
Strategic partnership expands merchant services capabilities for one of the Northwest&#39;s leading banks.


Deluxe (NYSE:DLX), a trusted Payments and Data company, today announced a new partnership with Washington Trust

<p xmlns="http://www.w3.org/1999/xhtml" class="bwalignc">
Strategic partnership expands merchant services capabilities for one of the Northwest's leading banks.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Deluxe (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/DLX">DLX</a>), a trusted Payments and Data company, today announced a new partnership with Washington Trust Bank, the largest independently held full-service commercial bank in the Northwest, with more than $10 billion in assets and headquartered in Spokane, Washington.

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Through this partnership, Washington Trust Bank has selected Deluxe to support its merchant services program, providing a scalable payments platform, operational expertise, and a high-touch service model designed to meet the evolving needs of the bank and its merchant clients.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"This partnership reflects the strength of our financial institution business and our focus on helping banks deliver reliable, modern merchant services," said Brian Mahony, President of Deluxe Merchant Services. "Washington Trust is deeply committed to serving its merchants, and we are proud to partner with them to support their growth."

</p><p xmlns="http://www.w3.org/1999/xhtml">
Washington Trust Bank selected Deluxe based on its deep financial institution expertise, strong operational capabilities, and collaborative approach to partnership.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"We were seeking a partner that could align with our long-term vision for merchant services and provide a strong foundation for future growth," said Shane Patnoi, Director of Mortgage and Consumer Lending at Washington Trust. "Deluxe demonstrated the scale, experience, and commitment we value in a strategic partner."

</p><p xmlns="http://www.w3.org/1999/xhtml">
The addition of Washington Trust Bank further strengthens Deluxe Merchant Services' presence in the financial institution market, reinforcing its position as a trusted partner to banks seeking to modernize and expand their merchant services offerings.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Deluxe</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Deluxe, a Trusted Payments and Data Company, champions business so communities thrive. Our solutions help businesses pay, get paid, and grow. For more than 100 years, Deluxe customers have relied on our solutions and platforms at all stages of their lifecycle, from start-up to maturity. Our powerful scale supports millions of small businesses, thousands of vital financial institutions and hundreds of the world's largest consumer brands, while processing more than $2 trillion in annual payment volume. Our reach, scale and distribution channels position Deluxe to be our customers' most trusted business partner. To learn how we can help your business, visit us at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.deluxe.com&amp;esheet=54485973&amp;newsitemid=20260408281581&amp;lan=en-US&amp;anchor=www.deluxe.com&amp;index=1&amp;md5=d22d62c8db2cbe6eecba48f6315d7ba1" shape="rect">www.deluxe.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260408281581r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260408281581/en/" rel="nofollow">https://www.businesswire.com/news/home/20260408281581/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Brian Anderson, VP, Strategy &amp; Investor Relations
<br xmlns="http://www.w3.org/1999/xhtml"></br>651-447-4197
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:brian.anderson@deluxe.com" shape="rect">brian.anderson@deluxe.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Keith Negrin, VP, Communications
<br xmlns="http://www.w3.org/1999/xhtml"></br>612-669-1459
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:keith.negrin@deluxe.com" shape="rect">keith.negrin@deluxe.com</a>

</p>

Deluxe Merchant Services Announces New Financial Institution Partnership with Washington Trust Bank

Deluxe Secures Strategic Partnership with Washington Trust Bank to Enhance Services

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Strategic partnership expands merchant services capabilities for one of the Northwest&amp;#39;s leading banks.


