Deluxe Acquires Fiserv’s Remittance Solutions Assets

Deluxe Acquires Fiserv’s Remittance Solutions Assets

Business technology company Deluxe announced today it will acquire Remittance Solutions assets from Fiserv. Terms of the agreement were not disclosed.

The Minnesota-based company will use the new tools, which include lockbox processing, to enhance its Treasury Management portfolio.

As part of the agreement, Deluxe will take over Fiserv’s lockbox businesses in five locations and Fiserv will become a reseller of Deluxe lockbox processing.

Deluxe has been busy in the payments arena this year. The company hasa signed more than 25 new payments deals so far this year. “This deal allows Deluxe to extend its expertise and reach with the addition of a reseller arrangement through the banking sales channel of Fiserv,” said Barry McCarthy, Deluxe President and CEO.

“Deluxe is a provider of choice in the remittance processing industry, with impressive scale, geographic reach and resources,” said Todd Horvath, President of Bank Solutions at Fiserv. “Together, we will drive enhanced value for current and future clients and create more opportunities for our people.”

Founded in 1915, Deluxe has a two-tiered approach serving small businesses and financial institutions. The company offers its 4.8 million small business customers products such as incorporation services, logo design, website development and hosting, email marketing, social media, search engine optimization and payroll services, and customized checks and forms. On the bank side, Deluxe serves its 4,600 financial institution clients with data analytics, customer acquisition and treasury management solutions, fraud prevention and profitability tools, and checks.

Finovate Alumni News


  • Deluxe Acquires Fiserv’s Remittance Solutions Assets

Around the web

  • Bobsguide interviews Currencycloud CTO Ed Addario.
  • Coindesk features how Tradeshift leverages Ethereum to lower cross-border transaction costs.
  • PayPal’s GoPay acquisition is complete

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News


  • Sentifi Secures Top Honors at Swisscom Startup Challenge 2018.
  • Shoeboxed Acquired by Earth Class Mail.

Around the web

  • Revolut introduces metal card with crypto cash back.
  • Wisconsin-based Unity Bank will leverage technology from Finastra to streamline commercial and consumer lending processes.
  • Fiserv announces addition of step-up authentication and identity verification to fight call center fraud.
  • Insuritas announces partnership with Androscoggin Bank to launch digitally-powered insurance agency.
  • Baker Hill expands client base, moves to new office.
  • Crypterium to let Australian citizens pay bills and make bank transfers with crypto. Come check out Crypterium at FinovateFall next month.
  • InComm Celebrates 10 Years in the Asia-Pacific Region.
  • National Association of Credit Union Services Organizations accepts Kony as a Gold Partner.
  • Payroll in Xero launches encryption for UK payslip PDFs.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

FinDEVr APIntelligence


Building a new financial technology? Check out our coverage from our developer conference in San Francisco this fall, and mark your calendars for our spring developer event in New York, March 29 and 30, FinDEVr 2016.

Developer news:

  • BankNXT interviews Stefan Weiss, head of APIs at Fidor Bank, on the APIs, regulation, and expansion.
  • American Banker quotes Simon Redfern, founder of the Open Bank Project, in a look at the drive for open bank APIs in the United Kingdom.

The latest from FinDEVr San Francisco 2015 presenters:

  • Kashoo launches period-locking feature to lock data within prescribed timeframes.
  • CenturyLink and Cogent enter into interconnection agreement.
  • Deluxe Corporation celebrates its 100th birthday by ringing the opening bell at the NYSE.
  • Entrust Datacard’s Kurt Ishaug named 2015 CFO of the Year by Minneapolis-St. Paul Business Journal.
  • The TRADE names Markit to its Hall of Fame.
  • Personal Capital lowers investment minimum from $100,000 to $25,000.

Alumni updates:

  • PRUDENA launches online marketplace for stock market research.
  • StockTwits offers brokerage functionality powered by Robinhood.
  • CardFlight announces EMV approval and certifications via TSYS for mPOS solution.

Stay current on daily news from the fintech developer community! Follow FinDEVr on Twitter today!

