ChatGPT makes payments inroads
September 11th, 2023
At the end of August, OpenAI announced ChatGPT Enterprise, and payments is emerging as one of the key use cases.
In August, the BRICS bloc made the historic step of more than doubling, increasing the significance of the bloc as a sender of consumer remittances.
The Reserve Bank of India is adding voice payment technology to the Unified Payments Interface – India’s instant payments system.
A few years ago, comparison sites were integral to the acquisition of money transfers customers, but is this still true today? Search results data suggests not.
Dutch payment processor Adyen has reported its results for H1 2023, in which it once again saw slower YoY revenue growth as well as a decline in profits.
There was plenty of news surrounding dLocal’s earnings in Q2 23, as the company appointed a new co-CEO while seeing continued growth in core markets.
Paysafe has continued its growth streak in 2023, with revenues rising 6% to $402.3m in Q2 23 on the back of solid volume growth.
Ebix, which owns India-based FX and remittances services brand EbixCash, has seen investors respond negatively to its Q2 23 earnings report.
US-based cross-border payments provider Flywire had a strong Q2 23, with revenues rising 50% on the back of a 43% rise in total payment volumes.