Global Payments Inc. (NYSE: GPN) is a leading pure play payments technology company delivering innovative software and services to our customers globally. 0000003403 00000 n 0000040328 00000 n “Based on progress on our integration activities, we are raising our expectations for annual run rate expense synergies from the TSYS merger to $375 million, an increase from our prior estimate of $350 million. What Is Omnichannel? Global Mobile Payments Market 2020 … RENEWABLES 2020 GLOBAL STATUS REPORT A comprehensive annual overview of the state of renewable energy. whitepaper . If the payment … The tax rate used in determining the income tax impact of earnings adjustments is either the jurisdictional statutory rate in effect at the time of the adjustment or the jurisdictional expected annual effective tax rate for the period, depending on the nature and timing of the adjustment. The year 2020 moved the value of fast and contactless payments into the zeitgeist, accelerated new real-time payments use cases and overlay services like request to pay (R2P), and evolved capabilities like real-time cross-border payments. For the nine months ended September 30, 2020, earnings adjustments to operating income included $965.9 million in COS and $338.5 million in SG&A expenses. Global Payments Inc. (NYSE: GPN) is a leading worldwide provider of payment technology services that delivers innovative solutions driven by customer needs globally. For more about the payments market, see Global Payments 2018: Reimagining the Customer Experience. Adjustments to SG&A include $42.3 million of share-based compensation expense, $59.8 million of acquisition and integration expenses and $5.3 million of other items. 01 Global Overview; 02 Policy Landscape; 03 Market and Industry Trends; 04 Distributed Renewables for Energy Access; 05 Investment Flows; 06 Energy Systems Integration and Enabling Technologies ; 07 Energy Efficiency and Renewables; 08 Feature: Public … Power. Any forward-looking statements speak only as of the date of this communication or as of the date they were made, and we undertake no obligation to update forward-looking statements, except as required by law. Sustainability reporting is growing, with GRI the global common language. ET to discuss financial results and business highlights. For the three months ended September 30, 2020, earnings adjustments to operating income included $317.3 million in COS and $107.4 million in SG&A expenses. 0000051568 00000 n 0000011728 00000 n Adjusted net revenues declined 4% to $1.746 billion, compared to $1.820 billion in the third quarter of 2019 on a combined basis. media.relations@globalpay.com. A sound and well functioning payment … Global Payments Inc. is a leading worldwide provider of payment technology and software solutions delivering innovative services to our customers globally. Our research starts at global and regional levels before diving into detailed analysis of payments … In addition, this year’s report examines gender gap prospects in the professions of the future. 0000000016 00000 n e�?fD�aYJ�,��7��B%�O�������s��r�� �8��2��&�N8P�PH�Q����hՀ2!��S��]V� ����+�!T�W�%�����w�J��آ���NI�g���$�[�x�kp. 0000038927 00000 n 0000003289 00000 n Finally, it should be stressed that the advent of private sector innovations to payment All interested parties may access the audio webcast via the investor relations page of the company’s website at investors.globalpaymentsinc.com. Income taxes on adjustments reflect the tax effect of earnings adjustments to income before income taxes. Caps apply: Consumer cards are eligible for a cap of £1.00 Commercial cards are eligible for a cap of £1.50. “We delivered solid financial performance for the third quarter, enabled by the continued recovery across our markets, our attractive business mix and ongoing outstanding execution,” said Paul Todd, Senior Executive Vice President and Chief Financial Officer. Where they once catered to speciic demographics, the sector is now providing services across the inancial services value chain — to all demographics, in a much larger playing ield. 2019 State of the Industry Report on Mobile Money 6 The Global Payments Blog hosts insights around emerging technology and trends in the FinTech industry. Mobile payments represent transactions processed through stored-value wallets and Unified Payments Interface, a real-time interbank payment … Reconciliations of the non-GAAP measures to the most directly comparable GAAP measure are included in the schedules to this release. Furthermore, according to the report, China is a global leader when it comes to mobile payment adoption. Global Payments’ Board of Directors approved a dividend of $0.195 per share payable December 31, 2020 to shareholders of record as of December 17, 2020. Global payments operating margin at risk by 2025 Source: Accenture Research on annual reports 100% 12.7% 68.5 4.3 14.5% Bank ayments Revenues Revenues loss Payment operating costs Cost of risk