Finovate Alumni News


  • “Finovate debuts: RedCloud Technology Helps Financial Institutions Build Regulatory Compliant Products”
  • “PRUDENA Launches Online Marketplace for Stock Market Research”

Around the web

  • PYMNTS looks at Akimbo’s next venture, Akimbo Now.
  • Dealstruck crosses the $100m mark.
  • Deluxe Corporation celebrates its 100th birthday by ringing the opening bell at the New York Stock Exchange.
  • PYMNTS interviews Michael Garrity, co-founder and CEO of Financeit.
  • Inside Big Data interviews Dr. Venkat Krinivasan, CEO of RAGE Frameworks.
  • The Financial Brand’s Ron Shevlin takes a look at the future of Venmo.
  • InvestinGoal provides a free eToro base course to help introduce new investors to social trading.
  • Strands brings its PFM solution to Temenos Connect and Mobile Internet Banking.
  • Geezeo builds custom financial event app: Life by Geezeo.

This post will be updated throughout the day as news and developments emerge. You can also follow alumni news headlines on the Finovate Twitter account.

FinDEVr Live: Deluxe Shows How to Leverage its eChecks in Your App

FinDEVr Live: Deluxe Shows How to Leverage its eChecks in Your App

DeluxeHomepage | | @deluxecorp

DeluxeLogoDeluxe Corporation is a changing, evolving, growing company. Strategic acquisitions have created a unique suite of services helping businesses and financial institutions to attract and retain customers, including marketing services and payment solutions. Creativity, innovation and entrepreneurial spirit—combined with the resources and strength of a well-established company—creates a culture expected at a startup rather than a Fortune 1000 company. Our customer base includes nearly 4.6 million businesses, approximately 5,600 financial institutions, and 6 million individual customers. The eCheck is cutting-edge technology combining the best of check writing with the convenience of email, giving businesses a fast, easy payment solution.

eChecks—electronically delivered checks
Financial institutions process 20 billion paper checks worth $30 trillion every year in the U.S. alone. Deluxe eChecks combines the best of check writing with the convenience and speed of email delivery. We’ll explain exactly how eChecks technology works, including the ability to integrate remittance data as well as securely send thousands of payments at one time, and how you can easily leverage them in your application to send/receive payments without paying transaction fees.

Key takeaways:

  • How the oldest form of non-cash payment, the check, has been modernized
  • How to easily leverage eChecks into your application to send/receive hundreds to
    thousands of dollars in payments at once
  • Why and how to use eChecks in your application


Dean Tribble, VP ePayment Product Engineering and Development
Tribble has been innovating in technology for 30+ years, including asynchronous Promises before the internet, hypertext technologies that led to the URL before the web, and information marketplaces before eBay. He was CTO and founder of Agorics Inc. His teams architected the first Java-based client-server brokerage-information system for Schwab, the first electronic check service for the FSTC, and an enterprise-wide application and infrastructure security system for Sun Microsystems. Tribble invented secure email technology for business that was acquired by Microsoft, where he then led development of security and compliance features for Microsoft Exchange. As a principal architect, he participated in security and operating system incubation work that led, for example, to new asynchronous features, such as “awaits” in C#. Tribble co-invented the eCheck service as a founder and CTO of VerifyValid and continues to lead that development as the VP of ePayment product engineering and development at Deluxe.

FinDEVr Preview: Deluxe

FinDEVr Preview: Deluxe

FinDEVr2015LogoV2DateFinDEVr Previews highlight companies that will present their latest developer tools, platforms, and integrations at FinDEVr 2015 San Francisco on 6/7 October. Pick up your ticket before Friday, 11 September, and save $100 on an early bird ticket!

Deluxe eChecks modernized the oldest form of non-cash payment instrument, the paper check. Deluxe will show you exactly what they are and how you can easily leverage eChecks in your application to send and/or receive hundreds or thousands of dollars in payments at a time without paying transaction fees.


Why it’s a must-see

Financial institutions process 20 billion paper checks worth $30 trillion every year in the U.S. alone. Deluxe will show you how its eChecks combine the paper check’s most powerful payment and security features into cutting-edge technology that’s delivered electronically. It will show you the why and how to use eChecks in your app.

