Global Pmts Inc Stock Price, News & Analysis

SimpleNexus has announced the launch of Nexus Pay at the Mortgage Bankers Association Annual Convention in San Diego, scheduled for October 17-20. This new feature allows mortgage loan applicants to make payments for various charges seamlessly through the SimpleNexus app, which also provides updates on loan status and other functionalities. Powered by Global Payments (NYSE: GPN), Nexus Pay enhances transaction efficiency by allowing users to pay via credit card or ACH without needing human assistance. The demo of Nexus Pay will occur on October 19.

Global Payments Inc. (NYSE: GPN) has announced its partnership with Mercedes-Benz Stadium, becoming the official commerce technology provider. The collaboration aims to enhance fan experiences by integrating advanced digital solutions across the stadium's commerce ecosystem.

This partnership will enable efficient transaction processes and improve operational management through automation. Global Payments will also support community outreach initiatives in Westside Atlanta, with branding displayed throughout the stadium starting in 2021.

Global Payments Inc. (NYSE: GPN) and Virgin Money announced a new partnership to enhance digital payment solutions for customers. The agreement focuses on creating a connected payment offering that improves customer experiences for Virgin Money's consumers and merchants. This collaboration aims to consolidate various payment services onto a single platform.

Global Payments will serve as the exclusive merchant service provider for Virgin Money, providing advanced acquiring technologies and expanding their existing relationship.

Global Payments Inc. (NYSE: GPN) announced the acquisition of MineralTree for $500 million in cash, aimed at enhancing its B2B payments solutions. This acquisition will expand Global Payments' capabilities in accounts payable automation, allowing digitization of payment processes for thousands of customers. The deal is expected to close in Q4 2021, contingent on regulatory approvals. CEO Jeff Sloan emphasized the strategic alignment with their software offerings and recognized the growth potential in the B2B sector.

Global Payments Inc. (NYSE: GPN) will present virtually at the Deutsche Bank Technology Conference on Thursday, September 9, 2021, at 9:50 a.m. EDT. The presentation will feature Cameron Bready, President and COO, and Paul Todd, CFO. Interested parties can access a live webcast through the investor relations section of the company's website. A replay will also be available post-event. Global Payments is a leading provider of payment technology and software solutions, operating in over 100 countries with nearly 24,000 employees worldwide.

Global Payments announced Q2 2021 results, reporting $2.14 billion in GAAP revenues, up from $1.67 billion year-over-year. Diluted EPS increased to $0.89 from $0.12, with an operating margin of 17.0%. Adjusted net revenues rose 28% to $1.94 billion, while adjusted EPS surged 56% to $2.04. The company is raising 2021 adjusted net revenue expectations to $7.70-$7.73 billion, reflecting 14%-15% growth. Global Payments also announced partnerships, including acquiring Bankia’s payments businesses and collaborating with Amazon Web Services. A quarterly dividend of $0.25 per share will be paid on September 24, 2021.

Global Payments Inc. (NYSE: GPN) announced PwC as a charter member of its TSYS Partner Program, enhancing partnerships with top global companies. This initiative aims to unlock business opportunities by offering comprehensive software and services to various sectors including finance and retail. Global Payments’ cloud technologies enable rapid deployment of innovative solutions, including fraud tools and analytics. The collaboration is expected to bolster Global Payments' market position, ultimately helping clients modernize and compete in a fast-evolving digital landscape.

Global Payments Inc. (GPN), a leader in payment technology, will announce its second quarter 2021 financial results before market opening on August 2, 2021. The management will conduct a live audio webcast at 8:00 a.m. EDT on the same day to discuss these results. Interested parties can access the webcast via the company's investor relations page. A replay will be available afterwards. Global Payments is headquartered in Georgia, employs nearly 24,000, and operates in over 100 countries, making it a Fortune 500 and S&P 500 member.

Global Payments (NYSE: GPN) announced that Cameron Bready, President and COO, will present at the Bank of America Global Technology Conference on June 9, 2021, at 5:30 p.m. EDT. The presentation will be available via a live webcast from the investor relations section of their website, which can be accessed at www.globalpayments.com. A replay will be accessible post-event. Global Payments is recognized for its innovative payment technology solutions and operates in over 100 countries with nearly 24,000 employees.