On August 6, 2025, Deluxe announced the acquisition of CheckMatch from Kinexys by J.P. Morgan. This acquisition is consistent with Deluxe's strategy to expand its digital lockbox payments capability.
CheckMatch is a service that digitizes the delivery of paper checks, enabling faster electronic conveyance. This enhances the Deluxe Payment Network (DPN) solution.
This strategic acquisition strengthens Deluxe's B2B Payments segment by accelerating its shift towards digital payment solutions. It improves efficiency in check processing and supports the company's transformation.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.