Euronet revenues rose 11% to $958m in Q4 2023, bringing its full year revenues to $3.7bn, a 10% increase.
Western Union revenues declined by 4% in Q4 2023, which drove a 3% decline to $4.36bn across its full year.
Last week, Visa reported its earnings for Q1 24 (spanning calendar Q4 23), while this week Mastercard reported its earnings for Q4 and full year 2023 results.
Santander’s payments arm, PagoNxt, saw its annual revenues surpass €1bn in 2023 on the back of growing payments activities and volumes.
B2B payments player Alpha Group has provided a trading update that includes top-level FY 2023 numbers.
According to Atlantic Council data, 130 countries have ongoing CBDC projects, either at the research and development, pilot or launch stage.
Wise raised its FY 24 guidance after revenues rose by 23% to £276.6m in Q3 2024 (calendar Q4 2023), driven primarily by a 30% rise in active customers.
How are banks using AI in 2024?
January 15th, 2024
Artificial intelligence was one of the biggest trends for banks in 2023, and this is set to continue in 2024 as the hype around generative AI continues.
At the end of 2023, Blackstone announced a definitive agreement to acquire Sony Payment Services, a rare payment acquisition for the private equity major.