Barry C. McCarthy, Chairman and CEO of Deluxe, will be the 2024 inductee into the Technology Association of Georgia (TAG) Fintech Hall of Fame. McCarthy, who joined Deluxe in 2018, transformed the company from a traditional check printer to a leader in digital payments and data solutions. Under his leadership, Deluxe processes nearly $3 trillion in annual payment volume and has achieved four consecutive years of organic revenue growth. McCarthy also orchestrated the largest acquisition in Deluxe’s history with the 2021 purchase of First American Payments System.

McCarthy’s contributions to the fintech industry are notable, including previous roles at First Data, Verisign, and Wells Fargo. He has been integral to innovations such as the launch of ApplePay and the creation of cloud-based ATMs. The induction will take place during Fintech South on August 27-28, 2024.

Positive

• Barry C. McCarthy’s induction into the TAG Fintech Hall of Fame highlights his transformational leadership.




• Deluxe has delivered four consecutive years of organic revenue growth under McCarthy’s leadership.




• The acquisition of First American Payments System was the largest in Deluxe’s ​​history.




• Deluxe processes approximately $3 trillion in payments volume annually.

07/01/2024 – 08:00 AM

Recognized for transformational leadership and innovation, McCarthy’s induction highlights Deluxe’s ​​evolution into a leader in digital payments and data solutions.

MINNEAPOLIS–(BUSINESS WIRE)– Deluxe (NYSE: DLX), a modern payments and data company, today announced that Chairman and CEO Barry C. McCarthy will be the 2024 inductee into the Technology Association of Georgia (TAG) Fintech Hall of Fame. Since joining Deluxe in late 2018, McCarthy has helped transform the organization from a traditional check printer to a leader in digital payments and data solutions. Deluxe currently processes nearly $3 trillion in payment volume annually, supporting millions of small businesses, thousands of leading financial institutions and hundreds of the world’s leading consumer brands.

“The Georgia Fintech Hall of Fame is a who’s who of industry giants, and I’m grateful to TAG and our fintech community for this recognition,” said McCarthy. “I’m incredibly proud of our industry and especially what we’re building at Deluxe. I look forward to the bright future of fintech as we continue to do this important work together. I’m truly honored and humbled.”

Under McCarthy’s leadership, Deluxe is now in its fourth consecutive year of organic revenue growth, a feat the company hasn’t achieved in decades, with profits growing faster than revenue. He masterminded the largest acquisition in the company’s history with the 2021 acquisition of First American Payments System, now Deluxe Merchant Services. While still providing the industry’s leading checking product, Deluxe’s B2B payments, merchant services and data analytics solutions now generate more revenue than these legacy print businesses for the 109-year-old company.

Previously, McCarthy was part of the leadership team at First Data (now Fiserv) for 14 years, where he led the partnership with Apple that supported the launch of ApplePay. At Verisign, he built the company that led to its acquisition by PayPal. He also co-founded, built, and sold a Silicon Valley micropayments company, MagnaCash. Finally, while at Wells Fargo, he created the first cloud-based ATMs and modern UI and UX that are still in use today. His fingerprints are all over the modern fintech landscape.

“On behalf of TAG and our 30,000 members, I want to congratulate Barry on being honored as this year’s Fintech Hall of Fame Award recipient,” said Larry K. Williams, Chairman and CEO of TAG. “Barry is an extraordinary business leader and transformative force who has made significant contributions to disrupting the fintech and payments industries. His innovative spirit exemplifies the thriving fintech community, inspiring future leaders across multiple technology categories.”

McCarthy is an influential leader in the fintech community, whose contributions include serving as the Chairman of TAG and a founding member of the Fintech Society. He was also the founding Chairman of Fintech Atlanta, a founding member and supporter of the Georgia Fintech Academy, and currently serves as the Board Chair of the American Transaction Processors Coalition, representing Deluxe and advocating for the payment processing industry in America. He also serves as a Trustee or Director of several local and national nonprofits.

TAG Fintech Society serves the technology community by helping to support, grow and ignite Georgia’s technology leaders, businesses and the overall economy. McCarthy will be inducted into the hall of fame on August 27-28 during Fintech South, the Southeast’s largest financial innovation event.

About Deluxe

Deluxe, a modern payments and data company, empowers businesses so communities can thrive. As the original payments company with roots stretching back more than 100 years, we have evolved into a leader in digital payments and data solutions, facilitating seamless connections to drive businesses forward. Leveraging our powerful scale, we support millions of small businesses, thousands of leading financial institutions, and hundreds of the world’s leading consumer brands, processing nearly $3 trillion in payments volume annually. Learn how Deluxe can grow your business at www.deluxe.com.

View original version on businesswire.com: https://www.businesswire.com/news/home/20240701354606/en/

Brian Anderson, Vice President, Strategy and Investor Relations

Phone Number: 651-447-4197

brian.anderson@deluxe.com

Keith Negrin, Vice President, Communications

Phone Number: 612-669-1459

keith.negrin@deluxe.com

Source: Deluxe Corporation

FAQ

Who will be inducted into the TAG Fintech Hall of Fame in 2024?

Barry C. McCarthy, Chairman and CEO of Deluxe, will be the 2024 inductee into the TAG Fintech Hall of Fame.

What significant transformation did Barry C. McCarthy bring to Deluxe?

Barry C. McCarthy transformed Deluxe from a simple check printer to a leader in digital payments and data solutions.

How much payment volume does Deluxe process annually?

Deluxe processes approximately $3 trillion in payments volume annually.

When will Barry C. McCarthy be inducted into the TAG Fintech Hall of Fame?

Barry C. McCarthy will be inducted into the TAG Fintech Hall of Fame during Fintech South, August 27-28, 2024.

What was the biggest acquisition in Deluxe’s ​​history?

The largest acquisition in Deluxe’s ​​history was the purchase of First American Payments System in 2021.

What roles has Barry C. McCarthy previously held in the fintech industry?

Barry C. McCarthy has held positions at First Data, Verisign, and Wells Fargo, contributing to innovations such as the launch of ApplePay and cloud-based ATMs.

Source