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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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Pismo and Drona Pay to Boost Security in Digital Payments

Fraud management has become a massive headache for banks and fintechs worldwide. As digital payments become more popular,  projected to grow 12%, reaching US$ 14.8 trillion by 2027, payment frauds are also expected to rise. India follows the international trend. UPI transactions increased by 91% last year. Meanwhile, complaints on the NCRP rose by 34% between Q1 and Q2, 2022. ....

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