Adyen has issued over two billion active network tokens, marking 2,200% growth in the technology since 2020

Research finds 41% of UAE businesses report an increase in fraud attempts last year. Network tokenization emerged as a key technology to increase authorization rates and reduce payment fraud.

Dubai, Unites Arab Emirates, 12 September 2023 – Adyen (AMS: ADYEN), the global financial technology platform of choice for leading enterprise businesses, has now issued over two billion active network tokens. This milestone shows that Adyen is paving the way for businesses to embrace the innovation of network tokenization which converts regular card numbers into secure non-sensitive tokens.

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