Welcome to our dedicated page for Deluxe Corporation news (Ticker: DLX), a resource for investors and traders seeking the latest updates and insights on Deluxe Corporation stock.
Deluxe Corporation (Symbol: DLX) is a leading provider of payment solutions, data-driven marketing, and promotional products. The company operates through four key segments: Payments, Data Solutions, Promotional Solutions, and Checks.
In the Payments segment, Deluxe offers merchant in-store, online, and mobile payment solutions. This segment also includes treasury management services like remittance and lockbox processing, remote deposit capture, receivables management, and paperless treasury management. Payroll and disbursement services, including the Deluxe Payment Exchange, as well as fraud and security services, are also key offerings.
The Data Solutions segment focuses on data-driven marketing solutions and hosted services, such as digital engagement and logo design. Deluxe also provides web hosting and design services, making it a versatile partner for businesses aiming to enhance their digital presence.
In the Promotional Solutions segment, Deluxe delivers business forms, accessories, advertising specialties, and promotional apparel. This segment helps businesses enhance brand visibility through various custom promotional products.
Lastly, the Checks segment includes the production of printed business and personal checks, a long-standing service that remains a critical part of Deluxe's offerings.
Deluxe Corporation is committed to innovation and quality, continually evolving its services to meet the changing needs of businesses. The company collaborates with a network of professional designers, copywriters, coders, and photographers, ensuring high-quality service delivery. Recent achievements include expanding its digital payment solutions and integrating advanced security features to safeguard transactions. With a solid financial foundation, Deluxe continues to grow and adapt, maintaining its significant role in the payment solutions industry.
Deluxe Corporation (NYSE: DLX) will announce its third quarter 2021 financial results on
Deluxe (NYSE: DLX) announces the launch of President and CEO Barry C. McCarthy's new book, “Small Business Revolution: How Owners and Entrepreneurs Can Succeed.” This book provides small business owners with practical strategies and insights based on Deluxe's 106-year history and experiences from its Emmy-nominated TV show. Proceeds will benefit the Deluxe Corporation Foundation, which has awarded nearly $110 million in grants. McCarthy aims to support entrepreneurs as they navigate ongoing challenges posed by COVID-19, leveraging Deluxe's transformation into a Trusted Payments and Business Technology™ company.
Deluxe (NYSE: DLX), a leader in Trusted Payments and Business Technology™, has announced that President and CEO Barry McCarthy and CFO Scott Bomar will present at CL King’s 19th Annual Best Ideas Conference. The event is scheduled for September 14 at 8:45 am ET. Interested investors can access a live webcast on Deluxe's investor relations website, with a replay available post-event. With a history of over 100 years, Deluxe supports millions of small businesses and processes more than $2.8 trillion in annual payment volume, reinforcing its commitment to business success.
Deluxe (NYSE: DLX) reported strong second-quarter results for 2021, highlighting a 16.5% revenue growth to $478.2 million, driven by the acquisition of First American. Net income stood at $12.1 million, down from $14.9 million last year. The Payments segment surged with a 43.1% revenue increase, contributed significantly by First American. The company declared a quarterly dividend of $0.30 per share, payable on September 7, 2021. For the year, Deluxe anticipates a revenue growth of 10-12%, factoring in ongoing economic recovery.
Deluxe (NYSE: DLX) is set to announce its Q2 2021 financial results on August 5, 2021, before the market opens. Management will conduct an open-access conference call at 8:30 a.m. ET. Interested listeners can dial 1-833-282-0028 (access code 7946065) to participate. A simultaneous webcast will also be available on their investor relations website. A replay of the call will be accessible after 11:30 a.m. ET until midnight on August 12, 2021, at 1-800-585-8367 (access code 7946065).
Deluxe has announced a partnership between Govolution, its ePayment solutions subsidiary, and Fulton Bank to provide advanced payment technology for government and municipal clients. The collaboration focuses on enhancing consumer payment options, optimizing business operations, and improving account reconciliation. Govolution is recognized for its innovative payment solutions, processing over 1.4 million transactions daily for government clients. This partnership aims to leverage Govolution's expertise and technological investments to better serve Fulton Bank’s government customers.
Deluxe received an Emmy nomination for its reality series Small Business Revolution, which supports struggling small businesses with expert guidance. This recognition, in the Outstanding Lifestyle Series category, is for the fifth season, emphasizing the real-time challenges faced during the pandemic. The nomination follows over 3,000 submissions. CEO Barry McCarthy stated that the series not only drives awareness for Deluxe's products but also serves as a platform for small business success. The sixth season is currently in production, focusing on urban small businesses.
Deluxe (NYSE: DLX) announced a collaboration with Microsoft to integrate its small business HR and payroll solutions into Microsoft Dynamics 365 Business Central. This partnership aims to enhance financial and accounting solutions for small businesses through a comprehensive, cloud-based platform. The integration simplifies payroll and HR processes while automating financial tasks, allowing businesses to operate more efficiently. Deluxe is also partnering with Bam Boom Cloud to further enhance the integration. This move is expected to provide small businesses with a tailored solution for their financial management needs.
Deluxe (NYSE: DLX) introduced HR Solutions on the Deluxe People Platform, a digital HR tool aimed at small- and medium-sized businesses (SMBs). This platform integrates payroll with services such as hiring, onboarding, and time tracking, addressing operational gaps exacerbated by the COVID-19 pandemic. Michael Reed, President of Payments at Deluxe, emphasized the urgent demand for streamlined HR processes. The solution is accessible via various devices and includes features like application tracking and compliance. Currently available in the U.S. and Canada, it aims to enhance user experience through a modern app-based interface.
First American Payment Systems, a subsidiary of Deluxe, has been awarded the ATSI Call Center Award of Distinction for the ninth consecutive year, recognizing its excellence in customer service. The award highlights First American's impressive metrics, including answering 80% of calls within 30 seconds and providing 24/7 support. The company serves over 159,000 merchants in the Americas and Europe, offering integrated payment solutions. This achievement underscores First American's commitment to customer experience and operational excellence in the payment processing sector.
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