In a mixed quarter for key remittance companies, digital player Remitly and retail-focused Intermex recorded a solid rise in revenues

The collapse of Signature Bank and Silicon Valley Bank still has potential impacts to the payments industry ahead as both were heavily involved in the sector.

Block’s stock price rose after its revenues grew 14% to $4.65bn in Q4 2022, beating analyst expectations on the back of resilient consumer spending.

French payment processor Worldline has beaten its revenue expectations for the year, having reported 10.7% revenue growth to €4.36bn in 2022.

Despite a 5% quarterly increase in net revenues, to $605m in Q4, Coinbase has had a difficult 2022 overall, with FY revenues declining by 57% to $3.1bn.

FIS announced it was spinning off its Merchant Solutions business Worldpay amid relatively soft results

Payment processor Global Payments saw muted growth in 2022 compared to previous years

PayPal’s revenues rose 7% to $7.4bn in Q4 2022 – the lowest quarterly growth the payments giant has seen for a fourth quarter in years

Santander's FY report for 2022 included an update on PagoNxt; the platform is still making a pre-tax loss, but is closing the gap and increasing revenues.