You see in there, differentiated results, which are multiples better than networks last night. We were also excited to expand our current relationship with global storage solutions company, PODS, beyond North America and Canada into Australia. Prior to COVID-19, our integrated business consistently delivered double-digit organic revenue growth through market share gains and terrific ongoing execution. I would characterize it as both better kind of optimization from the synergies. And then under a different set of revenue assumptions, we would have a different set of plans. Global Payments and TSYS agree to $21.5 billion merger, CEO says more software deals could follow Published: May 29, 2019 at 7:47 a.m. We delivered $433 million in adjusted net revenue for the third quarter, representing a 2.5% decline from the prior year period on a combined basis. Here's how TSYS delivered digital payment solutions when they needed it most. So Ashwin -- yes, this is Paul. We closed on our new joint venture with MoneyToPay on October 1, which expands our target addressable market to include Continental Europe for the first time. And so it wouldn't mean anything else there. Midtown is up in Spain year-over-year. Year-to-date, we entered into a landmark collaboration with Amazon Web Services, our preferred provider of cloud services for our issuer business, cross the 60% threshold of our business coming from technology enablement, the goal we set in March 2018 for year-end 2020 and purchased an additional 29% of our joint venture in October with CaixaBank in Spain and Portugal, two of the most attractive domestic markets in Europe. Upcoming Events. Second Quarter 2020 Summary. I don't have a ton to add. And we're going to need the next, obviously, several months to kind of play itself out relative to the overall operating environment, and we'll seek the cost base relative to that operating environment. In our higher education business, new bookings are tracking at a consistent level with 2019 despite a number of campuses being closed during the midst of the pandemic. And just in general, as we're getting incremental revenue, the incremental margins of that revenue is coming in at a higher incremental rate than we had originally planned because we kind of locked down the expense base. So if you look at our strategy in Issuer, which is bearing fruit, it's to marry great technology with folks like AWS, to marry that with servicing the largest and most complex financial institutions globally. That scale and reach, particularly in many of the hardware served markets we operate in today, is a significant competitive advantage. But most recently, started positively decoupling from those volumes and trending better. The other thing I want to mention in response to your question, as Paul said, is at 2.5 times net leverage and $3 billion of liquidity, we got plenty of financial firepower to do what we need to do on our own. So I would say it's a real bright spot, as you said, sequentially, pretty significant improvement, return to better growth in the third quarter, ex the commercial card, which is largely corporate travel related, as Paul described in his prepared remarks. Read More. View TSYS ( location in Georgia, United States , revenue, industry and description. Cameron Bready -- President And Chief Operating Officer. So you saw our announcement today about our Board, thankfully, increasing our share repurchase authorization. So now we have market validation from a customer base as to how we're doing. We are pleased to be in a position to begin to reward our team members around the world who continue to deliver the highest standard of service to our customers. We are pleased to have realized solid sequential improvement across geographies this quarter, and payment volumes continued to recover around the world. With changing consumer preferences as a tailwind, we believe we will sustain higher levels of growth in our omnichannel businesses on an ongoing basis coming out of the pandemic as channel shift and market share gains continue. Our own software businesses represent the remaining roughly 20% of our technology-enabled merchant revenue, and our leading SaaS solutions in healthcare, higher education and quick service restaurant, or QSR, have been more resilient in the current environment. You can also find the top Fortune 500 companies as a subset of this listing. And certainly for the entirety of our existence in the U.K. market, they're a fantastic partner. Revenue $4.9B [1] ... Two top TSYS execs to leave following Global Payments merger. Cumulative Growth of a $10,000 Investment in Stock Advisor, Total System Services Inc (TSS) Q3 2020 Earnings Call Transcript @themotleyfool #stocks $TSS, Total System Services Inc (TSS) Q2 2020 Earnings Call Transcript, Total System Services Inc (TSS) Q1 2020 Earnings Call Transcript, Total System Services Inc (TSS) Q3 2019 Earnings Call Transcript, Why Total System Services Surged 57.8% in the First Half of 2019, Global Payments Acquires Total System Services: Everything Investors Need to Know, Copyright, Trademark and Patent Information. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Follow-Up, if you look over kind of have good momentum heading October. Than September integrated channel and I would say, the monthly trends continue to win and we 're seeing maybe. Jeffrey with Truist Securities, Inc. ( tsys ) latest earnings report: revenue, industry description. 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