Check out more of today’s FinDEVr previews:

Finovate Alumni News


  • “Trunomi Raises $3 Million to Solve KYC Challenges”
  • Finovate Debuts: “Hip Pocket Generates Qualified Mortgage Leads While Boosting Engagement”

Around the web

  • Financial Times quotes Giles Andrews, Zopa executive chairman, in discussion on P2P providers and fee transparency.
  • Let’s Talk Payments talks with Stephane Dubois, CEO and founder of Xignite, on the importance of APIs in fintech. See Xignite at FinDEVr 2015 in San Francisco in October.
  • iSignthis to provide KYC services to Crownbet Pty starting in 2016.
  • TickSmith’s TickVault earns certification on Cloudera Enterprise.
  • KPMG and Matchi form alliance to enhance access to financial service innovation.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Alumni News– October 14, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgFinovate Debuts: Malauzai Software.
  • Cross County Savings Bank to deploy DNA account processing platform from Fiserv.
  • Apps from MasterCard and Deluxe earn spots in PaymentsSource’s “8 Wallet Apps That Go Beyond Payments.”
  • Arxan and Xamarin extend Mobile Application Protection to developers.
  • Coinbase hires former Sr. adviser to Homeland Security & Gov’tl Affairs Committee, John Collins, to head gov’t affairs.
  • interviews’s Ron Suber regarding CFGE, Peer-to-Peer Lending and Working with Big Banks.
  • RBS partners with Taulia to offer dynamic discounting with e-Invoicing to corporate customers.
  • Backbase named a visionary in the Gartner’s Magic Quadrant for Horizontal Portals 2014.
  • Holvi accounts now use International Bank Account Numbers (IBANs).
  • Forte Payment Systems announces new partnership with The Master’s Touch, LLC to power eNoticesOnline bill presentment service.
  • Visa Europe partners with edo to make its performance marketing platform available to 500 million European bankcards.
  • Xignite teams up with FactSet to provide fundamental market data from the cloud.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News– October 11, 2013

  • Thumbnail image for Finovate-F-Logo.jpgTechnology Banker takes a look at Arroweye Solution’s EMV On-Demand solution.
  • CurrencyFair shows off its new mobile phone look. Read more about CurrencyFair in yesterday’s FinovateAsia feature.
  • Arxan Technologies announces new tamper-proof jailbreak detection security & environmental sensing technology.
  • Spindle uses ValidSoft to authenticate mobile payments by voice.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Deluxe and VerifyValid Team Up to Provide Secure Electronic Checking

newlogoDeluxeVerifyValid.jpgThis post is part of our live coverage of FinovateFall 2013.

Next up is a joint presentation from Deluxe Corporation and VerifyValid. The two are teaming up to bring electronic check payments to small businesses and consumers.
“VerifyValid lets customers make/receive check payments entirely online, utilizing virtual lockbox and remote deposit capture systems, or by printing checks on plain paper.
The partnership between Deluxe and VerifyValid will soon introduce secure electronic check payments to the 4M small business and 5,700 bank customers currently served by Deluxe. 
Using an unprecedented secure platform and patented fraud prevention, VerifyValid can lower an organization’s costs while increasing efficiency, sustainability, and financial security with every payment.”
Product Launch: July 2013
Product distribution strategy: In presenting VerifyValid to its customer base, Deluxe will employ a multi-channel strategy, including printed and electronic marketing, a direct sales force, FI, and telecommunications client referrals, purchased search results from online search engines, and independent distributors and dealers to promote and sell a wide range of customized products and services.”
HQ: Deluxe Corp – Shoreview, Minnesota; VerifyValid – Grand Rapids, Michigan
Founded: Deluxe Corp – 1915; VerifyValid – 2010
Twitter: @deluxecorp | @verifyvalid
Presenting Paul Doyle (CEO & Founder, VerifyValid) and Malcolm McRoberts (SVP Small Business Services, Deluxe)
The full demo video will be available at in mid-September.

