Global Payments Inc. is a leading payments technology company that delivers innovative software and services to customers globally. The company's technologies, services, and team member expertise enable customers to operate their businesses efficiently across various channels. Global Payments is a Fortune 500 company and a member of the S&P 500.

• Employees: Approximately 27,000 worldwide (as of December 31, 2023)
• Geographic Footprint: 35 countries across North America, Europe, Asia-Pacific, and Latin America
• Headquarters: Atlanta, Georgia
• Founded: Not explicitly stated in filing
• Number of locations/facilities: Not explicitly stated in filing
• Revenue: $9.65 billion (FY2023)
• Market Capitalization: $25.44 billion (as of the last business day of the second fiscal quarter)
• Key Subsidiaries/Brands: Not explicitly stated in filing

• CEO: Cameron M. Bready
• CFO: Joshua J. Whipple
• Executive Vice President and Chief Accounting Officer: David M. Sheffield

The filing does not provide detailed professional backgrounds or tenures for the executives.

• Annual Revenue: $9.65 billion (FY2023)
• Net Income: $986.2 million
• Market Cap: $25.44 billion (as of the last business day of the second fiscal quarter)
• Total Assets: $50.57 billion
• Employees: Approximately 27,000 worldwide (as of December 31, 2023)
• Key Financial Highlights: Revenue increased by 7.6% year-over-year.

Global Payments provides payments technology and software solutions to customers globally. Key product categories include:

• Payment Technology Solutions: Enabling customers to accept card, check, and digital-based payments, including authorization, settlement, and funding services.
• Enterprise Software Solutions: Streamlining business operations for customers in various vertical markets, including point-of-sale software, analytics, and customer engagement.
• Issuer Solutions: Enabling financial institutions to manage card portfolios and offer seamless cardholder experiences.
• B2B Payment Services: Automating key procurement processes, invoice capture, and virtual cards.

Global Payments operates in two reportable segments:

• Merchant Solutions: Provides payment technology and software solutions to merchants globally.
• Issuer Solutions: Provides solutions that enable financial institutions and other financial service providers to manage their card portfolios.

The consumer portion of the Netspend business, which was previously a separate segment, was sold in 2023.

The company's strategy focuses on leveraging technology and innovation to deepen its competitive advantages, scaling its software-driven focus, expanding its ecommerce and omnichannel solutions, growing in faster-growth markets and B2B payments, delivering commerce enablement solutions globally, providing frictionless customer experiences, nurturing its culture and supporting communities. Key strategic initiatives include:

• Investing in technology infrastructure and capabilities.
• Expanding market share through distribution channels and service innovation.
• Pursuing strategic acquisitions, alliances, and joint ventures.
• Focusing on software-driven solutions and B2B payments.

The payments technology industry is highly competitive and fragmented. Key trends include wider merchant acceptance of digital payments, increased use of credit and debit cards, and the expansion of ecommerce and omnichannel solutions. Major competitors include:

• Fiserv, Inc.
• Worldpay, LLC
• Chase Paymentech Solutions, LLC
• Elavon, Inc.
• Toast, Inc.
• Stripe, Inc.
• Shopify Inc.
• Block Inc.

The filing does not provide specific market share information.

• Cybersecurity Risks: The company faces risks related to cybersecurity threats and data breaches, which could affect its ability to deliver services and damage its reputation.
• Technology and Operational Risks: Software and hardware defects, system failures, and development delays could affect the company's ability to deliver services and expose it to liability.
• Competitive Risks: The payments technology industry is highly competitive, and the company faces competition from various providers, including financial institutions and new market entrants.
• Regulatory Risks: The company is subject to various government regulations and oversight, including privacy and data protection laws, which could impact its operations and financial results.
• Financial Risks: The company is subject to risks related to changes in interest rates and currency exchange rates, which could adversely affect its financial condition and results of operations.