Global Payments
Categories
#702
Rank
$28.75B
Marketcap
United States
Country
Andi Berens Jones (Executive Assistant To CTO, Data and Architecture)
Alex Hart (Board Member)
Financial and Banking
Summary
Global Payments offers transaction processing services through their high-speed, robust electronic information networks. Global Payments (NYSE: GPN) is a transaction processor and offers worldwide electronic transaction processing services through their high speed, robust electronic information networks. These networks process billions of businesses and consumer payment card and money transfer transactions annually for customers in the United States, Canada, Europe and Latin America. Global Payments also provides business-to-business payment card and processing services, such as money transfer, cash management, financial electronic data interchange, management information and reporting services.
History
1967: Since 1967, we've been building industry-leading products to create a uniquely comprehensive suite of technologies and expertise—in payments and beyond. In 1967, George W. Thorpe, a retired Deputy Director of Intelligence with the US Air Force, conceived a plan to offer specialized data processing services.
2000: Renamed Global Payments Inc. in 2000, we’ve continued our trajectory of growth and innovation.
2009: In 2009, it paid $75 million for United Card Service, Russia's leading credit card processing company.
2011: In 2011, Global Payments's United Card Service bought Alfa-Bank's credit card processing unit.
2012: In October 2012, it acquired the smaller Accelerated Payment Technologies for $413 million.
2014: In October 2014, it purchased Australian payment processing company Ezidebit for $305 million.
2015: In March 2015 Global Payments bought Realex Payments, an Irish-based payments gateway services company for €115 million.
2016: On April 25, 2016, Global Payments completed the acquisition of Heartland Payment Systems for $4.3 billion.
2017: In 2017, Global Payments initiated acquiring divisions of Active Networks.
2018: In 2018, Global Payments completed acquisition of AdvancedMD.
2019: On May 28, 2019, Global Payments announced a $21.5 billion merger with TSYS. The merger is expected to trigger a Federal Trade Commission investigation.
2020: However, it is expected to be revisited in 2021. Its largest deal to date would have been the reported merger with FIS (company), estimated around US$70 billion, but which fell apart at the last minute in December 2020. *2020 Pro Forma Adj Net Revenue
Mission
According to Global Payments, the company mission is: “to be the payment technology and software solutions leader worldwide."
Vision
As stated in company website, Global Payments vision is:"to deliver the best—for each other, company customers and partners."
Key Team
F. Thaddeus Arroyo (Board Member)
Andréa Carter (Chief Human Resources Officer & EVP)
John G. Bruno (Board Member)
Cameron M. Bready (Pres/COO)
John Partridge (Board Member)
Connie D. McDaniel (Board Member)
John Thompson Turner (Board Member)
David E. Mangum (President & Chief Operating Officer)
Joia M. Johnson (Board Member)
David Lawrence Green (EVP, General Counsel and Corporate Secretary TP)
Kriss Cloninger (Board Member)
David M. Sheffield (Senior VP/Chief Acctg Officer)
Robert H. B. Baldwin (Board Member)
F. Thaddeus Arroyo (Board Member)
Jeffrey Steven Sloan (CEO)
Alex Hart (Board Member)
Connie D. McDaniel (Board Member)
References
https://en.wikipedia.org/wiki/Global_Payments
https://www.zippia.com/global-payments-careers-5014/
https://www.crunchbase.com/organization/global-payments
https://www.companieshistory.com/global-payments/
https://sec.report/CIK/0001002910
https://companiesmarketcap.com/largest-companies-by-revenue/
https://www.globaldata.com/company-profile/global-payments-inc/
https://www.forbes.com/companies/global-payments/?sh=7cbbdfe07ffc
https://www.mckinsey.com/industries/financial-services/our-insights/the-chessboard-rearranged-rethinking-the-next-moves-in-global-payments
https://pitchbook.com/profiles/company/41471-74
https://www.reuters.com/markets/companies/GPN.N/
https://www.annualreports.com/Company/global-payments-inc
Andi Berens Jones (Executive Assistant To CTO, Data and Architecture)
Alex Hart (Board Member)
Financial and Banking