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13/02 – Weekly Fintech Recap

Partnerships American Express Taps Microsoft AI for New Expenses Tool American Express is expanding its decades-long relationship with Microsoft to develop a suite of solutions built on Microsoft Cloud and AI technologies focused on reducing business travel friction for employees and businesses. The first solution developed through this collaboration will enhance the expense
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FNZ to Acquire ifsam, the Luxembourg-based B2B Fund Platform, to Strengthen Global Client Proposition for Asset Managers and Distributors

FNZ, the global wealth management platform, has agreed to acquire International Fund Services & Asset Management SA (ifsam), a Luxembourg-based B2B fund platform. The acquisition, which is subject to regulatory approval, will strengthen FNZ’s global client proposition for both asset managers and distributors, adding advanced product, research, data and service solutions to its
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