Payment Industry Analysis

Western Union has reported its Q1 2024 results, top-line revenue growth of 1% on a reported basis masking stronger growth in key segments.
With the dollar remaining strong in 2023, we take a look at how foreign exchange rates have affected US-based companies last year.
We take a look at some of the key developments for global payroll providers in Q1 2024 and how they align with cross-border payments trends.
How has funding and M&A activity fared in Q1 2024 for cross-border payments, and what does it tell us about the year ahead?
Following a recent report, we identified which cross-border payments companies are discussing generative AI the most.
Following on from the latest in our key trends in remittances report series, one of the key insights this time was the ongoing development of digital revenues.
London-based B2B payments provider CAB Payments saw revenues rise 25% to £137.1m in 2023, in line with revised expectations.
Last week, Stripe published its yearly business update, including an update on its yearly volume processed, which in 2023 passed $1tn for the first time.
B2B payments player Alpha Group has published its FY 2023 earnings results, reporting a 12% YoY rise in top-line revenue to £110.4m ($137m).
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