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 (NYSE: DLX) reports developments as a payments and data company serving small businesses, financial institutions and large consumer brands. Its business spans Merchant Services, B2B Payments, Data Solutions and Print, including electronic card authorization and processing, treasury management, integrated accounts payable disbursements, data and analytics services, financial institution reporting, business incorporation services, checks, business essentials and branded print solutions.
Company news commonly covers quarterly results, merchant-services and payment-platform partnerships, product and technology modernization, and board governance. Updates also describe how Deluxe extends payment capabilities through financial institution and software relationships, while recurring financial releases discuss operating results, cash flow, debt and segment performance.
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.
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.
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.
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.