business

Fintech Startup Unveils AI-Powered Payment System Disrupting E-Commerce

Summary

Fintech firm PayNext launched an AI-driven payment platform today, aiming to streamline online transactions and reduce fraud. The system uses machine learning to detect suspicious

Fintech firm PayNext launched an AI-driven payment platform today, aiming to streamline online transactions and reduce fraud. The system uses machine learning to detect suspicious activity in real time, cutting payment disputes by 40%. Available to over 200 e-commerce partners, PayNext expects rapid adoption across North America and Europe. Reuters reported that early trials showed a 15% boost in checkout speed, improving customer experience. This innovation marks a significant disruption in the crowded fintech and e-commerce space.
Feb 15
Fintech Startup Unveils AI-Powered Payment System Disrupting E-Commerce

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