Shift4 Payments Inc Stock Price, News & Analysis

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.

Shift4 (NYSE: FOUR) has launched Pay with Crypto, becoming the first major payments company to enable global cryptocurrency acceptance for businesses. The solution allows merchants to accept various cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and major stablecoins, with automatic conversion to US dollars for settlement.

The feature will be implemented across different Shift4 products and business verticals, with TAO Group and BLADE among the first customers. Shift4 has partnered with Mesh to provide secure account linking for exchange and wallet connections. The launch responds to growing crypto adoption, with the cryptocurrency market reaching $3 trillion and over 600 million users globally.

Shift4 (NYSE: FOUR) has partnered with Mesh to enable crypto payment capabilities for over 200,000 merchants across 45+ countries. The integration allows automatic conversion of cryptocurrency payments into local currencies with seamless settlement. This makes Shift4 the first global payments company to offer one-click cryptocurrency acceptance to its merchants.

The initiative follows Shift4's acquisition of The Giving Block in 2022 and responds to growing crypto payment demand, with a Deloitte report indicating 64% of merchants noting significant customer interest in digital currency payments. TAO Group and BLADE will be among the first customers to implement this new capability.

Monumental Sports & Entertainment (MSE) has partnered with Shift4 (NYSE: FOUR) for payment processing at Capital One Arena in Washington, D.C. The multi-year partnership will implement comprehensive payment solutions across all revenue centers, including concessions and ticket sales.

The agreement includes Shift4 branding throughout the venue and aligns with MSE's $800+ million arena transformation plan. The renovation will expand concession space by 65%, increase restroom space by 30%, and enhance venue entry points. The arena, home to the Washington Wizards and Capitals, has hosted over 50 million people and nearly 5,000 events since 1997.