BridgerPay Says AI Rerouting Recovered $55 Million for Israeli Businesses

Israeli-founded fintech company BridgerPay said its AI-powered payment-routing system recovered $55 million for Israeli businesses over the past year by redirecting technically declined card transactions through alternative processors. CEO and co-founder Ran Cohen said the Israeli amount represented more than 10% of $500 million recovered globally. Company data cited nearly $13 million recovered for tourism businesses, $11 million for e-commerce, $8.2 million for gaming and $6.6 million for software. BridgerPay said its collaboration with Israel's Shva payment infrastructure gives merchants access to 1,000 payment providers worldwide.