Operating margin. THE NILSON REPORT FOR 49 YEARS, THE LEADING PULICATION COVERING PAYMENT SYSTEMS WORLDWIDE ... Our research report is available as a PDF … Over the past year, industry incumbents have been responding to numerous trends and drivers by: Paying Taxes 2020 Regional overview North America US tax reform reduced the region’s TTCR in 2018, and the region continues to have the lowest number of payments; all three countries — Canada, Mexico and the US — have online filing and payment systems for all taxes. Conference Call. Adjustments to SG&A include share-based compensation expense of $120.3 million and acquisition and integration expenses of $186.6 million. See page 8. **Government and Personal Payments rates only apply to card acceptor business codes (MCCs) 6012, 6211, 9399 and 9311. Global Payments Inc. (NYSE: GPN) today announced results for the third quarter ended September 30, 2020. FinTech Report 2020 - Jetzt die Studie mit Diagrammen und Tabellen auf statista.com downloaden! Net income attributable to Global Payments reflects the removal of $31.4 million in charges from interest expense associated with the financing of the merger with TSYS. It is an essential tool for anyone looking to understand the many aspects of the credit, debit and prepaid card business. World Payments Report 2019 In this fifteenth edition of the World Payments Report (WPR), we explore the industry’s progress toward a new ecosystem and offer navigational signposts for incumbents as they plan their journey. Adjustments to COS include amortization of acquired intangibles of $135.0 million and acquisition and integration expenses of $10.5 million. Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization of property and equipment, Amortization of capitalized contract costs, Provision for operating losses and bad debts, Equity in income of equity investments, net of tax. 47% of companies experienced a fraud in the past 24 months. Global Payments Industry 2020‑2024 2912 reports; Card Transaction, Credit Card Transaction, Cash Transactions, Number Of Credit Cards… 21 statistics; Account At Financial Institution, Mobile Payment Adoption, Interest Payments Paid By Central Government, Number Of ATMs… The Paypers releases the global infographic and industry mapping of key players in the Open Banking ecosystem.... Cross-Border Payments and Ecommerce Report 2020–2021 11 Dec 2020 | 1246226 | Report | Raluca Constantinescu | Online Payments The product is a PDF. Also, for the three months ended September 30, 2020 and September 30, 2019, includes $2.6 million and $4.0 million, respectively, to eliminate the effect of acquisition accounting fair value adjustments for software-related contract liabilities associated with acquired businesses. 0000008924 00000 n Executive Summary The global Covid-19 pandemic has had a devastating impact on global garment supply chains, and the situation will get far worse before it gets better. © Global Payments Inc. All rights reserved, Global Payments Reports Third Quarter 2020 Results, https://www.businesswire.com/news/home/20201029005439/en/. Global Payments Inc. (NYSE: GPN) is a leading pure play payments technology company delivering innovative software and services to our customers globally. Global Payments’ management will host a live audio webcast today, October 29, 2020, at 8:00 a.m. Infosys - Consulting | IT Services | Digital Transformation 0000008423 00000 n GLOBAL PAYMENTS 2020: TRANSFORMATION AND CONVERGENCE // 6. Elsewhere in the technology space, internationally-known brands such as Amazon, Google and Apple are looking to monetise their enormous client reach to expand in . The 2020 Worldpay from FIS’ Global Payments Report helps businesses navigate the payment pathways that connect us all. The MarketWatch News Department was not involved in the creation of this content. Adjusted earnings per share increased 1% to $1.71, compared to $1.70 in the third quarter of 2019. Although solid, this CAGR is much lower than the 7.3% annual growth the industry en-joyed from 2014 to 2019. Explore the contents of the report here or download the PDF to read the full report. %PDF-1.4 %���� To bring the Future of Payments to life, we gathered views from global industry leaders - spanning banking, technology, the fintech sector and regulation. FIS 2020 Global Payments Report, a comprehensive analysis and forecast of consumer payment trends in 40 countries around the world. Adjusted operating margin of 41.1% expanded 250 basis points on a combined basis. The global real-time payment trends transforming money movement. Actual events or results might differ materially from those expressed or forecasted in these forward-looking statements. PDF Navigation This is an interactive PDF. On a GAAP basis, these payments are presented gross in both revenues and operating expenses. In addition to GAAP measures, management uses these non-GAAP financial measures to focus on the factors the company believes are pertinent