Visa creates a $2.4 billion shield! How the payment giant confronts the wave of fraud through AI!
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Billion-dollar acquisition: Visa acquires BioCatch for $2.4 billion in cash to prevent digital fraud Competitive catch-up: The deal aims to close the perceived gap with rival Mastercard in the Value-Added Services segment Solid figures: In the 3rd quarter, net revenue increased by 14% to $11.6 billion with record payment volumes The credit card company Visa (i)(V) is making significant investments in protecting its network and responding to the changing threat landscape from artificial intelligence. As the company announced, Visa is...
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