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-0.000750187546886706 0.00300075018754696 0.000375093773443419 0.00225056264066025 0.0063765941485372 0.0251312828207052 0.0277569392348088 0.0225056264066017
Stock impact report

Deluxe Isn’t Just Paper Checks Any Longer [Forbes]

Deluxe Corporation (DLX) 
Last deluxe corporation earnings: 10/24 04:00 pm Check Earnings Report
Company Research Source: Forbes
Although the death of paper checks has long been predicted, and has largely occurred in Europe, paper is still strong in the United States. So it’s no surprise that Deluxe Corporation continues to prosper — it ships 150,000 packages of checks a day, said CEO Barry McCarthy.But those paper checks account for less than 38% of revenue at the 105-year old company, he added. Over the last decade Deluxe has diversified to payments, cloud services and promotional products — businesses each producing hundreds of millions in revenue. Rather than discuss the printed check business, McCarthy prefers to talk about how Deluxe supports small businesses, from their very beginnings — getting registered and obtaining any necessary licenses, to payments from payroll to treasury management and lockbox operations.Barry McCarthy, CEO Deluxe Corp.Courtesy Deluxe Corp.Before McCarthy moved from First Data to Deluxe, the company acquired Wausau Financial, which most lockboxes use, he said. In the fourth quar Show less Read more
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