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Archive for January 2023

New UK entrant Ashman Bank boosts management team

By Ellie Duncan | 6 January 2023

Ben Hynes named CIO and Mark Holloway has been appointed CTO as the bank readies for launch.

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Bud partners with subscription management app Little Birdie

By Ellie Duncan | 6 January 2023

The Little Birdie app uses Bud’s ‘Engage’ product to help consumers save money by managing their subscriptions and recurring payments.

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BNPL provider Pay with Suave teams up with iDenfy

By Ellie Duncan | 6 January 2023

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

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Adyen partners with touchless self-checkout solution Autocanteen

By Ellie Duncan | 5 January 2023

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

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Saudi Arabian super-app ToYou enters BNPL market with Tabby

By Ellie Duncan | 5 January 2023

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

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European businesses expect rising BaaS adoption as consumers embrace embedded finance

By Ellie Duncan | 5 January 2023

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

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

By Ellie Duncan | 4 January 2023

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.

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Saudi Central Bank unveils Open Banking Lab

By Ellie Duncan | 4 January 2023

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

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UK fintech Twig buys French teen banking challenger Vybe

By Ellie Duncan | 4 January 2023

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

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Turkey’s central bank conducts first Digital Lira payment transactions

By Ellie Duncan | 3 January 2023

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.

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