FinovateFall 2012 in the Press

Here’s a look at the press coverage from FinovateFall 2012 held September 12 and 13 in New York:

ABA Banking Journal
Bank Technologists Meet American Idol
by John Ginovsky

Stock Picking Goes Social as Stockr, aSpark Debut
by Joyce Hanson
American Banker
Apple Effect Evident at Innovator Gathering
by Mary Wisniewski
Dynamics Adds Another Option for Its High-Tech Cards
by Daniel Wolfe
Payfone Aims to Make Mobile Payments Pain-Free
by John Adams
PreCash to Debut Mobile Wallet for the Underbanked
by Daniel Wolfe
Reporter’s Notebook: Day 1 FinovateFall Favorites
by Mary Wisniewski

The Top 10 Tweets of Finovate

Andera blog
Finovate Takeaway: User Experience in Retail Transactions
by Andrea Hunter

Bank Innovation
Finovate Fall 2012: Demo Performance Scores and Reviews
by JJ Hornblass

Wade Arnold, CEO of Banno, Presents Grip
by Phillip Ryan

Bank Systems & Technology
5 Hot Bank Technologies From FinovateFall 2012
by Bryan Yurcan
Banno Releases Updated Grip Product
by Bryan Yurcan
MasterCard Forms New Rewards Program Partnership with Linkables Networks
by Jonathan Camhi
Mobile Commerce Company Payfone Debuts Checkout Solution
by Bryan Yurcan

Business Insider
Financial Planning Startup LearnVest Already Has Millionaire Clients
by Alyson Shontell

The Business Review 
To save or buy is ImpulseSave’s question

FinovateFall 2012 Recap
by Jacob Jegher

Consumer Reports 
Finovate Fall 2012: A solution to the mortgage crisis?
by Tobie Stanger
Finovate Fall 2012: Help with students’ loans and seniors’ bills
by Tobie Stanger

Finovate Fall 2012: Making, managing and keeping money
by Tobie Stanger

Finovate Fall 2012: Now maybe you’ll switch banks
by Tobie Stanger

Contactless News
Dynamics unveils Triple Interface, battery-powered payment card

Credit Sesame Blog
Check Out the Newest Way to Measure Your Credit and Loan Health!
by Erin Renzas
Finovate Dispenses Inspiring Ideas (Part 1)
by Aaron Pugh

Finovate Dispenses Inspiring Ideas (Part 2)
by Aaron Pugh
The Currency Cloud blog
Finovate NY – Video & Photo Diary
by Nasir Zubairi 

CU Soapbox
GUEST POST: Innovation Unveiled In The Big Apple
Alix Patterson

Daily Finance
A Digital Wallet for the Unbanked: Mobile Finance Goes Downmarket
by Ross Kenneth Urken

The Digital Mailer Blog
FinovateFall 2012: A Recap

Discerning Technologist
Best of Show Locked Up? @MoneyDesktop Demo At #Finovate
by Bradley Leimer
Dough Roller blog
The Best Way to Track Your Investments Online (and it’s Free!)
by Rob Berger

Dwolla Blog

Dwolla at FinovateFall
by Caitlin
Financial Planning 
LearnVest Becomes an RIA, Plans to Hire Advisors
by Elizabeth Wine
EToro launches social trading index
PreCash introduces mobile wallet for underbanked
Fintech Marketing blog
William Mills III, CEO William Mills Agency Live Blog from Finovate Fall NYC 2012-DAY ONE
by William Mills III
William Mills III, CEO William Mills Agency Live Blog from Finovate Fall NYC 2012-DAY TWO
by William Mills III
by Walt Cox
Forbes blog
4 Great New Tools to Manage Your Money
by Richard Eisenberg
Gonzobanker Can Make FinTech Amusing
by Tom Groenfeldt
LearnVest Reinvests In Its Mission: Financial Planning For The 99%
by Meghan Casserly
If You Want to Really Raise Capital, Try This Company and Not KickStarter
by Mark Fidelman
The Problem with Finovate
by Helaine Olen
Forget Mint, LearnVest’s new platform takes aim at financial planning industry
by Ki Mae Heussner
Locaid bolsters location service with IP address data
by Ryan Kim
Gonzo Banker
Vendor Dirt: 2012 Finovate Fall
by Scott Hodgins
Huffington Post Money Blog
Online Financial Planning: The Chilling Thing I Found Out About My 70th Birthday
by Catherine New
JP Nicols Blog
Finovate Fall 2012 Best of Show Winners
by JP Nicols
Keeping Nickels
My Tweets from #Finovate
by Nichelle Stephens
Moment NYC blog
Finovate Fall 2012: Less tech, more desire.
by Alexa Curtis
Dashlane: Finally Something that Might Actually Make Online Shopping Easier
Dynamics Introduces Card Capable of Swipe, EMV, Contactless Payments
Finovate Wrap-Up: What Can FinTech Do for You? Really?
by Willy Staley
Ideon Choice Unveils Platform for Customer-Created Savings Products
ImpulseSave: Another App to Help You Save
LearnVest Gets SEC Certified, Announces Mobile App, Upgrades
by Willy Staley
Linkable Networks, MasterCard Expand Card-Linked Offers
by Simon Zhen
Locaid: Enter the Digital Panopticon!
MoneyDesktop Connects PFMs Across Multiple Devices
mShift’s AnyWhereMobile Wallet Actually Adds Value
by Willy Staley
New Technologies Are Coming for Unbanked, Underbanked
by Simon Zhen
PayTap Debuts Shared Bill Payment Portal
PreCash Announces FlipMoney at Finovate: Mobile Money for the Underbanked
by Willy Staley
SwitchAgent: Bank-Switching Made Easy
by Simon Zhen — It’s a Pun, Get It?
The New York Times Blog
LearnVest Dips Its Toes Into Investment Advice
by Ann Carrns
Next Avenue
4 Great New Tools to Manage Your Money
by Richard Eisenberg
FINOVATE: Mobile and Social FinTech Innovations Dominate
by Lauren Keyson