to the daily management of our operations. These include fees related to the bridge facility the company entered into to support the merger financing, the write-off of debt issuance fees in connection with the refinancing of our credit facility and interest expense on new secured senior notes attributable to the period between issuance and merger close, net of interest income earned from these funds while in escrow. Adjustments to SG&A include $105.1 million of share-based compensation expense, $213.6 million of acquisition and integration expenses and $19.8 million of other items. The transaction value of global mobile payments market was USD 3714.5 billion in 2019, and it is expected to reach a value of USD 12,407.5 billion by 2025, registering a CAGR of 23.8% over the forecast period 2020 - 2025. Adjustments to COS include $942.6 million of amortization of acquired intangibles and $23.3 million of other items. 0000002200 00000 n Winnie Smith  770.829.8478 You can learn more about our data sources and the authors of this research in the full report. In addition to GAAP measures, management uses these non-GAAP financial measures to focus on the factors the company believes are pertinent to the daily management of our operations. around global stablecoins, and to submit a consultative report to the G20 Finance Ministers and c entral bank Governors in April 2020, with a final report in July 2020. Infosys - Consulting | IT Services | Digital Transformation 0000002038 00000 n 3 I ©GLOBAL PAYMENTS INC. ALL RIGHTS RESERVED. Emily Edmonds  770.829.8755 Final notes 15 Emerging markets – driving the payments … View source version on businesswire.com: START READING. 2020. Other items included in COS and SG&A include employee termination benefits and other incremental charges directly related to COVID-19. Global 2000 ist eine Umweltstudie, die 1977 von US-Präsident Jimmy Carter im Rahmen einer Botschaft an den Kongress in Auftrag gegeben wurde. Global Payments reports third quarter 2020 results. Net income attributable to Global Payments also reflects the removal of $34.3 million in charges from interest expense associated with the financing of the merger with TSYS. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Global Payments Direct, Inc is a registered ISO of BMO Harris Bank N.A. Now in its 14th year, the Global Gender Gap Report 2020 benchmarks 153 countries on their progress towards gender parity in four dimensions: Economic Participation and Opportunity, Educational Attainment, Health and Survival and Political Empowerment. If you experience any issues with this process, please contact us for further assistance. hތSmHSa>��޻��r~�ibs�re�f3 �+�ԥfJ&$9o34EaZ�㺅ίv�DZ A replay of the audio webcast will be archived on the company's website following the live event. For instance, North America and India have recentl… Ecommerce, omnichannel, the Internet of Things & more Highest Market Share in eCommerce Merchant Purchase Volume. 0000035965 00000 n ATLANTA--(BUSINESS WIRE)-- Adjusted net revenue excludes gross-up related payments associated with certain lines of business to reflect economic benefits to the company. You can sign up for additional alert options at any time. "These results validate the actions we took at the start of the pandemic to position our businesses and return to growth. Other items included in COS and SG&A include employee termination benefits and other incremental charges directly related to COVID-19. KPMG report confirms record high reporting levels around the world. 0000011096 00000 n McKinsey Global Payments Report revenues (historical and forecast) have been restated based on revisions to payments volumes and transactions by national authorities and transaction pricing in select countries, most notably China (around $100 billion downward); a restatement of cross-border payments … Their technologies, partnerships and employee expertise enable them to provide a broad range of products and services that allow their customers to accept all payment … Five payments trends shaping 2020 Payments trends 2020 | InFocus: Strategies to prepare for the future of payments 5. Changes in operating assets and liabilities, net of the effects of business combinations: Settlement processing assets and obligations, net, Net cash provided by operating activities, Net repayments of settlement lines of credit, Proceeds from stock issued under share-based compensation plans, Common stock repurchased - share-based compensation plans, Preacquisition dividends paid to former TSYS shareholders, Distributions to noncontrolling interests, Net cash (used in) provided by financing activities, Cash and cash equivalents, beginning of the period, Cash and cash equivalents, end of the period, RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP MEASURES (UNAUDITED), Diluted earnings per share attributable to Global Payments, Diluted weighted average shares outstanding. The Global Risks Report 2020 Insight Report 15th