Deluxe (NYSE:DLX), a trusted Payments and Data company, today announced a new partnership with Washington Trust</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Deluxe has entered a partnership with Washington Trust Bank to enhance its merchant services program. This strategic alliance is likely to bolster Deluxe&#039;s market position in the financial sector and drive future growth opportunities.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Deluxe partners with Washington Trust Bank to enhance merchant services.</li><li>Washington Trust Bank has over $10 billion in assets.</li><li>Deluxe provides scalable payments and operational expertise.</li><li>This partnership strengthens Deluxe&#039;s position in the financial institution market.</li><li>Deluxe is focusing on modernizing banks&#039; merchant services offerings.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Washington Trust Bank (N/A)</strong>: The largest independently held commercial bank in the Northwest.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This falls under &#039;Corporate Developments&#039; as it highlights a strategic partnership, which could significantly impact DLX&#039;s operational growth and market position.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>New partnership could lead to increased revenue for DLX.</li><li>Strengthened relationships with banks may improve market share.</li><li>Increased demand for modern merchant services boosts DLX&#039;s competitive edge.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Washington Trust Bank has over $10 billion in assets.</li><li>Partnership focuses on scalable payments and service modernization.</li><li>Deluxe has over 100 years of market experience.</li><li>Deluxe processes more than $2 trillion annually in payment volume.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Invest in DLX for medium-term growth due to expanded service capabilities.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml" class="bwalignc">
Strategic partnership expands merchant services capabilities for one of the Northwest's leading banks.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Deluxe (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/DLX">DLX</a>), a trusted Payments and Data company, today announced a new partnership with Washington Trust Bank, the largest independently held full-service commercial bank in the Northwest, with more than $10 billion in assets and headquartered in Spokane, Washington.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Through this partnership, Washington Trust Bank has selected Deluxe to support its merchant services program, providing a scalable payments platform, operational expertise, and a high-touch service model designed to meet the evolving needs of the bank and its merchant clients.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"This partnership reflects the strength of our financial institution business and our focus on helping banks deliver reliable, modern merchant services," said Brian Mahony, President of Deluxe Merchant Services. "Washington Trust is deeply committed to serving its merchants, and we are proud to partner with them to support their growth."

</p><p xmlns="http://www.w3.org/1999/xhtml">
Washington Trust Bank selected Deluxe based on its deep financial institution expertise, strong operational capabilities, and collaborative approach to partnership.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"We were seeking a partner that could align with our long-term vision for merchant services and provide a strong foundation for future growth," said Shane Patnoi, Director of Mortgage and Consumer Lending at Washington Trust. "Deluxe demonstrated the scale, experience, and commitment we value in a strategic partner."

</p><p xmlns="http://www.w3.org/1999/xhtml">
The addition of Washington Trust Bank further strengthens Deluxe Merchant Services' presence in the financial institution market, reinforcing its position as a trusted partner to banks seeking to modernize and expand their merchant services offerings.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Deluxe</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Deluxe, a Trusted Payments and Data Company, champions business so communities thrive. Our solutions help businesses pay, get paid, and grow. For more than 100 years, Deluxe customers have relied on our solutions and platforms at all stages of their lifecycle, from start-up to maturity. Our powerful scale supports millions of small businesses, thousands of vital financial institutions and hundreds of the world's largest consumer brands, while processing more than $2 trillion in annual payment volume. Our reach, scale and distribution channels position Deluxe to be our customers' most trusted business partner. To learn how we can help your business, visit us at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.deluxe.com&amp;esheet=54485973&amp;newsitemid=20260408281581&amp;lan=en-US&amp;anchor=www.deluxe.com&amp;index=1&amp;md5=d22d62c8db2cbe6eecba48f6315d7ba1" shape="rect">www.deluxe.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260408281581r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260408281581/en/" rel="nofollow">https://www.businesswire.com/news/home/20260408281581/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Brian Anderson, VP, Strategy &amp; Investor Relations
<br xmlns="http://www.w3.org/1999/xhtml"></br>651-447-4197
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:brian.anderson@deluxe.com" shape="rect">brian.anderson@deluxe.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Keith Negrin, VP, Communications
<br xmlns="http://www.w3.org/1999/xhtml"></br>612-669-1459
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:keith.negrin@deluxe.com" shape="rect">keith.negrin@deluxe.com</a>

</p>

Deluxe has entered a partnership with Washington Trust Bank to enhance its merchant services program. This strategic alliance is likely to bolster Deluxe's market position in the financial sector and drive future growth opportunities.

Deluxe Merchant Services Announces New Financial Institution Partnership with Washington Trust Bank

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News