Deluxe Adds Lockbox Processing Assets and Establishes Reseller Agreement With Fiserv to Solidify Treasury Management Market Position
Deluxe will assume control of the
“We are confident that Deluxe is the right company to guide the Remittance Solutions business through its next chapter,” said
Deluxe is an industry leader in treasury management solutions and recently won Synchrony’s remittance processing work in an agreement announced
“Our payments area has really been on a roll in 2019, signing more than 25 new deals and building on our industry position as a leader in remittance solutions,” said
“Fiserv is reinforcing our commitment to serving clients with excellence through a new reseller arrangement with Deluxe that enables us to continue to deliver the trusted remittance solutions our clients rely on today,” said
This agreement, along with the Synchrony agreement, is part of Deluxe’s strategy to focus on four key areas: Payments, Cloud Solutions, Promotional Products and Checks. In late November, Deluxe hired
“Deluxe is well positioned as a go-to company in receivables processing. This collaborative effort further solidifies our market position and opens new opportunities to reach customers that will benefit from our expertise,” Reed said.
The terms of the acquisition, which closed
Deluxe is a Trusted Business Technology™ company for enterprises, small businesses and financial institutions offering a range of solutions to help customers manage and grow their businesses. Approximately 4.8 million small business customers access a wide range of products and services from Deluxe, including incorporation services, logo design, website development and hosting, email marketing, social media, search engine optimization and payroll services, along with customized checks and forms. For our approximately 4,600 financial institution customers, Deluxe offers industry- leading programs in data analytics, customer acquisition and treasury management solutions, fraud prevention and profitability solutions, as well as checks. Deluxe is also a leading provider of checks and accessories sold directly to consumers. For more information, visit us at www.deluxe.com, www.facebook.com/deluxecorp or www.twitter.com/deluxecorp.
Vice President, Corporate Communications
Vice President of Corporate Communications