Deluxe: Trusted Business Technology company, acquired Fiserv lockbox processing business
- Deluxe added the Remittance Solutions assets of Fiserv also include lockbox processing
- It will assume control of the Fiserv lockbox businesses operating in five locations
- Fiserv is a current client of Deluxe Treasury Management Services, utilizing the company’s lockbox software
- It will also become a reseller of Deluxe lockbox processing
- The Fiserv lockbox business primarily services wholesale lockbox processing for B2B payments
- This deal also allows Deluxe to extend its expertise and reach with the addition of a reseller arrangement
