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Deluxe ReceivablesR360+™ Achieves ISO 20022 Compatibility

1. Deluxe's ReceivablesR360+ is now ISO 20022 enabled, enhancing payment integration. 2. Partnership with IBM aids in developing this milestone for financial clients.

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FAQ

Why Bullish?

ISO 20022 compatibility enhances Deluxe's offering, improving competitive positioning. Historical moves to adopt standard protocols have previously led to increased investor confidence.

How important is it?

The announcement indicates a strategic upgrade, likely to attract new clients and retain existing ones, significantly impacting future revenue.

Why Long Term?

The integration will take time to yield full benefits but positions DLX for ongoing growth. Long-term financial institution partnerships can enhance revenues sustainably.

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IBMVMAPYPL
MINNEAPOLIS--(BUSINESS WIRE)--Deluxe (NYSE: DLX), a trusted Payments and Data company, today announced its ReceivablesR360+™ platform is fully ISO 20022 enabled. This important milestone marks a significant advancement for Deluxe in serving its banking partners and financial institution clients by ensuring seamless integration of all payment types into the company's receivables suite. To achieve this compatibility, Deluxe partnered with IBM Consulting and the IBM Payments Center team to leverag.

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