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.
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.
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.