Welcome to our dedicated page for Global Pmts news (Ticker: GPN), a resource for investors and traders seeking the latest updates and insights on Global Pmts stock.
Global Payments Inc (GPN) delivers technology-driven payment solutions enabling commerce worldwide. This dedicated news hub provides investors and industry professionals with essential updates about the company's strategic initiatives, financial developments, and technological advancements.
Access real-time press releases and curated analysis covering GPN's merchant services expansion, fintech partnerships, and regulatory compliance updates. Our repository includes verified information on earnings announcements, leadership changes, and product innovations directly from corporate communications and trusted financial sources.
Key focus areas include digital payment infrastructure enhancements, cross-border transaction solutions, and security technology upgrades. Track GPN's progress in omnichannel payment integration and emerging market penetration through chronological updates maintained for historical accuracy.
Bookmark this page for streamlined access to operational milestones and industry commentary. Combine our news feed with SEC filings and earnings transcripts available through Stock Titan's financial research ecosystem for comprehensive analysis.
Global Payments (NYSE: GPN) has announced it will release its first quarter financial results for 2025 before market opening on Tuesday, May 6, 2025. The company's management team will host a live audio webcast at 7:30 a.m. EDT on the same day to discuss the quarterly performance. Interested parties can access the webcast through the investor relations section of Global Payments' website at investors.globalpayments.com. A recording of the webcast will be made available on the company's website after the event.
GTCR has announced the sale of Worldpay to Global Payments for $24.25 billion in a three-way transaction. The deal involves GTCR selling its 55% stake and FIS's 45% stake in Worldpay, while FIS will acquire Global Payments' Issuer Solutions business for $13.5 billion.
Under the agreement terms, GTCR will receive 59% cash and 41% stock consideration, resulting in 15% ownership of Global Payments' outstanding shares. The transaction follows GTCR's July 2023 acquisition of Worldpay's majority stake from FIS, where CEO Charles Drucker led initiatives to enhance global processing capabilities, launch innovative payment solutions, and strengthen fraud prevention offerings.
The transaction is expected to close in the first half of 2026, subject to regulatory approvals and customary closing conditions. Both the Worldpay sale and Global Payments' Issuer Solutions business sale are cross-conditioned and will close simultaneously.
Global Payments (NYSE: GPN) has announced two major transactions: the divestiture of its Issuer Solutions business to FIS for $13.5 billion and the acquisition of Worldpay for a net purchase price of $22.7 billion. The combined entity will serve over 6 million customers, process 94 billion transactions, and handle $3.7 trillion in volume across 175+ countries.
The strategic moves position Global Payments as a pure-play merchant solutions provider, combining Global Payments' SMB focus with Worldpay's ecommerce and enterprise capabilities. The transaction is expected to generate $600 million in annual cost synergies and $200 million in revenue synergies over three years post-closing.
The deal structure involves FIS receiving cash and its Worldpay stake, while GTCR will receive Global Payments shares at $97.00 per share, representing approximately 15% ownership. The transaction is expected to close in first half of 2026, with Global Payments maintaining investment grade ratings and targeting 3.0x leverage within 18-24 months post-closing.
FIS has announced two major strategic transactions: the acquisition of Global Payments' Issuer Solutions business for $13.5 billion and the sale of its Worldpay stake to Global Payments for $6.6 billion.
The Issuer Solutions acquisition will strengthen FIS' fintech position, processing over 40 billion transactions annually across 75+ countries. The deal is expected to generate revenue synergies exceeding $125 million annually and net EBITDA synergies of more than $150 million by year three.
The transaction will be funded through $8 billion in new debt and proceeds from the Worldpay stake sale. FIS expects pro forma gross leverage of approximately 3.4x, targeting 2.8x within 18 months. Both transactions are expected to close in first half of 2026.
FIS also reported preliminary Q1 2025 results with total revenue of $2.5 billion and adjusted revenue growth of 4%.
Global Payments (NYSE: GPN) has announced that their Chief Financial Officer, Josh Whipple, will participate in the Wolfe Research FinTech Forum. The presentation will take place on March 12, 2025 at 11:00 a.m. EDT in New York, NY.
The event will feature a fireside chat format and will be accessible to interested parties through a live webcast on the company's investor relations website at investors.globalpayments.com. For those unable to attend the live presentation, a replay option will be made available on the same platform after the event.
Global Payments (NYSE: GPN) reported strong Q4 2024 results with GAAP revenue reaching $2.52 billion, up 3%, and adjusted net revenue of $2.29 billion, showing a 6.5% increase in constant currency excluding dispositions. The company's Q4 GAAP diluted EPS grew 63% to $2.25, while adjusted EPS increased 12% to $2.95.
For full-year 2024, GAAP revenues were $10.11 billion compared to $9.65 billion in 2023, with diluted EPS of $6.16. The company announced an increased operating income benefit target of $600 million from its operational transformation by first half 2027 and plans a $250 million accelerated share repurchase. For 2025, Global Payments expects 5-6% constant currency adjusted net revenue growth and 10-11% constant currency adjusted EPS growth.
TSG (The Strawhecker Group) has appointed Shelley Joyce as its new Chief Technology Officer (CTO). In her role, Joyce will lead the vision and execution of TSG's technology stack growth and client technological needs, including software products, payment technology, platform modernization, and POS development.
Joyce joins TSG from Global Payments (NYSE: GPN), where she served as CTO of Merchant Acquiring Technologies, managing worldwide processing platforms. Her previous experience includes roles as CEO at Monetary, where she developed an omnichannel commerce platform, VP of Product at Total Merchant Services, and CTO at Mercury Payments.
The appointment reinforces TSG's commitment to innovation in the payments industry, focusing on delivering cutting-edge solutions backed by merchant acquiring expertise and data-driven insights.
Global Payments (NYSE: GPN) has announced it will release its fourth quarter and full year 2024 financial results before market opening on Thursday, February 13, 2025. The company's management will host a live audio webcast at 8:00 a.m. EST on the same day to discuss the results.
Interested parties can access the webcast through the investor relations page at investors.globalpayments.com. A replay of the audio webcast will be available on the company's website after the live event.
Guidewire (NYSE: GWRE) has appointed Jeff Sloan to its Board of Directors, effective January 21, 2025. Sloan, who served as CEO of Global Payments Inc. (NYSE: GPN) through June 2023, brings significant executive leadership experience in financial services and technology industries.
During his tenure at Global Payments, Sloan led the company's rise to the Fortune 500 as a leading technology-enabled, software-driven payments business. Prior to serving as CEO, he was Global Payment's president from 2010 to 2013 and a partner at Goldman Sachs. He currently serves on the board of directors of Corpay (NYSE: CPAY), a global leader in corporate payments.
The appointment comes as Guidewire Cloud Platform establishes itself as the trusted platform for P&C insurers globally, positioning the company for continued growth and innovation.
Global Payments has released its 2025 Commerce and Payment Trends Report, highlighting six key developments reshaping commerce. Based on expert discussions and a survey of 600 payment decision-makers, the report identifies trends including: AI's practical impact on client services and fraud protection, unified commerce platform adoption with higher investment from SMBs (67%) and midmarket companies (71%), embedded payments expansion into B2B, enhanced digital security measures, POS evolution into a comprehensive service platform, and the maturation of payment orchestration technologies.
