What The Q2 2023 Earnings Season Will Tell Us About The State Of Global Payments

The Q2 2023 earnings season is almost upon us, and with macroeconomic headwinds remaining fairly strong in many markets, this will be a key quarter to get a sense of where the global payments industry is, and what priorities will dominate over the next few cycles.

For many companies in the cross-border payments space, the last few quarters have been a challenge. While the strength of the dollar proved a benefit for some, for others it increased expenses while hitting revenues. Meanwhile, reduced consumer spending and weakening profits have led investors to become increasingly active, particularly in the payment processing space where the growth peaks of the pandemic are now a blip in the rear-view mirror.