This 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
Website: deluxe.com | verifyvalid.com
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 Finovate.com in mid-September.
anthonyuchung 