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BNPL provider Pay with Suave teams up with iDenfy

The partnership will help Pay with Suave reduce fraudulent transactions, using iDenfy’s ID verification solution.

Adyen partners with touchless self-checkout solution Autocanteen

Autocanteen chose Adyen’s technology to create a “completely frictionless” payments process.

Saudi Arabian super-app ToYou enters BNPL market with Tabby

ToYou Pay Later is powered by Tabby, a shopping and payments app that has raised more than $275 million in funding, to date.

European businesses expect rising BaaS adoption as consumers embrace embedded finance

Research by Vodeno and Aion Bank found business leaders also expect tech firms to increasingly move into financial services.

Enfuce and Visa team up to issue prepaid cards to refugees in France

The pilot project, which also involves Finland’s Epassi and community-driven neobank Welcome.Place, aims to distribute the cards to 50,000 Ukrainian refugees arriving in the country.

Saudi Central Bank unveils Open Banking Lab

The Lab features a sandbox, as well as use cases, for banks and fintechs to develop and test their Open Banking services.

UK fintech Twig buys French teen banking challenger Vybe

The acquisition is Twig’s third as it aims to become the ‘go-to’ platform for Gen Z.

Turkey’s central bank conducts first Digital Lira payment transactions

In other central bank digital currency news, the Federal Reserve Bank of Boston’s joint research effort with the Massachusetts Institute of Technology (MIT) into a potential CBDC has come to an end.

Enterprises cite data security, API ‘sprawl’ and talent gap as main API strategy concerns

The findings from the Axway 2022 Open Everything Strategy Survey Report revealed organisations have upped their API budgets over the past couple of years.

Fintech Galaxy enters Egypt with acquisition of Underlie

The deal to buy Underlie, which builds Open Banking APIs, consolidates Fintech Galaxy’s expansion in the region.