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 announces the appointment of Yogaraj Jayaprakasam as Chief Technology and Digital Officer, marking a step towards transforming the company into a payments and data enterprise. With extensive experience from American Express, Jayaprakasam will oversee technology and digital platforms, aiming to enhance operational efficiency through cloud-based infrastructure. His leadership is expected to drive innovation in product offerings, supporting Deluxe's mission to empower businesses. The company processes over $2.8 trillion in annual payment volume.
Deluxe (NYSE:DLX) has partnered with BillGO to enhance its Deluxe Payment Exchange (DPX) platform, enabling digitized check delivery for payments. This collaboration aims to process billions in payments annually and provides businesses with more efficient digital payment options. BillGO can now leverage DPX for faster payment processing, improving cost efficiency and reducing reliance on paper checks, which are still used by 65% of small to mid-size U.S. businesses. The initiative targets increasing payment volumes and enhancing financial workflows for clients.
Deluxe Corporation (NYSE: DLX) has been recognized for the 14th consecutive year for its commitment to gender diversity in leadership roles. The company was honored during an event referencing The Minnesota Census of Women in Corporate Leadership, which evaluates women in executive positions across Minnesota's largest publicly traded companies. Cheryl Mayberry McKissack, Chair of the Board, is one of the few African American female board chairs of Fortune 1000 companies, further enhancing Deluxe's reputation in promoting diversity.
Outseer has appointed John Filby as its new CEO to lead the company's efforts in combating transactional fraud. Filby brings over 25 years of financial technology experience, previously serving at Global Holdings and Deluxe Corporation (NYSE: DLX). At Deluxe, he led essential FinTech acquisitions that modernized the business, while at Fiserv Inc. (NASDAQ: FISV), he developed successful transactional fraud products. His focus will be on leveraging Outseer’s capabilities to enhance fraud detection and customer service in a dynamic market.
Deluxe (NYSE:DLX) has signed a multi-year contract with Porsche North America, marking a significant win in its Promotional Solutions business. Deluxe will serve as the premium supplier for all printed products and promotional materials for Porsche in North America. Additionally, Deluxe becomes the title sponsor of the Porsche Carrera Cup racing series, enhancing its brand presence through various marketing initiatives. This partnership is expected to enrich the Porsche brand experience while furthering Deluxe's transition as a leading service provider in cloud and promotional solutions.
Deluxe (NYSE: DLX) will release its first quarter 2022 financial results on May 5, 2022, before the market opens. An open-access conference call is scheduled for 8:30 a.m. ET that same day, which can be accessed at 1-888-210-4748 (access code 7092711). A webcast will also be available on the investor relations website. For those unable to join live, a replay will be accessible after 11:30 a.m. ET until midnight on May 16, 2022, via 1-800-770-2030 (access code 7092711).
Deluxe specializes in business technology and payment solutions, processing over $2.8 trillion in annual payment volume.
Deluxe (NYSE: DLX), a leader in Trusted Payments and Business Technology, announced that CEO Barry C. McCarthy and CFO Scott C. Bomar will present at the Sidoti Spring Small Cap Virtual Conference on March 23 at 9:15 am EDT. Interested parties can access the live webcast on Deluxe's investor relations website. Deluxe has been a trusted partner for over a century, processing more than $2.8 trillion in annual payment volume and supporting small businesses and large financial institutions.
Newfold Digital announced its acquisition of Deluxe's Australia web hosting business, Hostopia Australia, serving over 50,000 small businesses and hosting 250,000 websites. Expected to finalize in Q2 2022, this acquisition enhances Newfold's presence in Australia and enables it to leverage industry-leading products and customer support. Deluxe’s President Garry Capers emphasized this move aligns with their focus on refining North American operations while Newfold President Ed Jay highlighted the importance of trusted hosting services for online businesses.
Deluxe (NYSE: DLX) partners with Truist Financial Corporation to launch Season 2 of the web series Small Business, Big Heart. This initiative highlights inspiring small business owners who give back to their communities. The series originated from the Emmy-nominated Small Business Revolution and aims to showcase the resilience shown by entrepreneurs during the COVID-19 pandemic. Episodes will air starting in March, focusing on businesses in the Southeast and Mid-Atlantic regions.
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