Welcome to our dedicated page for Shift4 Payments news (Ticker: FOUR), a resource for investors and traders seeking the latest updates and insights on Shift4 Payments stock.
Shift4 Payments, Inc. (symbol: FOUR) is a leader in secure payment processing solutions, powering top point-of-sale and software providers across various verticals such as food & beverage, hospitality, lodging, gaming, retail, and e-commerce. Among its known brands are Harbortouch, Restaurant Manager, Positouch, and Future POS. Additionally, Shift4 integrates with over 300 software solutions across diverse industries, ensuring seamless and secure transactions.
With a presence spanning eight offices in the United States and Europe, Shift4 Payments collaborates with 7,000 sales partners and operates three state-of-the-art data centers. The company processes over 1 billion transactions annually for nearly 200,000 businesses, translating to over $100 billion in payments each year.
Shift4 Payments offers an integrated payment processing and technology solution, providing software providers a single integration point for end-to-end payment processing. Their services include a powerful gateway, cloud enablement, business intelligence, analytics, and mobile solutions, enhancing the value of software suites and simplifying payment acceptance. The company derives the bulk of its revenue from its operations in the United States.
Recent achievements and developments in Shift4 Payments include strategic partnerships and technological advancements aimed at enhancing their service offerings. By continually expanding their integration capabilities and processing infrastructure, Shift4 Payments remains at the forefront of the payment processing industry.
The Giving Block has released its 2024 Crypto Impact 100 list, showcasing the most influential figures in cryptocurrency who are driving positive global change. The list features prominent individuals including Vitalik Buterin (Ethereum co-founder), Jack Butcher (Visualize Value creator), Jared Isaacman (Shift4 founder), and Kimbal Musk (Big Green co-founder).
The initiative is part of The Giving Block's broader 'Crypto for Good' campaign, which aims to raise $200 million in crypto donations by the end of 2024. The list recognizes individuals across categories including Crypto Visionaries, Crypto Philanthropists, Pro-Crypto Policymakers, and Community Organizers and Educators.
Shift4 (NYSE: FOUR) and Jon Taffer have announced five winners for their 2nd annual SkyTab Rescue Mission contest, supporting small businesses in need. Each winner receives a $20,000 business grant, consultation with Jon Taffer, and a complete SkyTab POS System.
The winners, selected from over 100 applicants and 5,000 social media votes, are: Comedy in Harlem (NY), Pips Pub (IN), Dragonfly Café (NE), Kitty's Cheesecakes (MI), and Rock Lake Lodge & Campground (WI). Each business faces unique challenges, from credit card debt to inflation impacts and operational inefficiencies.
Shift4 (NYSE: FOUR) has announced a multi-year partnership with the Memphis Grizzlies to power payments at FedExForum. As the team's official point-of-sale partner, Shift4 will provide payment processing solutions for food and beverage concessions throughout the arena and handle ticketing transactions. The partnership aims to streamline operations and enhance the fan experience, offering seamless transactions from online ticket purchases to game-day concession purchases. Shift4's integrated commerce solutions are currently utilized across major professional sports leagues, colleges, and entertainment venues.
Shift4 (NYSE: FOUR) has partnered with BSE Global to process payments at Barclays Center, home of the Brooklyn Nets and 2024 WNBA Champions New York Liberty. The partnership covers ticketing, food and beverage, and retail transactions throughout the Brooklyn arena. Barclays Center, consistently ranked among Billboard and Pollstar's top 10 global arenas, hosts major events including MTV Video Music Awards, NBA All-Star weekend, and NBA Drafts. Shift4's end-to-end integrated payment solutions aim to streamline transactions and enhance customer experience at the venue, which experiences high transaction volumes during events.
San Antonio Spurs announced a new partnership with Shift4 as their official integrated payment technology partner. The partnership will integrate Shift4's payment solutions at Frost Bank Center and Toyota Field events, offering enhanced ticketing and concessions purchases through kiosk ordering, AI self-checkout, and other features. The technology is already available at Frost Bank Center and will launch at Toyota Field for the 2025 San Antonio FC season. The partnership also introduces Shift4 Lofts, premium rental spaces offering all-inclusive food and beverage service, early game entry, and concert ticket presale access.
R1 RCM (NASDAQ:RCM) will be removed from the S&P MidCap 400 index, effective prior to market opening on November 20, 2024. This change comes as a result of the company's pending acquisition by TowerBrook Capital Partners and Clayton, Dublier & Rice, expected to complete around November 19. Shift4 Payments (NYSE:FOUR) will replace R1 RCM in the index. The transition marks R1 RCM's departure from the Healthcare sector of the S&P MidCap 400, while Shift4 Payments will join as part of the Financials sector.
Jacksonville Jaguars have partnered with Shift4 (NYSE:FOUR) to power payments for ticket sales at EverBank Stadium. Shift4 will integrate their end-to-end payments ecosystem to streamline operations and enhance the fan experience through seamless ticketing transactions. The partnership aims to provide a frictionless and secure ticket-buying process for Jaguars fans. Shift4's commerce solutions are already utilized across major professional sports leagues, colleges, and entertainment venues.
Shift4 (NYSE: FOUR), a leader in integrated payments and commerce technology, has announced its third quarter 2024 financial results. The company has made the results available through their Q3 2024 Shareholder Letter, which can be accessed on their Investor Relations website. Management will host a conference call on November 12th, 2024, at 8:30 a.m. ET to discuss the results. The call will be accessible via toll-free and toll dial-in numbers, and will also be webcast live on Shift4's website. Additionally, the call will be simulcast via X Spaces, and investors can submit questions in advance via email.
Shift4 (NYSE: FOUR) and ConnexPay have announced a strategic partnership to enhance payment solutions in European markets. The collaboration integrates ConnexPay's payment issuance platform with Shift4's processing infrastructure, offering unified PayIn and PayOut functions for online travel agencies (OTAs) and hospitality businesses in the UK and EU.
The partnership enables next-day settlement and real-time virtual card issuance, leveraging Shift4's acquiring services with 3D Secure. ConnexPay merchants can now access Gross Settlement payouts via third-party integration, streamlining B2B payment processes through a single contract and unified reconciliation system.
Shift4 (NYSE: FOUR) has announced its third quarter 2024 financial results will be released before market open on November 12, 2024. Management will host a conference call at 8:30 am ET, accessible via toll-free and toll dial-in numbers. The earnings call will be webcast through Shift4's investor website and simulcast on X Spaces. The company also announced participation in three upcoming investor conferences: the KBW Fintech Conference on November 14, the RBC Global TIMT Conference on November 20, and the FT Partners Fintech Conference on November 20.
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