75% of residential real estate closings across the United States by early 2025 through strategic integrations with top TPS providers.

How does the DLX AccuTitle integration benefit title companies?

The integration enables streamlined escrow payments, reduces operational costs, eliminates paper checks, provides instant payment processing, and offers multiple payment options while enhancing security and efficiency.

What payment options does the Deluxe Payment Exchange (DLX) integration offer?

The integration offers eChecks as an alternative to wire transfers and paper checks, with multiple payment options for payees, including the ability to process real estate agent commissions within minutes of closing.

Which AccuTitle software platforms are compatible with the new DLX integration?

The Deluxe Payment Exchange integration is compatible with AccuTitle's TitleFusion and Accuair platforms.

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