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.
Consumer remittance pricing is one of our central data products. Through this, we are able to determine which countries cost the least to send to across 2023.
Payment infrastructure – the networks instituted by financial organisations to enable money movement worldwide – are continuing to evolve in 2024.
From a cross-border perspective, banks have seen several trends in 2023, including new product partnerships to fend off digital challengers.