Welcome to our dedicated page for Deluxe news (Ticker: DLX), a resource for investors and traders seeking the latest updates and insights on Deluxe stock.
Deluxe Corporation (DLX) delivers essential payment processing, data analytics, and business solutions through its four core segments. This news hub provides investors and professionals with timely updates on strategic developments across Print Services, Merchant Services, B2B Payments, and Data Solutions.
Access official press releases covering earnings reports, product innovations, and partnership announcements. Stay informed about leadership changes, security enhancements in payment systems, and advancements in financial analytics. Our curated collection helps stakeholders monitor DLX's market position in digital transformation and legacy print services.
Key updates include regulatory compliance milestones, technology investments, and service expansions across corporate treasury management and merchant processing. Bookmark this page for centralized access to Deluxe Corporation's verified announcements, ensuring you never miss critical developments affecting its diversified business operations.
Barry C. McCarthy, President and CEO of Deluxe, will be the 2024 inductee into the Technology Association of Georgia (TAG) Fintech Hall of Fame. McCarthy, who joined Deluxe in 2018, has transformed the company from a legacy check printer to a leader in digital payments and data solutions. Under his leadership, Deluxe processes nearly $3 trillion in payment volume annually and has achieved four consecutive years of organic revenue growth. McCarthy also orchestrated the largest acquisition in Deluxe's history with the 2021 purchase of First American Payments System.
McCarthy's contributions to the fintech industry are notable, including prior roles at First Data, Verisign, and Wells Fargo. He has been integral in innovations such as the launch of ApplePay and the creation of cloud-based ATMs. The induction will take place during Fintech South on August 27-28, 2024.
Deluxe (NYSE: DLX), a prominent Payments and Data company, has been recognized by Constellation Research Inc. on the Business Transformation 150 (BT150) list. This acknowledgment specifically highlights Yogaraj “Yogs” Jayaprakasam, SVP and Chief Technology and Digital Officer, for his leadership in leveraging technology for future innovation. This recognition adds to previous accolades, including the CIO 100 Award and being named one of America’s Most Trustworthy Companies by Newsweek for three consecutive years. The BT150 list honors global executives for their innovative use of technology to drive business transformation.
Deluxe (NYSE: DLX), a modern Payments and Data company, announced its participation in TD Cowen's 52nd Annual Technology, Media, and Telecom Conference. The event will feature a presentation by Barry McCarthy, President and CEO, and Chip Zint, SVP and CFO, on May 30 at 1:50 pm ET. The presentation will be accessible through a live webcast available on the company's investor relations website, with a replay option post-event.
Deluxe has announced the appointment of John Rubinetti as President of its B2B Payments business. Rubinetti brings extensive experience in Treasury and B2B payment solutions, having previously held senior roles at Fiserv, RBS/Citizens, American Express, and Bank of America Merchant Services.
At Deluxe, Rubinetti will focus on driving revenue growth, cultivating talent, and leading transformative initiatives in B2B payments.
His customer-centric approach has historically resulted in enhanced customer satisfaction and business success. CEO Barry McCarthy emphasized that Rubinetti's expertise will significantly advance Deluxe's B2B payments solutions.
Rubinetti expressed enthusiasm for joining a company with a strong history of innovation and is eager to contribute to its ongoing success.
Deluxe reported a 1.9% decrease in revenue but a 1.2% increase in comparable adjusted revenue for the first quarter of 2024. Net income improved to $10.8 million from $2.8 million in 2023. Deluxe raised its full-year free cash flow outlook, with a strong start to 2024 highlighted by improved operating results and a significant gain on a 2023 business exit. Comparable adjusted EBITDA increased by 7% to $96.9 million, and comparable adjusted diluted EPS improved by 4.3% to $0.72.
FAQ
What is the current stock price of Deluxe (DLX)?
What is the market cap of Deluxe (DLX)?