The Consumerization of Life’s Ickiest Chores Continues: LearnVest Injects Its Financial Planning Tools With Steroids
by Erin Griffith
Payfone launches a mobile commerce checkout solution
MasterCard Keeps Investing in Rewards, This Time With Linkable Networks
FinovateFall 2012 – Best of Show Winners
Payfone To Launch Mobile Commerce Checkout Solution
PayTap Launches Social Bill Pay Service
PreCash Introduces FlipMoney Mobile Wallet for Underbanked Consumers
The Paypers
Banno adds new features to Grip financial aggregation app
Payfone makes 1 Touch Checkout available, partners CardinalCommerce
PC World
New web apps tackle business finance problems
by Yardena Arar
Banno Unveils New Features for Grip, Strengthens the Mobile Banking Standard with Pre-Transaction Insights
Silicon Prairie News
Banno unveils upgraded interface, new analysis tools for Grip
by Michael Stacy
Snarketing 2.0
by Ron Shevlin

Advice For Finovate Presenters
by Ron Shevlin
Credit Sesame Adds Social Comparison Tools, Lets You See How Your Debt Compares With People Like You
by Sarah Perez
Dashlane’s Password Management Service Now Alerts Users When Their Accounts May Be Hacked
by Sarah Perez
It’s Not Just For Women Anymore: LearnVest Brings Financial – And Now Investment – Planning To Everyone
by Sarah Perez
Money Management Service Personal Capital Wants To Manage Your 401K
by Leena Rao
Payfone launches m-commerce checkout service
Tier One blog
Finovate: Day One in Review
by Kathy Wilson
FinovateFall Part Two! All about Savings, Security and Slick New PFM Tools
by Sue Parente
The Next Web
eToro launches Social Trading Index for learning from other traders and sharing top techniques
by Jamillah Knowles
LearnVest launches redesigned tools, new financial plans and teases its upcoming iPhone app
by Harrison Weber
Thomson Reuters 
EPAM Systems and Thomson Reuters announced a partnership to develop and host an App Store solution
Upstart Business Journal
Financial planning, iPad app among best at Finovate
by Kent Bernhard, Jr
Get a 401(k), win an iPhone5
by Kent Bernhard, Jr 
LearnVest targets masses for professional financial advice
by Teresa Novellino 
No need to wait for crowdfunding
by Kent Bernhard, Jr
Personal Capital aims to disrupt 401(k)
by Kent Bernhard, Jr
Sci-fi meets finance at Finovate
by Kent Bernhard, Jr
Financial planning for all: LearnVest gets its biggest update yet
by Devindra Hardawar

Locaid launches Internet and mobile location-tracking service
by Dean Takahashi
Be sure to check back because we’ll add more coverage as it is published throughout the week.