Edition In partnership with Marsh & McLennan and Zurich Insurance Group. Introduction. This report, and the detailed technical background report it accompanies (CPMI (2020)), represent the output of Stage 2 of the three-stage process to develop a global roadmap for enhancing cross-border payments (Figure 1). Die erste deutsche Ausgabe umfasste 1438 Seiten. Learn More . JANUARY 2018. oin loal ayment insihts to achiee rowth at scale. Bloomberg Top 50 Companies to Watch in 2020 × Ready to Get Started? Media Contact: Stage 1 report to the G20 . To bring the Future of Payments to life, we gathered views from global industry leaders - spanning banking, technology, the fintech sector and regulation. Merchant Acquirers High Growth Company. Despite a significant Progressive regulatory changes in the digital payment landscape are expected to help in fueling the digital payment market. Adjustments to COS include amortization of acquired intangibles of $347.1 million and acquisition and integration expenses of $12.4 million. Global Payments is HSBC's preferred supplier for card processing in the UK. The dynamic payments industry continues to expand and evolve, with digital payment vehicles and transaction volumes growing across the globe. Adjustments to COS include amortization of acquired intangibles of $501.3 million and acquisition and integration expenses of $12.4 million. Card payments represent point-of-sale transactions completed using debit and credit cards, and include online transactions. We scrutinize global non-cash transaction trends and examine the evolving regulatory landscape and its impact on the changing face of the payments industry. Net income attributable to Global Payments also reflects the removal of a $27.3 million gain associated with the fair value of shares received from the conversion of certain Visa Inc. preferred shares, the removal of $23.1 million of equity method investment earnings from our interest in a private equity investment fund, and the removal of a $8.7 million loss associated with the partial sale of an ownership position in a strategic partner. This report examines these trends and industry initiatives that will push the number of registered accounts well beyond a billion in 2020 and move us a step closer to a digital future for all. In addition to factors previously disclosed in Global Payments’ reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: the effects and duration of global economic, political, market, health and social events or other conditions, including the effects and duration of the COVID-19 pandemic; regulatory measures or voluntary actions, including social distancing, shelter-in-place orders, operating restrictions on nonessential businesses and similar measures imposed or undertaken in an effort to combat the spread of the COVID-19 pandemic; management’s assumptions and projections used in their estimates of the timing and severity of the effects of the COVID-19 pandemic on our future revenues, results of operations; our ability to meet our liquidity needs in light of the effects of the COVID-19 pandemic; the outcome of any legal proceedings that may be instituted against Global Payments or its or TSYS’ current or former directors; difficulties, delays and higher than anticipated costs related to integrating the businesses of Global Payments and TSYS, including with respect to implementing systems to prevent a material security breach of any internal systems or to successfully manage credit and fraud risks in business units; failing to fully realize anticipated cost savings and other anticipated benefits of the Merger when expected or at all; business disruptions from the Merger integration that may harm our business, including current plans and operations; failing to comply with the applicable requirements of Visa, Mastercard or other payment networks or card schemes or changes in those requirements; the ability to maintain Visa and Mastercard registration and financial institution sponsorship; the ability to retain and hire key personnel; the diversion of management’s attention from ongoing business operations; the continued availability of capital and financing following the Merger; the business, economic and political conditions in the markets in which we operate; increased competition in the markets in which we operate and our ability to increase our market share in existing markets and expand into new markets; our ability to safeguard our data; risks associated with our indebtedness, foreign currency exchange and interest rate risks; the effects of new or changes in current laws, regulations, credit card association rules or other industry standards, including privacy and cybersecurity laws and regulations; and events beyond our control, such as acts of terrorism, and other factors included in the “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2019, and in other documents that we file with the SEC, which are available at http://www.sec.gov.