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Deluxe Corporation - DLX STOCK NEWS

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.

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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.

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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.

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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.

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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.

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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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Deluxe (NYSE: DLX) has announced that Salesforce will return for season six of the acclaimed reality show, Small Business Revolution. This collaboration, which began in 2019, aims to support Black-owned businesses in Minneapolis and St. Paul. The season features Salesforce Trailblazers providing real-world advice and expertise to the small businesses featured in the show. Filming began in mid-April and includes co-host Baron Davis, highlighting the importance of technology in enhancing customer relationships.

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Deluxe (NYSE: DLX), a leader in payments and business technology, announced that CEO Barry McCarthy will present at Sidoti’s Virtual Investor Conference on June 23 at 11:30 am ET. This conference offers a platform for investors to gain insights into the company's operations and growth strategies. Following the presentation, attendees can access a replay through Deluxe's investor relations webpage. With over 100 years in the industry, Deluxe supports millions of small businesses, processing more than $2.8 trillion in annual payment volume.

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Deluxe (NYSE: DLX), a leader in Trusted Payments and Business Technology, announced that Barry McCarthy, President and CEO, will present at Baird’s 2021 Global Consumer, Technology & Services Conference on June 9 at 2:00 pm ET. Attendees can access a replay of the conference through webcasts available shortly after the event.

Deluxe has been supporting businesses for over a century, processing more than $2.8 trillion in annual payment volume and serving millions of small businesses and financial institutions.

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Deluxe (NYSE: DLX) announces Scott Bomar as the new Senior Vice President and Chief Financial Officer, effective June 14. Bomar brings extensive finance experience from Home Depot, where he managed significant business units and financial strategies. His expertise in payments and operational leadership aligns with Deluxe's focus on enhancing its payments and business technology capabilities. The company began searching for a new CFO in March following Keith Bush's planned departure, with Bomar expected to strengthen Deluxe's financial strategies.

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Deluxe (NYSE: DLX) has successfully completed its acquisition of First American Payment Systems for $960 million in cash, a deal initially announced on April 22, 2021. This strategic move positions Deluxe as a leading player in the growing merchant services market, doubling the revenue of its Deluxe Payments segment to $600 million annually. Following the acquisition, Payments will represent 29% of Deluxe's total revenue, up from 17%. The company aims to leverage this acquisition to cross-sell services across various sectors, enhancing customer value and expanding its market reach.

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FAQ

What is the current stock price of Deluxe Corporation (DLX)?

The current stock price of Deluxe Corporation (DLX) is $21.99 as of January 9, 2025.

What is the market cap of Deluxe Corporation (DLX)?

The market cap of Deluxe Corporation (DLX) is approximately 973.5M.

What does Deluxe Corporation do?

Deluxe Corporation provides payment solutions, data-driven marketing, promotional products, and check printing services.

What are the key segments of Deluxe Corporation?

The key segments are Payments, Data Solutions, Promotional Solutions, and Checks.

What services are included in the Payments segment?

The Payments segment includes merchant payment solutions, treasury management, payroll and disbursement services, and fraud and security services.

What products does the Promotional Solutions segment offer?

The Promotional Solutions segment offers business forms, accessories, advertising specialties, and promotional apparel.

What recent achievements has Deluxe Corporation made?

Deluxe has expanded its digital payment solutions and integrated advanced security features into its offerings.

Who does Deluxe Corporation collaborate with?

Deluxe collaborates with professional designers, copywriters, coders, and photographers.

How does the Data Solutions segment support businesses?

The Data Solutions segment supports businesses with data-driven marketing, digital engagement, logo design, and web hosting services.

What long-standing service is included in the Checks segment?

The Checks segment includes the production of printed business and personal checks.

Why is Deluxe Corporation significant in its industry?

Deluxe is significant due to its comprehensive range of payment solutions, commitment to innovation, and strong financial foundation.

How does Deluxe ensure high-quality service delivery?

Deluxe ensures high-quality service delivery by working with a network of professional designers, copywriters, coders, and photographers.
Deluxe Corporation

NYSE:DLX

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973.55M
43.49M
1.71%
88.69%
5.42%
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